An Investing Life Tip From Dr. Thomas Stanley

You may have noticed that on the right bar of the site, I have added a link to Dr. Thomas Stanley’s excellent book “The Millionaire Next Door” (full disclosure: if you click on the book and purchase it, I receive a commission). But even if you don’t buy it, it’s cool if you go to the library and check it out, as the important thing is that you read it.

It really becomes apparent that there is a difference between being rich and appearing rich. This whole image that being affluent is about spending money recklessly and only buying high-end ridiculous consumer goods is completely out of line with the reality of those who build a net worth that exceeds the $1,000,000 mark (my side commentary: I find it nuts that being financially independent is often associated with expensive homes, cars, schools, etc. when I see the benefits of financial … Read the rest of this article!