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.
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.
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"Dr. Stanley provides real market research into the attitudes of millionaires in America. The data show that your typical millionaire is not a hyerspender or hyperconsumer rather they are fiscally conservative individuals who get pleasure out of activities in life that don't require having money. It is their approach to life that makes them successful in all aspects, including financially. A must read for someone wanting to understand more about millionaires, their purchasing habits, and what makes the majority of rich Americans rich." — Nate (4 out of 5 stars)
"Dr. Stanley provides real market research into the attitudes of millionaires in America. The data show that your typical millionaire is not a hyerspender or hyperconsumer rather they are fiscally conservative individuals who get pleasure out of activities in life that don't require having money. It is their approach to life that makes them successful in all aspects, including financially. A must read for someone wanting to understand more about millionaires, their purchasing habits, and what makes the majority of rich Americans rich."
" While the concept is correct, it can be depressing and confusing if you will try to apply as-is. Biased opinion with not much efforts taken to confront ideas. Many of the points can be argued (ie. lawyer who drives 5 y.o. Toyota will have hard time selling his services for lots of cash leading to decrease on income). "
" It was as good as a "money book" could be. :) Good supplement to anything Dave Ramsey. "
" A follow-up to Stanley's "Millionaire Next Door" book. Worth reading BEFORE you buy that BMW or McMansion. "
" This was painful. Very very very repetetive. The basis of the book is most millionaire are frugal. If you need to learn this go with Dave Ramsey he is a far better writer are the subject of helping you become a millionaire. "
" A decent update on the already thought-provoking material. If the points seem restated, I'm guessing it's because Stanley is anticipating all of the counter arguments and hypothetical justifications the intended audience will use to internally discredit his findings and their implications. Written more like a thesis than a mainstream work, the sheer quantity if statistics can be daunting to follow. But it rewards you with informational talking and insightful mulling points. "
" I thought there were some great tips. All in all- live below your means and you'll be fine. "
" Not fantastic. This author seemed more concerned with alcoholic beverages than actually saving money. "
" Really didn't need to read this book as mom and dad taught me the principles "
" I had to read it for school. It was okay - he has a tenancy to hyper-focus on certain "badges of wealth" that frankly I could care less about. There wasn't a ton of tangible advice either. It was very philosophical, which is fine. . . I guess. "
" It was repetitious and I could not relate to it as it seemed to be written for people with high incomes (not me). "
" The updated version of Millionaire Next Door. "
" The subject matter was excellent. I agree with many of the points, and the idea that frugality leads to true wealth is a powerful lesson. I gave it two stars because the entire book could have been written as a 5 page essay. There was way too much repeated info. "
" If you've read The Millionaire Next Door, not much new here. It seemed very repetitive as I had read that book recently. "
" I liked the concept and the major point of this book - my only problem is that the point was made in the first chapter. The rest of the book had a few interesting case studies and stories, but nothing that really added to the first chapter. "
" Well researched, but basically a work of repetition...from the author's previous books, and within the book itself. "
" Real life information about wealth that you won't find taught in any finance undergrad or MBA program. "
" Analytical follow-up to "The Millionaire Next Door". "
" A third hit for Thomas Stanley. You would think Mr. Stanley would have run out of information or re-hashed parts from his previous two books, but no Mr. Stanley has more interesting information about "the millionaire". "
" There was nothing new here, and he could have summed up his latest research in one chapter. Of course, that would keep him from selling books which might make him no longer one of the Millionaires next door... "
" The book had a good concept and I did learn a lot from it. However, I could only bring myself to skim through it. "
" Unfortunatly, it had one theme, to stop acting rich. Meaning, don't spend money on things to look rich. Use your money wisely. A good idea, but not for a whole book. I tried to like it, but no go. "
" Written by an actuary whose job was to gather data on millionaires. Statistically surprising information on how the rich really live and spend their money. They didn't get rich by spending it on showy material items. "
" Extremely useful information for the younger crowd. For us older folks it was kind of like reading a book about child rearing after your kid's in prison. "
" Interesting research about every day millionaires and their habits...most people that you think have money actually have negative balance sheets...very interesting stuff... "
" Very repetitive...seemed like an article stretched and padded to become a book. I didn't notice anything new, compared to The millionaire next door. "
" Honestly, I could not finish this book. I stopped at the second chapter. I have read his other books and absolutely lived all of them. If you are new to his writing, perhaps you will enjoy this. "
" Another adult non fiction. I'm getting old or something. This one was a little dry, but very enlightening about real net worth vs. ostentatious badges of wealth and states of happiness, or overall life satisfaction among the wealthy. "
" If you've read The Millionaire Next Door there's really not much new in this book. He's beating a dead horse at this point. "
Thomas J. Stanley (1944-2015) was an author, lecturer, and researcher who started studying the affluent in 1973. A recognized authority on the lifestyles and behaviors of the affluent, he wrote several books, which have sold more than three million copies worldwide and made the New York Times bestsellers list.
Fred Stella has worked as an actor and voice talent in radio, television, independent films, and audiobooks. He was awarded the Publishers Weekly Listen Up Award for Best Male Narration in 2002. He is on the adjunct faculty staff of Muskegon Community College.
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