Thomas J. Stanley (1944–2015)

To boil this book down into its most basic premise is to say: Be more stingy because the millionaires all are. Most people claim to know this, but this book will make you understand it (and maybe even apply it).

The authors provide a wealth of evidence (excuse the pun) on why you need to start saving and stop spending so much. While it might come across as a little preachy sometimes, there are enough interesting case studies and personal anecdotes that will keep you interested.

While the numbers might be a little outdated, this book is more relevant than ever with consumerism as it is today. I would highly recommend this book if you are interested in building your wealth and need a bit of inspiration.
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This book has the same issues as The Millionaire Next Door: although it contains interesting findings, all chapters are based on the same research data (surveys, statistical data from IRS, interviews). After a few chapters, you have seen it all before.
I like the focus on self-made women, mindset, entrepreneurship, and various alternative life paths that the author discusses; ranging from starting your own business, saving your normal income and investing wisely, running the family office instead of working a job to investing in real-estate to let.
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This book is about money, population surveys, statistics and lifestyle inflation. A great read to adjust your view of the differences between wealth vs income.
Unfortunately, the book is also extraordinarily boring. The first two or three chapters were great because you read the author's findings for the first time. However, these are repeated endlessly throughout the book.
I finished this in one day, while skipping the chapters about buying automobiles, giving cash and trust funds to your spoiled children, and the perils of distributing your estate among heirs.
In the final chapter, you can clearly see this book started out as market research for business that serve the affluent, as it discusses "business opportunities for the coming 10 years" (starting in 1996).… (more)