Defining wealth is pretty tricky. A guy with a hundred goats in Morocco, who leases his land, could be considered wealthy. But if you bought 100 goats in Canada and leased land for them to graze on, you’d be a pauper, if you didn’t have (another) day job. Thomas Stanley, author of The Millionaire Next …
Category Archive: Wealth
Permanent link to this article: http://andrewhallam.com/2011/01/do-you-have-as-much-wealth-as-you-should-have/
Dec
16
2009
Can a Jaguar-driving, high salaried, mansion-dwelling family really be broke?
I’m going to share a crazy, personal story with you. Before I read about Thomas Stanley’s studies of the wealthy, I always assumed that this personal experience of mine was a “one-off”– as likely to happen again as a band of mice singing Christmas carols for a family of cats. But Stanley’s studies reveal that …
Permanent link to this article: http://andrewhallam.com/2009/12/can-a-jaguar-driving-high-salaried-mansion-dwelling-family-really-be-broke/
Dec
08
2009
The Joneses Just Pretend to Be Rich!
Relax! Most of your rich-looking neighbours or the people who we think are wealthy are just pretending to be rich , according to Thomas Stanley. They drive fancy cars, live in flashy houses and earn salaries that support their consumption habits. But the majority of high-salaried high-rollers aren’t rich at all. If you’ve been looking at some of …
Permanent link to this article: http://andrewhallam.com/2009/12/the-joneses-just-pretend-to-be-rich/


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