I really learned from Stanley & Danko's book The Millionaire Next Door, so when I saw this book for cheap I grabbed it. Like The Millionaire Next Door, there are definitely dry patches that you can easily skip over. However, there was still much to be gleaned.What I learned:
1) Millionaire women have very clear goals (daily, weekly, monthly, annual, lifetime). They are more likely than their male counterparts to have these clearly defined goals.
2) Millionaire women largely have parents that set them up to succeed. Most millionaire women (not all) had parents that exhibited the following values/traits: empathy, leadership, happiness, independence, and responsiveness. These parents taught their daughters how to get along well with others, how to lead, how to be happy with where they are, how to be independent, and how to respond well to others.
3) Millionaire women began earning money at an early age. Most of these women were not the products of well-to-do parents, and their entrepreneurial spirit was evident early on.
4) Millionaire women are givers. They give a great deal to church and charity. Sometimes they give too much to family and enable their children to become economically dependent on them.
5) Millionaire women are self-employed. Sometimes they are engaged in unusual businesses. They see a need and figure out how to fill it and fill it well. Top earning careers for these women are management and consulting.
As with all of the Millionaire books, I think the most interesting part are the individual case studies. It's pretty interesting to see why people become what they become.
Want your own copy? I snagged an extra off of Paperback Swap to give to one of my readers. Leave a comment below telling me what your favorite personal finance book is and you will be entered into this giveaway. I'll draw a winner on Friday. Open to all in the U.S.
9 comments:
My Favorite Personal Finance book is by the Late Larry Burkett of Crown Financial Ministries out of Atlanta Area of Georgia.
How to manage your money and Mary Hunt comes in Second and then Dave Ramsey.
Please enter me into this contest.
Thank you .
Mrs.Garcia(CAGmomof2)
carlitaGAR@bellsouth.net
My favorite personal finance book so far has been Dave Ramsey's Total Money Makeover. It's the only one I have had a chance to read.
I'd love to be entered for the one you are giving away.
My favorite so far has been The Total Cheapskate. I also like the Tightwad Gazette.
To be honest, I have never read a personal finance book! This would be my first. What I find interesting about this book is the fact that millionaire women started earning money at an early age. There is hope for me!
Thank you for the opportunity to win this book!
elizabeth.salgado@sbcglobal.net
I actually have a guide for SAHM's to save money.
It's a fav yet I work outside of the home, go figure!
I've never read a personal finance book. :( Would love to read this esp after I've read her blog!
One of my favorites is Rich Dad, Poor Dad by Kiyosaki. While I think many of his stories were bogus, I enjoy the style of writing and the encouragement to think beyond 9-5 jobs as a means to true and lasting wealth. I think his ideas will take more of a hold in the next 10-15 years as the economy continues to struggle with old ways of thinking.
I've never seen this book you mention before though. Will look forward to reading it!
mariettaseller(AT)yahoo(dot)com
I'm new to personal finance and everything I've read has been online. I don't have a favorite personal finance book because I've never read any. I've tried getting TMMO through local library, but don't want to wait forever to get to the top of the hold list.
I'd like Millionaire Women Next Door to be my first.
My favorite and most helpful financial book I've read is "Money Before Marriage: A Financial Workbook for Engaged Couples" by Larry Burkett.
Has saved my husband and I over and over in our marriage!
http://ouphgirl.blogspot.com/
Post a Comment