In this episode I review Thomas Stanley and William Danko’s 1996 best seller ‘The Millionaire Next Door’. I look at the factors they raise and also go into ‘The Millionaire Next Door Formula’ for determining what your wealth ratio is!
Hope you like it!
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The Millionaire Next Door: The Surprising Secrets of America's Wealthy
The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-the... (as of June 14, 2019 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
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The Next Millionaire Next Door: Enduring Strategies for Building Wealth
What does it take to be The Millionaire Next Door today? Find out in this research-backed, highly anticipated follow up. In The Next Millionaire Next Door, Dr. Thomas J. Stanley and Dr. Sarah Stanley Fallaw provide data-ba... (as of June 14, 2019 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
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Millionaire Women Next Door (Millionaire Set)
Millionaire Women Next Door presents a variety of groundbreaking concepts involving the personality, lifestyle, motives, beliefs, and spending habits of economically successful American businesswomen. Most of these women report being raised i... (as of June 14, 2019 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
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Thanks for the review. I am 29 now, and will just starting to look into investing and financial security. The get as many point cards as possible in Japan is not working so well. They keep breaking my wallets and cost me more than I save…
If you are 20s & 30s, it’s a MUST READ. If you are 40s, 50s… you are too late.
I benefited greatly from this knowledge. As a result, I am now wealthy (PAW). Thanks to the author sincerely.
thank you, I like the way u speak ur mind and not holding words
Outstanding review, thanks. And yes, there IS a lot of unneeded filling in the book.
I’ve read this book, and some of this is the absolute truth. One of Burger King’s chairmen is a close family friend, he lives in a ~2m House (Which isn’t much for Miami), drives a ~100k Mercedes, and wears normal clothes. If you saw him in the super market, you’d have no idea how wealthy he is.
Great review. Thanks!
Gosh I was enjoying the video until you said it wouldn’t help if you’re too old. It made me feel bad. I’m 26 and have been taking my financial literacy seriously so thank you for the review anyway.
Great reviewer indeed
You sound canadian
I would say you should read the book, just listening to someoneone say these things doesn’t make so much of a difference, the point is that after reading this book you will be able to drill these things into your mind. After reading this book I would say the book was pretty much only about the importance of saving money, and anectodes actually help you drill this thing in your mind. I have also written a review for this book http://ikamustikamedia.blogspot.in/2018/05/book-review-millionaire-next-door.html?m=1
I guess I haven’t done it so categorically. I didnt include a lot of things too, I guess.
Great Review! Start Early is the best advice for everything except maybe sex lololol. Keep it up!
Professions that start with a “Z”: Zoologist, zookeeper, zebra tamer 😀
Skiping the jokes now…
One usually wants to be rich to buy nice things, but to be rich you can´t buy things you don´t need, which usually are the nice things you wanted in the first place. So it is a loop in my opinion…
How can one solve this ridle? Should one just wait until he is old to buy the nice things he once wanted as his younger version? It sounds not so fun though…
Excellent review!
Every thing works best if you start young but most people dont thats why most people want become wealthy haha
agree, too much filling. makes me not want to finish the book as I already got the meat of it from watching your reviews.
Way to go Phil ~ Greg
There are two really great times in your life to begin building wealth. The first is when you are 18 years old. The second one is today.
Why do you feel the need to use so much profanity ? It make me avoid any other videos by you.
Thanks for reviewing! I heard about a book called Start Late Finish Rich that I think may relate to you! I’m 30 and I feel like I could’ve started when I had my first job at 18 but as long as we do it now and forward is all that matters.
Really great vid, got a new sub, and thanks for the tips.
I’ll try to use it, cause im 16.
haha
This man is a master of deadpan humor
Lovely video content! Apologies for butting in, I would appreciate your initial thoughts. Have you ever tried – Schallingora Brain Reconstruction Scheme (should be on google have a look)? It is a smashing one off guide for learning how to acquire the mind of a millionaire without the hard work. Ive heard some unbelievable things about it and my old buddy Taylor at very last got cool results with it.
Thank you..