Thomas Stanley 01/12/2010
If you haven't figured it out from knowing me, you will quickly learn through this blog that I am a big fan of Dr. Thomas Stanley, the author of The Millionaire Next Door and the related series of books. The title makes it sound hokie, I know, but if you haven't read that book yet, DO IT! I follow his blog and he had a neat post today that I would recommend checking out. I really like the ideas he presents and the way he presents them. He, being an academic by profession, has filled his book with statistics, charts, graphs, and a compelling profile of the true millionaires in America. Hint, if you haven't read the book, the millionaires in America probably aren't who you think they are! Having served clients who make millions a year but can barely afford payments on some of their luxury lifestyle artifacts, I can see why Dr. Stanley is correct. There are many high income, low net worth types out there parading as wealthy. Reading Dr. Stanley's work always encourages me to live a disciplined, frugal, value-driven lifestyle and for that, I'm always grateful. 2 Comments |
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