“The affluent, especially the self-made affluent, are frugal and price-sensitive concerning many consumer products and services. But they are not nearly as price-sensitive when it comes to purchasing investment advice and services, accounting services, tax advice, legal services, medical and dental care for themselves and family members, educational products, and homes.”
Quote by Thomas J. Stanley
Work
The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Written by Thomas J. Stanley and William D. Danko, this book delves into the lives of America's millionaires, revealing their spending habits, career choices, and financial strategies. It challenges common perceptions about wealth and provides practical advice for achieving financial success. more
Author
Thomas J. Stanley
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. more
You May Also Like
“Changes in consumer preferences can also affect profits. So can the actions of our government.”
Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy
“The first-generation affluent are typically entrepreneurs.”
Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Source: The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Source: ZeroZeroZero
“La cocaína no es un producto de la tierra, sino de los hombres.”
Source: ZeroZeroZero
Source: ZeroZeroZero
“We shop for houses, not shoes.”
Source: STEALTH MILLIONAIRE: How to Save Money and Manage Your Money Like the Rich