My friends and I were discussing the economic downturn. My Spender Friends are stressed because they're worried about losing their job and how they're going to pay for their stuff.

My Frugal Friends are enjoying the economic downturn because now more than ever that money in the bank buys peace of mind, AND now they're buying stuff on Craigslist for ridiculous discounts off people who need cash TODAY because they spent all their cash on stuff they're now selling for 80% less. (Hopefully the two won't run into each other on CL. That would be embarrasing)

Ironically, when times are good, the wealthy/frugal are saving money, and when times are "bad" the wealthy/frugal are spending money snapping up good deals. The exact opposite of what everyone else does.

Dr. Stanley,

I would like to express how incredibly excited I was when I found your blog this morning. Thank you for launching the website! I hope that you reap a great deal of satisfaction from this project.

Please allow me a few paragraphs to express my genuine appreciation for your work:

I first purchased and read The Millionaire Next Door when I was in my teens--I genuinely enjoyed it and passed it (and the abridged audio version) along to my family and friends. In college I stumbled across the Millionaire Mind. Both enjoyed a prominent place on my bookshelf as a student.

Recently, I entered the [life] insurance industry with a well-respected company. As I was looking for resources to build my knowledge and skill in my chosen profession, I learned of your first three books. Just today, I finished reading Marketing to the Affluent. (I have also purchased and benefited greatly from your audio presentation, Networking with Millionaires and Their Advisors.)

Now, at 24 years old, I am working diligently to become an ESP and plan to follow the tried-and-true formula for becoming personally affluent. Although I do not yet qualify as a PAW, I feel like one due to the tremendous amount of knowledge I've gained form your works.

I will be purchasing your other two books (and your new one!) and look forward to learning and applying their content to my practice.

Thank you for launching the website. I have searched and searched for your web presence in the past without success. I had previously looked for your organization's contact information without success. Today, as I was looking again, I was delighted to find the site.

I look forward to enjoying and benefiting from more of your work. Keep up the stellar research!

Joshua

the MND should be required reading for everyone.

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