Thomas J. Stanley was an American writer and business theorist. He is the author and co-author of several award winning books on America's wealthy, including the New York Times’ best sellers The Millionaire Next...
Thomas J. Stanley Business
If you’re not yet wealthy but want to be someday, never purchase a home that requires a mortgage that is more than twice your household’s total annual realized income. Thomas J. Stanley
If you’re not yet wealthy but want to be someday, never purchase a home that requires a mortgage that is more than twice your household’s total annual realized income.
It’s easier to accumulate wealth if you don’t live in a high-status neighborhood. Thomas J. Stanley
It’s easier to accumulate wealth if you don’t live in a high-status neighborhood.
How much money is required to maintain the middle-class or even blue-collar lifestyle of a mobile-home dealer and his family? Thomas J. Stanley
How much money is required to maintain the middle-class or even blue-collar lifestyle of a mobile-home dealer and his family?
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. Thomas J. Stanley
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.
Net worth is defined as the current value of one's assets less liabilities (exclude the principle in trust accounts). Thomas J. Stanley
Net worth is defined as the current value of one's assets less liabilities (exclude the principle in trust accounts).
Most people will never become wealthy in one generation if they are married to people who are wasteful. A couple cannot accumulate wealth if one of its members is a hyperconsumer. Thomas J. Stanley
Most people will never become wealthy in one generation if they are married to people who are wasteful. A couple cannot accumulate wealth if one of its members is a hyperconsumer.
“Financially independent people are happier than those in their same income/age cohort who are not financially secure. Thomas J. Stanley
“Financially independent people are happier than those in their same income/age cohort who are not financially secure.
Great offense and poor defense translate into under accumulation of wealth. Thomas J. Stanley
Great offense and poor defense translate into under accumulation of wealth.
The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning. Thomas J. Stanley
The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.