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Customer Review

203 of 227 people found the following review helpful
5.0 out of 5 stars A startling revelation on what it takes to create wealth., November 4, 2003
By A Customer
This review is from: The Millionaire Next Door: The Surprising Secrets of America's Wealthy (Hardcover)
I can certaintly understand the controversy regarding this book. When I first heard of this book, I thought it was some ripoff book and approached this book with ambivalence. So I checked it out from my local library first and was so impressed that not only did I go out and buy my own copy, but also give it as an accessory gift for special occasions and recommend it to everyone I know.
I also recommend "The Millionaire Mind" which is different from this book. That volume allows you to peek inside the minds of millionaires; shows you how the millionaires think.
One caveat of these books is that they are dependent on income. You won't find anything in here on creating cash flow. For that I recommend "Rich Dad Poor Dad" whose ideas on staying debt free are somewhat similiar to what is recommended in Millionaire Next Door, but also provides ideas for creating wealth through additional cash flow. It is a book that should be written in addition, not in place of The Millionaire Next Door.
Also recommend More Wealth Without Risk and Financial Self-Defense which offer actual strategies on creating wealth, reducing expenses and investing.
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Showing 1-3 of 3 posts in this discussion
Initial post: Nov 20, 2009, 8:22:46 AM PST
WARNING!
"You won't find anything in here on creating cash flow. For that I recommend "Rich Dad Poor Dad" whose ideas on staying debt free are somewhat similiar to what is recommended in Millionaire Next Door, but also provides ideas for creating wealth through additional cash flow. It is a book that should be written in addition, not in place of The Millionaire Next Door.
This "Review" was written by a shill for Robert Kiyosaki's books. Kiyosaki's books contain numerous inaccuracies and exagerations, and pale in comparison to The Millionaire Next Door.

In reply to an earlier post on Jan 7, 2010, 9:43:56 AM PST
Dan C says:
How is this review rated so high? It doesn't say ANYTHING about the book. Raymond is right, this looks like the work of sham accounts to plug Kiyosaki.

In reply to an earlier post on Jun 15, 2010, 4:55:39 PM PDT
Last edited by the author on Jun 15, 2010, 4:55:58 PM PDT
J. Nelson says:
Yeah it does. I mean, I'm a fan of Kiyosaki's books but I've heard the Rich Dad Poor Dad company is rather lame and I wouldn't be too surprised if all these "Customer Reviews" were people just working for that company and coming on here to plug Kiyosaki's books.

This book really isn't that great, and I don't know why Kiyosaki's people would be interested since it completely about "living under your means" while Kiyosaki says in his books that he kind of thinks that's an outdated philosophy and you should "expand your means."
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