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199
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ranked #162,706 most helpful out of 571,544,897 reviews
★☆☆☆☆
A million ways to say the same thing
The content of this book would fit on a single page. The authors (I can't believe it took 2 monkeys to churn out this garbage) simply chose to repeat that 1 page about 250 times. I gave up after they told me for the 100th time (page 100) that the key to becoming wealthy is living well below your means. The authors' examples refer to only 2 types of Americans: their typical PAW (Prodigious Accumulator of Wealth), who has ammassed a great deal of wealth by living in a tin shed, eating smack-ramen, and driving a 1982 Ford Escort, and the typical UAW (Under Accumulator of Wealth) who makes $100K/year, lives in a beach-front house, spends $100/day on fine dining, and leases a brand new Mercedes every year. How about some middle ground? Sure, both types exist, but apparently the authors' extensive research didn't gleen that fact that a vast majority of Americans are somewhere between these 2 types. As far as solid financial reasoning and advice are concerned - forget it. This book has neither. And some of their formulas - the UAW/PAW indicator in particular - simply do not work for people in their 20's and early 30's. Of course they don't bother to tell the reader that, but then again, they probably don't realize that themselves. Actually, I think the real key to becoming wealthy is writing a terrible book, and then suckering a million or so people into buying it. Sorry to say I was one of them. Hope I can save you from the same. This book should come with a free hat, or at least a full refund if you can read the whole thing.
March 2000 · Books
the product in question
The Millionaire Next Door
4.6★ · 14,691 ratings, as of 2023
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