This site uses cookies to deliver our services, improve performance, for analytics, and (if not signed in) for advertising. By using LibraryThing you acknowledge that you have read and understand our Terms of Service and Privacy Policy. Your use of the site and services is subject to these policies and terms.
Hide this

Results from Google Books

Click on a thumbnail to go to Google Books.

The Millionaire Next Door: The Surprising…

The Millionaire Next Door: The Surprising Secrets of America's Wealthy (1996)

by Thomas J. Stanley, William D. Danko

MembersReviewsPopularityAverage ratingMentions
3,071462,764 (3.74)20
Recently added byprivate library, kswin, Melba929, switzead, geocism, Heather_Marie, Ndkchk, Neesy, AbilenePublicLibrary

Sign up for LibraryThing to find out whether you'll like this book.

No current Talk conversations about this book.

» See also 20 mentions

Showing 1-5 of 46 (next | show all)
I believed I read this book 10 years ago...The content is alright but it did not have a significant impact on me. ( )
  Jason.Ong.Wicky | May 2, 2019 |
Some interesting statistics and observations.
  brokensandals | Feb 7, 2019 |
Live beneath your means, and aim to get a job that pays really well.

Advice you've heard before from your parents, but never believed it until you were in your mid-twenties and wishing you'd taken up a more profitable degree. ( )
  mrsrobin | Jun 24, 2017 |
Some of the advice in this book is valuable. It can basically be reduced to this:

1. The wealthiest Americans (in terms of net worth compared to income) are generally not who you would expect, because they are frugal, investing their income instead of spending it on status items.

2. Those who look the wealthiest (buy new luxury cars every few years, have a massive house in a wealthy neighborhood, etc.) are often not actually that wealthy because they spend their whole income on maintaining their lifestyle inflation.

There's some more specific details and lots of case studies, which are interesting, but quickly becoming less and less relevant because the book was published in the 90s and the economy has changed a lot since then.

My main complaint is that Stanley and Danko's tone could be a bit patronizing at times, and they were partial to scaremongering about the intentions of "the liberal politician and his friend the taxman." Ha. ( )
  hungrylittlebookworm | Mar 27, 2017 |
Very basic - spend less than you earn. What the book really comes down to is how people view wealth. Needs to be updated. ( )
  beebowallace | Feb 19, 2017 |
Showing 1-5 of 46 (next | show all)
no reviews | add a review

» Add other authors (2 possible)

Author nameRoleType of authorWork?Status
Stanley, Thomas J.primary authorall editionsconfirmed
Danko, William D.main authorall editionsconfirmed
You must log in to edit Common Knowledge data.
For more help see the Common Knowledge help page.
Series (with order)
Canonical title
Original title
Alternative titles
Original publication date
Important places
Important events
Related movies
Awards and honors
For Janet, Sarah, and Brad -- a million Christmases, a trillion Fourth of Julys
—T. J. Stanley
For my loving wife, Connie, and my dear children, Christy, Todd, and Daniel
—W. D. Danko
First words
Twenty years ago we began studying how people became wealthy.
The person who said this was the vice president of a trust department.
Last words
(Click to show. Warning: May contain spoilers.)
Disambiguation notice
Publisher's editors
Publisher series
Original language
Canonical DDC/MDS

References to this work on external resources.

Wikipedia in English (2)

Book description
Haiku summary
"Spend less than you earn"

should be common sense, but some

still want to spend more.


Amazon.com Amazon.com Review (ISBN 0671015206, Paperback)

How can you join the ranks of America's wealthy (defined as people whose net worth is over one million dollars)? It's easy, say doctors Stanley and Danko, who have spent the last 20 years interviewing members of this elite club: you just have to follow seven simple rules. The first rule is, always live well below your means. The last rule is, choose your occupation wisely. You'll have to buy the book to find out the other five. It's only fair. The authors' conclusions are commonsensical. But, as they point out, their prescription often flies in the face of what we think wealthy people should do. There are no pop stars or athletes in this book, but plenty of wall-board manufacturers--particularly ones who take cheap, infrequent vacations! Stanley and Danko mercilessly show how wealth takes sacrifice, discipline, and hard work, qualities that are positively discouraged by our high-consumption society. "You aren't what you drive," admonish the authors. Somewhere, Benjamin Franklin is smiling.

(retrieved from Amazon Thu, 12 Mar 2015 18:21:05 -0400)

(see all 6 descriptions)

Stanley and Danko reveal surprising secrets about America's millionaires and provide an valuable blueprint for improving anyone's financial health. "The implication of (this book) is that nearly anybody with a steady job can amass a tidy fortune".--Forbes".… (more)

» see all 13 descriptions

Quick Links

Popular covers


Average: (3.74)
1 8
1.5 1
2 36
2.5 5
3 131
3.5 26
4 150
4.5 15
5 116

Taylor Trade Publishing

2 editions of this book were published by Taylor Trade Publishing.

Editions: 1563523302, 1589795474

Is this you?

Become a LibraryThing Author.


About | Contact | Privacy/Terms | Help/FAQs | Blog | Store | APIs | TinyCat | Legacy Libraries | Early Reviewers | Common Knowledge | 135,605,256 books! | Top bar: Always visible