The Millionaire Next Door

The book I chose to read for class was “The Millionaire Next door” by Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D. The book was 248 pages of agony to be honest. The book is about teaching the reader what steps he needs to take in his life to become successful. It compares the common pop culture perception of a millionaire to the actual lifestyle millionaire’s live. The book takes years of research and data and compiles compelling arguments backed with factual research. This is book is all around a business book. The authors warn that not all high income homes are not actually rich and prosperous. The authors argue that even though some people make a lot of annual money, they are not actually rich, because they spend it all. They believe that to be considered truly wealthy people need to spend their money smartly.

“Whatever your income, always live below your means.”

Even though the book was well written with vast amounts of information and knowledge to retain, I thought that book was more than a drag to read. It was, as I stated before, 248 long, boring pages of text. When first choosing to do the assignment on this book I didn’t realize the genre was business. I would much prefer to read a chronological story rather than read statistics. When choosing the book I found the only book in my apartment that fit the criteria. I will definitely not be making that mistake again. Even though I really didn’t like the book, I would still recommend it because of how well it was written and how informative it was. If you enjoy business books, then this is a great read for you. If not, I would not recommend picking up this book. All in all, the book was very informative and I learned a lot even though I hated every minute of it.

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