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Stop Acting Rich: ...And Start Living Like A Real Millionaire Paperback – July 12, 2011
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The bestselling author of The Millionaire Next Door reveals easy ways to build real wealth
With well over two million of his books sold, and huge praise from many media outlets, Dr. Thomas J. Stanley is a recognized and highly respected authority on how the wealthy act and think. Now, in Stop Acting Rich ? and Start Living Like a Millionaire, he details how the less affluent have fallen into the elite luxury brand trap that keeps them from acquiring wealth and details how to get out of it by emulating the working rich as opposed to the super elite.
- Puts wealth in perspective and shows you how to live rich without spending more
- Details why we spend lavishly and how to stop this destructive cycle
- Discusses how being "rich" means more than just big houses and luxury cars
A defensive strategy for tough times, Stop Acting Rich shows readers how to live a rich, happy life through accumulating more wealth and using it to achieve the type of financial freedom that will create true happiness and fulfillment.
Author interviews, book reviews, editors picks, and more. Read it now
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My only qualm is that the book could probably be about 1/3 the length. There are entire chapters that could be summed up thusly:
* You're an idiot if you spend thousands of dollars on a watch.
* Stop buying expensive luxury and high-end vehicles when another car will get you around just as well.
Instead of getting the point across in a page or two (maybe three or four when including some good research data), these chapters go on for 20 or 30 pages. I found myself either skipping ahead a lot, or saying to the book, "OK I GET IT ALREADY, MOVE ON!"
Still, since it is a lesson I wish our whole nation would learn, I recommend the book.
If you've read "The Milionaire Next Door" you're gonna love this book. It's basically "more of the same" but with lots more millionaires profiled, lots more surveys/studies, and TONS more mindset.
"It's not what you make, it's what you keep"
Do you want to be rich?
Stop watching music videos and start reading this book. It will show you how real rich people live.
It just might surprise you...
So in a nutshell, it's a wise slap in the face to our overspending habits. Living in a hyperconsuming society, it's good to be reminded that most rich people are thrifty citizens who have slowly accumulated their fortunes. They drive Toyotas, drink inexpensive wine, buy $300 watches and $400 suits, and bank on their peace of mind to feel happy instead of living in mansions that can be taken away any day by the repo man.
This book should be revisited periodically because it's easy to be swoon over by the intoxicating power of Grey Goose marketers. Great read.
Excellent book. A must read for anyone and everyone.