The Raubs on the Road

May 17, 2008

My Current Read

Filed under: personal finance — raubsontheroad @ 4:27 am
Tags: , ,

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy, by  Thomas J. Stanley

This book has been very interesting, in that it deals with the behavior of those who, not just are millionaires, but who accumulate more wealth for their current income levels.  The authors have interviewed a number of millionaires, and even some decamillionaires, and found that they are normal people, just like you and I, who have a good sense of money.

The authors speak of many millionaires as being good in both generating income and in being frugal with what income they get.  I find this to be fascinating, since we are better at being frugal than we are at generating additional income.  It is an important point worth noting.

The book is not written by Christian authors, and so does not have a biblical view of wealth.  It should be read with one eye open!  However, I know that many Christians, especially full-time Christian workers, are clueless when it comes to finances, and so some of the wisdom in these pages can be very helpful to most of us.

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