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The Next Millionaire Next Door
- Enduring Strategies for Building Wealth
- Narrated by: Stephen Wojtas
- Length: 7 hrs and 11 mins
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The Next Millionaire Next Door
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Publisher's Summary
Over the past 40 years, Tom Stanley and his daughter Sarah Stanley Fallaw have been involved in research examining how self-made, economically successful Americans became that way.
Despite the publication of The Millionaire Next Door, The Millionaire Mind, and others, myths about wealth in America still abound. Government officials, journalists, and many Americans still tend to confuse income with wealth. A new generation of household financial managers are hearing from so-called experts in personal financial management due to the proliferation of the cottage industry of financial blogs, podcasts, and the like. In many cases, these outlets are simply experiences shared without science and case studies without data based on broader populations. Therefore, the authors decided to take another look at millionaires in the United States to examine what changes could be seen 20 years after the original publication of The Millionaire Next Door.
In this audiobook, the authors highlight how specific decisions, behaviors, and characteristics align with the discipline of wealth building, covering areas such as consumption, budgeting, careers, investing, and financial management in general. They include results from quantitative studies of wealth as well as case studies of individuals who have been successful in building wealth. They discuss general paths to building wealth on your own, focusing specifically on careers and lifestyles associated with each path, and what it takes to be successful in each.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
What listeners say about The Next Millionaire Next Door
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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Overall5 out of 5 stars
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Performance5 out of 5 stars
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Story5 out of 5 stars
- Anonymous User
- 04-01-2020
Behaviours of rich people
If you're interested in the behaviours and psychology of millionaires, you'll like this book. It's a good insight as to how this behaviours help grow wealth and are easy to adapt. The book felt like it flowed well and offered new information each chapter. Highly recommend
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2 people found this helpful
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Overall3 out of 5 stars
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Performance3 out of 5 stars
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Story3 out of 5 stars
- Carl
- 05-09-2024
Sound general advice
Generic advice but good advice. Basically tells you to invest in ETF’s and live below your means.
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Overall2 out of 5 stars
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Performance4 out of 5 stars
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Story1 out of 5 stars
- gera davidson
- 23-07-2023
Could have been summarised in one line: be rich don’t act rich!
Unfortunately one of those so called books that could have been summarised in 1 page with the rest of it just repeating and rehashing the same basic message.
Focus on saving your money instead of spending your money - that’s it you’ve got the whole book now. So save your money and don’t bother with this one in my opinion. There are so many better options “the barefoot investor” in Australia for example.
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Overall2 out of 5 stars
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Performance4 out of 5 stars
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Story1 out of 5 stars
- Carla
- 16-03-2021
A re-hash of the original
I honestly didn’t learn anything new from this book. It’s just a re-hash of the original with just more case studies to back up the first book. There are better reads out there
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2 people found this helpful