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ledimirnunez's review against another edition
3.0
A lot of the advice you can find on personal finance blogs seems to originate from the findings of this book. As it stands, I knew a good amount already of what I read. In order to drive some points, the authors excessively drew out analogies. And this, like most financial advice, can be summed into one small, but basic, truism: Spend less than you earn. To the degree that you manage to do this, you will most likely do well in life. Now, it won't guarantee a millionaire net-worth, and one must not confuse having expensive things as an indication of a millionaire lifestyle, but it will guarantee a sense of things being less frightening and insecure. The habits of prodigious accumulators of wealth are simple, don't front, and don't live a lifestyle you're not prepared to sustain.
Act as broke as you really are, and you will be richer than you thought you would be.
Act as broke as you really are, and you will be richer than you thought you would be.
carolzreadz's review against another edition
2.0
Dear lord. Imagine writing a whole book shaming people for buying things. Like I love the concept of reducing your consumption, don't get me wrong, but this was very you won't buy a home because of that avocado toast, except it was too outdated for that reference. Seriously if I have to hear about a pension plan or the words Prodigious Accumulators of Wealth again... I did give it two stars because there were some decent ideas and interesting topics and research but those could have been communicated in a book the quarter of the size without all the bad vibes.
jordiejam's review against another edition
informative
medium-paced
2.75
TL;DR To be rich earn a lot and spend little.
This book is certainly an interesting case study in the “affluent” in the US in the 90s. It is a little dated I think and it mostly said the above TL;DR in many different ways.
This book is certainly an interesting case study in the “affluent” in the US in the 90s. It is a little dated I think and it mostly said the above TL;DR in many different ways.
katiegilley's review against another edition
2.0
I found this book to be judgmental and preachy. I was looking for some practical advice on budgeting and being frugal and felt like much of the info here was not very helpful. It was well researched, but super boring.
pineapplemike's review against another edition
informative
inspiring
medium-paced
4.5
Wish I would have read this book earlier.
cdjdhj's review against another edition
3.0
This book had some very interesting information about the habits of the wealthy, but it was very dry in parts. There were lots and lots of statistics. The best parts of the book, in my view, talked about how to teach children about money and how helping children financially often truly hurts them financially. The message of the book, in a nutshell, is BE FRUGAL.
justin92's review against another edition
4.0
BLUF - Helps to see the hard statistics dealing with real millionaires versus the public view of millionaires, does spend more time showing that most millionaires are 1st generation instead of practical steps one can take beyond general guidance. I imagine the sequel lays out the how-to more.