The Real Face of Self-Made Wealth

This book is not just a great insight into wealthy peoples' lifestyle; it is also another strong reminder to not allow media prejudice to shape one's world view.

While the news are filled with the excesses of high-rollers and cronies, here you get a view behind the curtain of how the millions of everyday millionaires live their disciplined, organized, and – maybe most of all – frugal lives.

While the content is slightly dated, the message is not outdated at all. A very informative and refreshingly real account of the life of wealth-builders and wealth-wasters, and how your decisions shape your future financial [in]dependence. Highly recommended!

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Eye opener!

Excellent unfortunately the data is a bit out of date. Still very informative and well done.

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Interessante Statistiken

+ tiefgehende Einblicke in die Lebensweisen der echten Millionäre
+ inklusive Schlussfolgerungen die daraus gezogen werden

-Audio und Vertonung ist etwas in die Jahre gekommen

empfehlenswert, wen die Audio nicht so stört

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An Eye Opener!

Wirklich gut was da zusammengetragen wurde. Bin begeistert. Und brenne schon auf das nächste Buch

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Fascinating listening despite dated study material

Being recommended by a huge number of books in the field of how to become affluent, I decided to buy the audiobook of "The millionaire next door" and was highly pleased with it. Based on the pros and cons listed below, I can recommend this audiobook, which provided me with fascinating insights into the world of the first-generation affluent.

The pros:
- the featured studies focus on the first generation affluent, who "did it on their own" so to speak, and didn't inherit their wealth (although both groups are compared regarding their beliefs when it comes to money throughout the audiobook)
- surprising facts about first generation self-made millionaires (e.g. they don't look the part, spending habits etc.)
- encourages the listener to think about his/her own habits and how they differ from the PAW (prodigeous accumulators of wealth)
- pleasant voice of Cotter Smith as narrator
- interestingly written despite the fact that the book is comprised of a lot of statistics

The cons
- The studies cited date from the 1980s to approximately 1999, which nowadays have become a bit "long in the tooth". Still, the case studies provide many timeless wisdoms, which give you interesting insights into human psychology (e.g. why children of affluent parents don't automatically become affluent themselves; why affluent people encourage their children to become professionals rather than entrepreneurs etc.)
- Although the key messages are certainly interesting, the chapter on the car buying habits of the affluent is a bit lengthy (e.g. the authors even detail which brands and models of cars the affluent prefer!!)

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2 Leute fanden das hilfreich

Great book about rich people

I really like the content. It is one of those books that have ton more content than you would first think. Read this if you want to get rich!

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Interesting but monotonous voice

Millionnaires are frugal. This idea is rehashed over and over in a monotonous voice. Instructive, but long.

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Very insightful

(Spoiler) A logical and thorough analysis of the advantages of being frugal. To a certain degree repetitive but very insightful. I can recommend this book to anyone looking to prioritize financial independence as compared to a “rich lifestyle”.

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2 Leute fanden das hilfreich

Top

Dieses Audio ist einfach nur Genial. Es enthüllt die Wahrheit wie man zum Millionär wird und auch bleibt.

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1 Person fand das hilfreich

A must read for anyone no matter what you do

Full of beautiful examples how to do things right - from finances to education of your kids. Amazing book!

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