Thomas J. Stanley quotes
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“Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.2, Government Institutes
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“I am not impressed with what people own. But I’m impressed with what they achieve. I’m proud to be a physician. Always strive to be the best in your field…. Don’t chase money. If you are the best in your field, money will find you.”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.207, Government Institutes
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“Money should never change one’s values…. Making money is only a report card. It’s a way to tell how you’re doing.”
-- Thomas J. Stanley -
“Whatever your income, always live below your means.”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.161, Government Institutes
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“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. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.13, Government Institutes
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“Building a business is like building a home. If the foundation rests on an unstable setting or is constructed with subpar materials, it doesn't matter if the rest of the home is perfect. It will never be a joy to its owner”
-- Thomas J. StanleySource : Thomas J. Stanley (2004). “Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen”, p.201, Andrews McMeel Publishing
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“Good health, longevity, happiness, a loving family, self-reliance, fine friends … if you [have] five, you’re a rich man….”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.208, Government Institutes
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“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.”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.1, Government Institutes
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“One of the reasons that millionaires are economically successful is that they think differently.”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.11, Government Institutes
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“It’s easier to accumulate wealth if you don’t live in a high-status neighborhood.”
-- Thomas J. Stanley -
“The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.”
-- Thomas J. StanleySource : Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.38, Government Institutes
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“Wealth is what you accumulate, not what you spend.”
-- Thomas J. Stanley -
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