Has anybody else been reading the new Thomas Stanley Book, entitled above?
[ame=http://www.amazon.com/Stop-Acting-Rich-Millionaire/dp/0470482559/ref=sr_1_1?ie=UTF8&s=books&qid=1259794335&sr=8-1]Amazon.com: Stop Acting Rich: ...And Start Living Like A Real Millionaire (9780470482551): Thomas J. Stanley: Books[/ame]
Amazon Summary: "
A leading expert on the affluent reveals the real way to build wealth
With well over two million of his books sold, and huge praise from many media outlets, Dr. Thomas J. Stanley is a recognized and highly respected authority on the wealthy, their behavior, and their thinking. Now, in Stop Acting Rich, he details how the less affluent have fallen into the elite luxury brand trap that keeps them from truly acquiring wealth and details how to get out of it by emulating the working rich as opposed to the super elite.
A defensive strategy for tough times, Stop Acting Rich will show you how to live like Warren Buffett-a rich, happy life-through accumulating more wealth and using it to achieve the type of financial freedom that will create true happiness and fulfillment.
:coffee:
I'm about halfway through it, and I have to say it's pretty dissapointing. If I wasn't depressed before reading this book -- I'm probably depressed AFTER reading it. haha
The basic premise is that only the "Glittering Rich" can achieve financial independence while ALSO affording to spend money on frivilous things like cars, boats, airplanes, fancy wines, rolex watches, entertaining, lavish trips, etc.... Everybody else is trying to emulate the glittering rich, even though we can't afford it -- and it completely derails our plans for long term financial indepdendence.
I am only halfway through the book, but I believe the message being sent is that you should give up trying to emulate celebrities and the mega-wealthy, and you should lower your expectations and be willing to be happy with less glamorous "stuff".
I don't know how I feel about this. On one hand I think that it's good to be pleased by simple things in life... On the other hand, I don't want anybody telling me that I can't have many nice things..... Hmmmm.... Will update again when I finish the book.
Cheers,
- Hakrjak
[ame=http://www.amazon.com/Stop-Acting-Rich-Millionaire/dp/0470482559/ref=sr_1_1?ie=UTF8&s=books&qid=1259794335&sr=8-1]Amazon.com: Stop Acting Rich: ...And Start Living Like A Real Millionaire (9780470482551): Thomas J. Stanley: Books[/ame]
Amazon Summary: "
A leading expert on the affluent reveals the real way to build wealth
With well over two million of his books sold, and huge praise from many media outlets, Dr. Thomas J. Stanley is a recognized and highly respected authority on the wealthy, their behavior, and their thinking. Now, in Stop Acting Rich, he details how the less affluent have fallen into the elite luxury brand trap that keeps them from truly acquiring wealth and details how to get out of it by emulating the working rich as opposed to the super elite.
A defensive strategy for tough times, Stop Acting Rich will show you how to live like Warren Buffett-a rich, happy life-through accumulating more wealth and using it to achieve the type of financial freedom that will create true happiness and fulfillment.
- Puts wealth in perspective and shows you how to live rich without spending more
- Details why we spend lavishly and how to stop this destructive cycle
- Discusses how being "rich" means more than just big houses and luxury cars
- Other titles by Stanley: The Millionaire Mind and The Millionaire Next Door
:coffee:
I'm about halfway through it, and I have to say it's pretty dissapointing. If I wasn't depressed before reading this book -- I'm probably depressed AFTER reading it. haha
The basic premise is that only the "Glittering Rich" can achieve financial independence while ALSO affording to spend money on frivilous things like cars, boats, airplanes, fancy wines, rolex watches, entertaining, lavish trips, etc.... Everybody else is trying to emulate the glittering rich, even though we can't afford it -- and it completely derails our plans for long term financial indepdendence.
I am only halfway through the book, but I believe the message being sent is that you should give up trying to emulate celebrities and the mega-wealthy, and you should lower your expectations and be willing to be happy with less glamorous "stuff".
I don't know how I feel about this. On one hand I think that it's good to be pleased by simple things in life... On the other hand, I don't want anybody telling me that I can't have many nice things..... Hmmmm.... Will update again when I finish the book.
Cheers,
- Hakrjak
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