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Thomas J. Stanley Quotes

Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.

Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.2, Government Institutes

If you want to catch a cold, hang out with sick people. If you want to lose, associate with losers. But if you want to become successful, go out of your way to associate with successful people.

Thomas J. Stanley (2005). “Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen”, p.243, Andrews McMeel Publishing

Whatever your income, always live below your means.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.161, Government Institutes

Good health, longevity, happiness, a loving family, self-reliance, fine friends … if you [have] five, you’re a rich man….

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.208, Government Institutes

Money should never change one’s values…. Making money is only a report card. It’s a way to tell how you’re doing.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.110, Government Institutes

Wealth is what you accumulate, not what you spend.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.1, Government Institutes

The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.38, Government Institutes

It’s easier to accumulate wealth if you don’t live in a high-status neighborhood.

Thomas J. Stanley, William D. Danko (1998). “The Millionaire Next Door”, p.68, Simon and Schuster

One of the reasons that millionaires are economically successful is that they think differently.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.11, Government Institutes

Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.

Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.13, Government Institutes