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Thomas J. Stanley Quotes

Writer

Thomas J. Stanley was an American writer renowned for his books on wealth and consumer behavior. His work delves into the psychological and sociological factors behind personal wealth accumulation.

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All Finance Money Investing Ifs Wealth Income People Should Foundation Planning Self Successful Way Accounting Accumulation Achieve Age America Annuals Associates

Famous Thomas J. Stanley Quotes

“Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.”

People Ifs Years America Wealth Income

Book:The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy

“Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.”

Should Age Wealth Source Ten Income Divides Household Inheritance Annuals Net Worth Inherited Wealth

Book:The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy

“Whatever your income, always live below your means.”

Mean Income

Book:The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy

About the Author

Born: 1944
Died: February 28, 2015
Known for: Writer
Quotes: 25

Books & Sources

The Millionaire Next Door: The Surprising Secrets of America's WealthyRelated source material

Millionaire Women Next Door: The Many Journeys of Successful American BusinesswomenRelated source material

The Millionaire Next DoorRelated source material

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