Tag: The Millionaire Next Door

The Vanishing Frugal Lifestyle

By Thomas J. Stanley on May 6th, 2010 in Current Events

What is the most often asked question regarding the material contained in my latest book, Stop Acting Rich?  “When the economy improves will people give up the frugal  habits they adopted during the most recent economic meltdown?” Most of the people who ask this believe that frugality is here to stay.  But I am of a […]

Making Lists; Building Wealth

By Thomas J. Stanley on May 4th, 2010 in Studying the Wealthy

A New York Times article yesterday about consumer use of discount coupons jogged my memory. Shortly after making my presentation, the president and CEO of the sponsoring corporation approached me.  He told me that he had a case for my next book.  And he was right.  The case was ideally suited to be included in The Millionaire Next Door.  How did […]

We Don’t Think of Ourselves as Wealthy

By Thomas J. Stanley on Apr 22nd, 2010 in Millionaire Next Door Stories

A Message from Bob:   Your books are great!  Eight years ago I was browsing in a bookstore and picked up The Millionaire Next Door.  I began skimming through it and quickly said to myself – this guy is writing about me! I was early-fifties, owned my own business, had no credit card debt, paid cash for […]

Living Among the Income Statement Affluent

By Thomas J. Stanley on Apr 15th, 2010 in Studying the Wealthy

Daniel wrote an insightful comment about my blog entitled Stop Acting Rich: Do-It-Yourself.  He mentioned a case study from The Millionaire Next Door about a man I had interviewed called Mr. W (see pp. 241-246).    Mr. W was a very wealthy self made entrepreneur who often bought or invested in distressed real estate.  Mr. W detailed an episode that happened to him after […]

Stop Acting Rich: The Median Millionaire

By Thomas J. Stanley on Apr 13th, 2010 in Mentor's Corner

Last week while I was in the middle of crunching numbers from the IRS estate data, my phone rang.  Jerry, a friend of a friend, immediately began sharing his concerns about his “real estate situation.”  Jerry is a computer programmer, and his wife is a part-time dental technician.  The couple’s annual adjusted gross income is […]

More than “Wishful Thinking”

By Thomas J. Stanley on Mar 2nd, 2010 in Millionaire Next Door Stories

Dr. Stanley: As a reader of both “The Millionaire Next Door” and “The Millionaire Mind,” this story immediately struck a chord with me, and I knew I had to share it with you. First some background, then the story.  For about a year, I had the pleasure of personally getting to know a self-made decamillionaire […]

Honoring Glen W. Bell Jr. and his Clan

By Thomas J. Stanley on Feb 2nd, 2010 in Studying the Wealthy

Glen W. Bell, Jr., the founder of the Taco Bell restaurant chain, recently passed away (see The New York Times).  After taking Taco Bell public, Mr. Bell sold it to Pepsico for $125 million.  At that time, the chain had 868 restaurants.  Today there are more than 5,000 Taco Bell stores operating worldwide.  All toll […]