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Trading on Anticipated Future Wealth: Homes & Cities

Posted on April 9th, 2015

A recent article in The Boston Globe highlights the issues Bostonians are considering related to purchasing homes in affluent areas. The piece recites a financial-planning principle: "A bit of perspective: In many parts of the country, the rule of thumb is that housing costs should occupy a third of one's income. Here, that standard frequently doesn't apply."  Because of rising real estate prices and a desire to keep up with the Joneses, many...

How come I am not wealthy?

Posted on March 31st, 2015

In the introduction to The Millionaire Next Door, a question is asked in the voice of the reader: How come I am not wealthy? The authors state: ...

Thomas J. Stanley, Father & Mentor

Posted on March 24th, 2015

Dear Readers,Thomas J. Stanley, my father and mentor, passed away after a tragic car accident on February 28th, 2015. At the time of his death, we were working together on multiple projects, including two new books, Data Points, and a line of research examining life experiences and wealth accumulation.Our family takes great comfort from the kind messages and comments that reveal the positive and lasting influence my father's work had on people's lives. In the wake of his passing, several journalists have provided unique and thoughtful commentary on how he redefined what...

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Thomas J. Stanley, Ph.D. 1944-2015

Posted on March 3rd, 2015

Marietta, GA 30060;   Terry College of Business, Marketing Department The University of Georgia278 Brooks Hall

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Critics Are Needed to Build Your Resolve

Posted on February 24th, 2015

Harry owns a Jeep dealership.  Recently his 14 year old son told him that "some of the kids at school are teasing me over the headline in USA Today:  Jeep tops 'Consumer Reports' list of worst car values.  Earlier USA Today  published Consumer Reports' "predicted liability by brand."  Jeep ranked 27 of 28 makes.   How should Harry respond to his son's concerns?   He should think of it as a great opportunity to teach his son about the realities of life, especially success.  According to Automotive News there were 692,348 Jeeps sold in America in 2014.  That's up from...