The Millionaire Next Door: The Surprising Secrets of Americas Wealthy

by Thomas J. Stanley

Wealth is what you accumulate, not what you spend.

defense is equally important...most of us are busy in making more 0's in income. We hardly review our expenses.

people accumulate significant wealth by minimizing their realized/taxable income and maximizing their unrealized/nontaxable income.

If your goal is to become financially secure, you’ll likely attain it…. But if your motive is to make money to spend money on the good life,… you’re never gonna make it.

It's very easy to become wealthy, but it's impossible to look wealthy, you will never going to chase it...

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

many status artifacts can be a burden, if not an impediment, to becoming financially independent. Life has its own burdens. Why add excess baggage?

seeds are a lot like dollars. You can eat the seeds or sow them. But when you would see what seeds turned into… ten-foot-high corn… you don’t want to waste them. Consume them or plant them. I always get a kick out of watching things grow.

I am not impressed with what people own. But I’m impressed with what they achieve.

Don’t chase money. If you are the best in your field, money will find you.

Courage is behaving in a way that conjures up fear.