I'm a regular middle class guy with just enough financial knowledge to get myself in a heap of trouble without books like this. Like most people, I don't know what I don't know, and Quite Millionaire filled me in some key things I was unaware of about accumulating and protecting wealth. Like seeking a fee-only financial adviser to avoid being sold any unnecessary products. And the website provided in the book to help you find fee-only advisers in your area saved me a load of time tracking down some reputable firms. We're nearly debt-free now and on the road to rapid savings and this book, along with the advice and roadmap we'll get from whichever adviser we retain, will enable us to follow a plan to success. Great text, easy to jump chapters if you're seeking specific information, and well written. Highly recommend it.
If I had had this book 20 years ago, I would be in much better shape financially today having avoided foolish and ill-advised forays into questionable investments. It is not a book that explains how to buy and sell stocks and bonds or the characterization of wealthy people and their lifestyles. This is a book that explains the how and what of acquiring wealth. The Quiet Millionaire not only describes a solid financial philosophy for investment, it is also a guide thru the heady issues associated with college financial planning, business ownership, insurance, ESOP and Retirement planning. I plan to share this book with family and friends so they too may achieve their goals for financial independence and security and I highly recommend it to anyone who is serious about acquiring and preserving wealth.
This book will help many young people but since it takes TIME and DISCIPLINE to amass a fortune for most people the younger you are the better. He talks about other issues for any age: insurance, social security, Medicare, taxes, and other items. It is a great overview of looking at the pitfalls and errors you might make and how to grasp control going forward--at most ages.
I have read many of this type of book before but this puts everything together cleanly and its very readable. I recommend it if you want to change your paradigms about wealth and the wealthy and how to interact with your money.