Review of 'The millionaire next door' on 'Goodreads'
3 stars
I have lost it on page 93; Comic examples with names like Doc South or Doc North. Go figure if these people are even real ;)
Overall nice book for some people living paycheck through a paycheck and college kids. I guess I am somewhat old for the book plus the 'book' kind of boils down to one short essay on frugality and the idea of living beyond one's means.
93 pages were enough I guess, this brochure is quite far from Michael Lewis' writings, I am telling you.
Review of 'The millionaire next door' on 'Goodreads'
2 stars
I'm fairly certain that I read this book in the late 1990s, not long after it came out, but don't specifically recall it. This rereading, however, left me unimpressed, and the farther into it I got, the more it annoyed me. The basic premise is sound; wealthy people are wealthy because they save, and those who spend a lot are rarely wealthy. As a young adult just beginning to earn and save, (despite already being frugal by upbringing,) this probably resonated for me more than it does now, when my response is, "Duh."
The book suffers from being rather dated. The data is at least 20 years old, and things have changed significantly since then. It's hard to be impressed with oft-repeated ideas like, "[millionaires] drive full size American made sedans." I recognize that environmental concerns were not at the forefront at that time, but even that doesn't excuse the …
I'm fairly certain that I read this book in the late 1990s, not long after it came out, but don't specifically recall it. This rereading, however, left me unimpressed, and the farther into it I got, the more it annoyed me. The basic premise is sound; wealthy people are wealthy because they save, and those who spend a lot are rarely wealthy. As a young adult just beginning to earn and save, (despite already being frugal by upbringing,) this probably resonated for me more than it does now, when my response is, "Duh."
The book suffers from being rather dated. The data is at least 20 years old, and things have changed significantly since then. It's hard to be impressed with oft-repeated ideas like, "[millionaires] drive full size American made sedans." I recognize that environmental concerns were not at the forefront at that time, but even that doesn't excuse the overall tenor of this book. The tone is highly sexist, and later, explicitly anti-liberal. There is mention of pride at not donating to charitable causes in order to build personal wealth. I'm all for frugality and saving, but not impressed by accumulation of wealth with no regard to the impact on others.
