Tag: real estate

The Money Pit and The Decline of Enhanced Millionaires

By Thomas J. Stanley on Oct 6th, 2009 in Books and Publications

Apparently, my interview with Dave Ramsey on September 30th hit a cord when I mentioned that only a minority of people who own/occupy homes valued at $1M or more are millionaires. In my latest book, Stop Acting Rich, I use the term millionaire to refer to those households with net investments of $1M or more. This is not the […]

Avoiding The Money Pit

By Thomas J. Stanley on Oct 1st, 2009 in Books and Publications

In my interview on The Dave Ramsey Show yesterday, I discussed the relationship between where one lives and the ability to accumulate wealth. Here is a continuation of the discussion from my new book, Stop Acting Rich. Most of the self-made millionaires I have studied have one thing in common: They were able to build wealth […]

A “Detailing” Millionaire

By Thomas J. Stanley on Jul 7th, 2009 in Millionaire Next Door Stories

The following is a letter I received a few years ago from a true “Millionaire Next Door”… I am a 39 year-old Californian who is writing to let you know that I think your books, The Millionaire Next Door and The Millionaire Mind are right on the money.  Please excuse my spelling and penmanship.  I […]