The Frugal Millionaires - 70 millionaires anonymously share their ideas about money to help each other and you. (Retail: $21.95) [Paperback]

Jeff Lehman (Author)

Editorial Reviews

Product Description

The Frugal Millionaires "...contains more apropos information than found in a year's worth of of Wall Street Journals." - Mark M. Owen, Ph.D. (Armchair Interviews). WINNER of the prestigious USA Book News "National Best Books Award" in the Business: Investing category. Ever wonder how some people grow their wealth while others simply can't? The Frugal Millionaires tell you exactly how they do it so you can too. WHAT'S INSIDE: - 70 millionaires anonymously share their ideas about money to help each other and you. - What sets millionaires apart from the other 98% of the population. - The 6 ways millionaires think differently about money. - Why being frugal doesn't mean being cheap. - Over 800 wealth growing ideas across 24 categories, including: investments, mortgages, real estate, credit cards, buying/leasing cars, saving and spending, donating to charity, taxes, conserving resources, recycling, marriage, and retirement. The 15 best practices of the "model" frugal millionaire. - The frugal millionaire's favorite mottoes about money. - The prized possessions they acquired after they became millionaires. PUBLISHER'S NOTE: A portion of the profits will go to charities designated by the anonymous frugal millionaire contributors. This book is truly a "give back" to help everyone be smarter with their money. To see TV coverage of the book go here: http://www.king5.com/video/savemoney-index.html?nvid=293049

Product Details

• Paperback: 208 pages
• Publisher: Mentor Press LLC (2008)
• Language: English
• ISBN-10: 0976899922
• ISBN-13: 978-0976899921
• Product Dimensions: 8.3 x 5.4 x 0.7 inches
• Shipping Weight: 6.4 ounces
• Average Customer Review: 4.8 out of 5 stars  See all reviews (13 customer reviews)
• Amazon Bestsellers Rank: #703,543 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 7 people found the following review helpful:

4.0 out of 5 stars Learning from the "experts", November 5, 2008

By	Armchair Interviews (Minneapolis, MN) - See all my reviews

This review is from: The Frugal Millionaires - 70 millionaires anonymously share their ideas about money to help each other and you. (Retail: $21.95) (Paperback)

Imagine yourself in a room with seventy people from all walks of life, each of whom is immensely successful at managing their money. Then imagine that you had the time and audacity to walk up to each of them, confidently introduce yourself, and ask how they became rich. That's Jeff Lehman's book, The Frugal Millionaires, in a nutshell. The advice contained within the text is well worth the price of the book, especially if you're considering paying a financial adviser to tell you what you should be doing to improve your financial acumen.

Lehman surveyed seventy millionaires to find out their ideas about the ins and outs of money, including stocks and bonds, real estate, credit cards, and of course, taxes. He also garnered their opinions on other topics such as mortgages, clothing, travel, paying for education and retirement planning. Strangely enough, he also asked about marriage, which is an interesting aside. The responses run the gamut from well trodden to genuinely interesting and informative.

Also scattered among the pages are Lehman's own short essays on just about everything remotely related to money management. He covers the common topics of real estate marketing, car selling and buying, and his views on smart retirement planning, often injecting humor into the mix, making these diversions entertaining. He also adds odd topics, like his favorite spending advice from horoscopes. The reader is getting the full scoop here.

Within the 191 pages of the paperback version are more than three thousand years of financial advice, assuming the average age of the millionaire interviewed was fifty. The result is a book that contains more apropos information than found in a year's worth of "Wall Street Journals."

Armchair Interviews says: If you're feeling like it is time to brush up on money management, then this book is for you.

4 of 5 people found the following review helpful:

5.0 out of 5 stars Common "cents" not so common!, October 19, 2008

By	Darrin Wong (Kirkland, WA) - See all my reviews (REAL NAME)

This review is from: The Frugal Millionaires - 70 millionaires anonymously share their ideas about money to help each other and you. (Retail: $21.95) (Paperback)

I found The "Frugal Millionaires" to be an insightful book with complex ideas made simple and easy to understand. Though I do a pretty good job monitoring my finances, the book made me re-evaluate my spending habits and helped me stay focused on my retirement investment goals. Of the top fifteen best practices illustrated in the book, "nickel and dime you to death daily spending" hit home the most. Now in an effort to save more money for investing, I ask myself if I really need that Starbuck's and try to eat at home more often. If more Americans were smarter with their money, the country probably wouldn't be in the financial crisis that it is in today. I'm recommending this book to my family and friends!

4 of 5 people found the following review helpful:

5.0 out of 5 stars Being Frugal is Smarter Than Being Cheap! [Just Ask Warren Buffett], October 5, 2008

By	Karl Sooder (Orlando, FL USA) - See all my reviews (REAL NAME)

This review is from: The Frugal Millionaires - 70 millionaires anonymously share their ideas about money to help each other and you. (Retail: $21.95) (Paperback)

Warren Buffett surely qualifies both for inclusion in the book's topic group as well as being a wonderful role-model for the money motto--"being frugal is smarter than being cheap." For those of millions of us who are Buffett-Watchers and, perhaps, Buffett-Admirers, this handy tome is another very sound guide to the lifestyle of which Warren would heartily approve. In this challenging economy of the 21st Century, I am holding onto my Berkshire-Hathaway shares as well as keeping my copy of "The Frugal Millionaires" on my night stand. The 70 millionaires who constitute the book's source of hundreds of common sense ideas are further proof that being frugal is smarter than being cheap...all the while growing wealth.