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. CommentsDTrain Sat, 20 Feb 2010 9:20:51 pm That's a great article by the Stan man because I think it is kind of a general key to life; enjoy where you're at and find joy in reaching small goals. I think about it a lot as I'm studying for school (which seems to have no end). Sometimes I catch myself hating the hard work and looking forward to "one day". What I've realized is that "one day" is kind of robbing me "today". Although it's obviously important to plan for the future, it's the right now that determines how happy we are right now. I guess what I'm trying to say is I agree with Mr. Stanley; Enjoy the struggle baby! Fri, 01 Oct 2010 4:41:31 am As a person with limited net worth I trust fee-only, certified financial planners because their interest is fully aligned with my interest. The problem I faced is finding a planner I can afford. After searching the web I discovered <a href="http://www.peoplesfinancialadvisor.com">www.peoplesfinancialadvisor.com</a>. If my story sounds familiar - go there! These guys offered a free assessment of my financial situation and full plan for $99 including advice on specific investments I should make and some interesting ideas how to work better with Uncle Sam to increase my limited net worth. Leave a Reply |
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