October 28, 2013
Thomas Stanley, Stop Acting Rich, tells us you can look rich or act rich in America. Can you provide examples with both options?
Thomas Stanley, Stop Acting Rich, tells us you can look rich or act rich in America. Can you provide examples with both options?
Yes. Bill Gates is no doubt looking rich ,but rich as well. Same with some actors and actresses. This is because their great amounts of income offset their luxurious spending. This dichotomy is true for us regular people however because we would be fortunate to even make 10-15 percent of what they take in. For the regular people, we must forgo looking rich to be rich.
You can look rich (wear the latest designer clothing, drive a new car, own the newest phone, and live in the biggest house. People like this act/look rich. If you actually want to be rich, live below your means, save your money consistently, and invest your money wisely. Lastly, people who are rich do not look rich; they look like your average Jane/Joe.
Two very fine answers. Katherine was closer to capturing the essence of the point that Thomas Stanley provides us in his wonderful book, Stop Acting Rich.
Mr. Stanley has studied the wealthy for decades and he explains in his books, The Millionaire Next Door, The Millionaire Mind, and Stop Acting Rich what they look like, what they do, and maybe most importantly, what they don’t look like and what they don’t do. The vast majority of Americans can either be rich or look rich, but they can’t do both. Choose real wealth, your financial future will thank you.