Customer Reviews

The Millionaire in You: Ten Things You Need to Do Now to Have Money and Time to Enjoy It

5 star:		(9)
4 star:		(0)
3 star:		(1)
2 star:		(0)
1 star:		(1)

 

 

At a time when the public is constantly getting slammed by hyped-up claims of how to become one-minute millionaires, it's refreshing to read a wise book like this.

I was a fan of Michael LeBoeuf's years ago when he wrote "The Greatest Management Principle in the World" which correctly stated that "what gets rewarded gets done." Since then a recently hyped book claims that "what is fun gets done" and we all are skeptical of that one, aren't we?

In this book, LeBoeuf writes a clear, enjoyable, and fundamentally-sound financial guide to wealth and happiness. His background in management, finance, and time-management gives him the mature credibility that we all need for such important life-decisions. Here is a man who is a financial-businessman first and an author second unlike so many others today.

I have a feeling that this book will not become a huge best-seller because of its somewhat understated manner. But that should not take away from its incredible long-term value and excellent writing.

I think this is a 6 star book in a field where best-sellers are really 3 star books. Buy this for yourself and anyone else you really care about. (Especially those who have plenty of money and little time to enjoy it.)

This book is a true financial treasure!

If there is one book that is worth its weight in gold -- literally -- it's this book.

I have read many, many personal finance books, and this one is the most straightforward, concise guide to achieving financial success that I have ever read. Its advice has been instrumental in helping me to grow to a net worth exceeding $1 million.

And LeBoeuf's Law is worth remembering: Invest your time actively and your money passively -- that is, put your money in index funds, and then work hard at finding what you want to do and making money while doing it. I am surprised that one reviewer here at amazon thought that LeBoeuf's Law was worth belittling. It is not.

Read, apply the advice, be patient and persistent, and become a millionaire.

This book is concise, straight forward, easy to understand and fun to read. It includes the very basics of becoming rich as well as a lot of very good real life examples. Also, it looks at wealth not only in terms of money but also in terms of quality of life.

Not only does common sense confirm the efficiency of the lessons taught but also it is reflected in the author's own life success. Some of the basic principles of success have been brought to the point in such a great way, that some of the well known self-help gurus use them in their programs quite often, I think.

This books was very much worth the [money] and my time to read it. I can highly recommend it to erveryone who has interest in that topic, from the novice to the already successful professional. In my opinion, it is quite a master piece.

This book should be required reading in college. Our world would be a better place if people focused on their priorities in life and resisted the constant seduction of wasting money.

Get it, read it, live it. You will not regret it!

This book clearly explains the basic guidelines to becoming a millionaire and taking time to enjoy the little things. Michael LeBoeuf is a great author and knows how to get to the point. The dedication and pride that went into this book is tremendous and it clearly beams whenever you read a passage from any part of the book. Always following LeBoeuf's Law: "Invest your time actively and your assets passively." I advise everyone to do themselves a favor and buy this wonderful masterpiece. It's truly made me a better person.

Thanks to my father, I am a second generation follower of Dr. LeBoeuf's time management and financial advice. My father purchased a copy of his first book "Working Smart" back in the late 1970's when LeBoeuf was still a business professor at the University of New Orleans. So you could say that in a way I have "grown up" with Michael over the years.

How am I doing? Not bad. Not bad at all. Considering how far I have had to climb to get where I am now, that's saying something.

As somebody who has had a relationship with this man for over twenty-five years, please allow me to tell it to you straight. Forget Kiyosaki and 90% of the other financial education gurus out there; LeBoeuf is the real deal. He gives it to you straight, no B.S. Even more important, LeBoeuf actually IS an educator and retired college professor, not some phony "advice" marketer (like Kiyosaki) with a shady past, mystery portfolio, and unverifiable credentials. This stuff isn't rocket science and learning about it should not cost hundreds or even thousands of dollars.

Although this book has "millionaire" in the title, when you look beneath the surface the book is really about financial independence and what that means. He asks you to ask yourself some basic questions. He then asks you to hold yourself accountable. And then he gives you some sound financial advice. One of the many strengths of this book is that it does NOT oversell the "millionaire" thing; a million ain't what it used to be, and you can lose it very quickly if you overindulge yourself or start to act like you're something you're not. Once you get to a million, index investing should keep you there and produce about $50,000 in after-tax income annually. If you thought that you were a "high roller" once you hit the seven figure mark, think again. To live and act like the Jay-Z's and Tiger Woods of the world, you'll need more than a million--a lot more.

Bottom line: this is financial advice for the people. Written in down-to-earth language that almost everybody can understand, and written in that folksy "you can do this" tone that is the hallmark of good advice writing, this book is a gem. I buy copies and give them out like hot dogs at a ballgame. Most importantly, I have followed this man's advice for over twenty five of my forty one years, and continue to do so with my own children.

This to the most practical, straight forward book, no "BS" book I've ever read on accumulating wealth. It is a must read.

Looking for that perfect gift? I just purchased 18 copies of The Millionaire in You to give to colleagues, clients, friends and family. It's powerful, it's practical, and LeBoeuf has communicated this common sense approach in terms that anyone can understand! Share the wealth! Get a copy for yourself and for those whose future you care about.
Karyn Buxman, RN, CSP, CPAE

As an avid fan of index funds, I really enjoyed LeBoeuf's book.

I did pick up a couple of recommendations I had not read before.

I already have high deductibles on my insurance policies. High deductibles lower the premium, and I only want to insure against major, not minor losses. Many insurance companies are now exempting homeowner's coverages that used to be covered in the policy. LeBoeuf advocates having earthquake and flood insurance......even if you live in a low risk area......because the premium is cheap if you live in a low risk area.....and you really do want insurance against a major loss. Its time to blow off the dust from my homeowner's policy and find out what I am really insured against.

LeBoeuf also recommends an umbrella insurance policy of $1M more than your net worth. I have never really seen a rule-of-thumb published on umbrella policies before. I have had an umbrella policy for many years......but have struggled with how big of policy to have.

All-in-all, a great basic investment book...full of useful and practical recommendations.


The Richest Man in Babylon
Bogle on Mutual Funds: New Perspectives for the Intelligent Investor
The Millionaire Next Door
The Four Pillars of Investing: Lessons for Building a Winning Portfolio
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Ninth Edition
The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your Life
The Bogleheads' Guide to Investing

Only a pompous windbag would name a "law" about investing after himself. Can you say shameless self promotion? Let Leboeuf make his next million on someonelse's back. Spend your money, instead, on "The Millionaire Next Door". That will give you the right mentality. Then read "Rich Dad, Poor Dad" for implementation ideas.