Basically, she was holding out for a particular job position and had gone through the savings she had from working in college.

However, her parents obfuscated how she could gain access and she didn't want to go over their heads if she could avoid it. On the other hand, the friend I lived with that first year had a trust fund from her grandparents that she had recently become old enough to access. I think a key thing is that he made what he was willing to contribute clear. My dad offered me my first three month's rent to get started and it worked out well. I had already based plans around the move so I was surprised. (It was her primary checking account that she added me to and I deposited my paychecks into it in addition to using it for my expenses.) She objected. When I graduated college I intended to move permanently to the city and assumed I would be able to take the necessary first month's expenses out of the joint bank account I had with my mother. I think whether it's dangerous to support your kids depends on how you do it. To be fair, the focus of the book seemed to be on those things that everyone could do to emulate the millionaire-next-door type and that behavior isn't risk-free like the others. Or maybe it just wasn't emphasized enough to get it through my thick skull. Like, capitalizing your labor so that you are building a business that has a value and that in some cases could be sold, was mentioned but given short shrift considering what a big difference it makes to an individual's worth. Maybe it's the life experience I had going into the book but when I read it in college (my mother had just finished it and I borrowed her copy), I didn't pick up on much emphasis on the fact that a lot of these people had their own businesses. In the next 5 to 10 years, we can probably look forward to following titles: the Millionaire who used to live next door, the Millionaire living in a van under a bridge, The millionaire Dog next door, etc. there is the millionaire mind, stop acting rich and start living like a millionaire, the millionaire women next door, etc). He is the master of the never ending sequels (i.e. He just keeps rehashing the same original stuff into new books without guilt and tries to get everyone excited about it again and again. Yet I kept coming back for 2 or 3 more rounds of sequels before giving up on him. I thought the sequels would be just as earth-shattering as the original however I was disappointed every time. One mistake I made was that one of the authors Thomas Stanley, kept coming out with new books. For a time, it was one of my all-time favorite books. Basically, the book provides a good independent source to verify that MMM is in fact giving good advice. I am like most people here in that we read the book before finding out about MMM. Yep, a lot from that book stuck in my brain, I think about those lessons often. Greeks were very high, tops the Scots were near the top. The ethnic breakdown of millionaires was interesting. I don't believe that TMND talked about school debt, but these days that's a big thing, too.ДЇrom TMND a cardinal lesson is 'it's not how much you make, it's how much you keep that counts.' I remember the profile of doctors: they don't have a lot of money because they are very generous with donations and people expect them to spend big and donate big. Today I was just thinking about another neighbor, a very nice young man who is graduating form medical school this weekend. We think there must be parental Economic Outpatient help there. 'Economic Outpatient help' is a term DH and I've been tossing around in conversations about neighbors who have a giant old house, a bunch of kids, and low visible means of support. This is my favorite book about money because it just tells stories, backed up by stats, about how the wealthy keep their money. I think that's his book where he spends a whole chapter on how the really rich get great real estate deals-working with premiere high volume agents, waiting to negotiate with someone in a jam (particularly divorcing couples), buying low maintenance brick/stone houses, etc.-which I also found super interesting. I found it fairly interesting to see what types of business these people are creating (usually a niche specialty company that fills a local void (scrap recycler, trade magazine publisher, etc.)) and his commentary on what people attribute their success to (hard work more than good grades) is predictable but still interesting. He's put out a couple of similar books and I thought the Millionaire Mind was interesting-it takes the upper echelon of the wealthy people he's studied ($5m+ I think is the threshhold) and compares their career and big purchase decisions. Not bad, but still a little overly consumerist focused for my tastes. I like the book but in following his other books and writings I've found that he basically promotes the save, save, save, work for 40 years lifestyle-just get rich doing it.

Dave ramsey millionaire next door