Tag: Stop Acting Rich

The Downside of Understating Your Wealth

By Thomas J. Stanley on Sep 29th, 2009 in Books and Publications

“Not acting rich” may be great for your net worth, but it might not let you into the parking lot at work. Below is an excerpt from Chapter 2 in Stop Acting Rich. Dear Dr. Stanley:Our physician recently telephoned to tell us laughingly that he had received the “Millionaire Next Door” award. When I questioned him, he […]

Stop Acting Rich Preface Part II

By Thomas J. Stanley on Sep 24th, 2009 in Books and Publications

Why is it that some people worth $10 million, $20 million, $30 million own few or no luxuries whatsoever?  They know that satisfaction in life is not a function of what you can buy in a store. As you will come to learn in these pages, these people were conditioned by their parents to live […]

Stop Acting Rich: Preface, Part I

By Thomas J. Stanley on Sep 22nd, 2009 in Books and Publications

Thirty years ago I first defined the blue collar affluent aka the millionaire next door type in a speech and paper that I delivered on behalf of the New York Stock Exchange. This began a lifetime journey of identifying and profiling the myths and realities of the rich.  I discovered that not all millionaires have high […]

Onshore versus Offshore

By Thomas J. Stanley on Sep 15th, 2009 in Current Events

If you recall from an earlier blog, Part 1: The Millionaire Next Door:  Swiss? Cheese only, I hypothesized that most people who are guilty of tax evasion are hyper consumers.  But not all of these tax cheats use offshore accounts.  In fact, I am of the opinion that there is a much greater number of […]

Millionaires in the Making: Russian Immigrants

By Thomas J. Stanley on Sep 1st, 2009 in Current Events

Last night my wife and I dined at our favorite neighborhood restaurant, taking full advantage of the “early bird” special! We lucked out and were served by David, an outstanding waiter.  As always I inquired about his progress as an undergraduate honors student in math.  He responded that his brilliant math professors were constantly challenging […]