The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.
Thomas J. StanleyMultiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.
Thomas J. StanleyIf you want to catch a cold, hang out with sick people. If you want to lose, associate with losers. But if you want to become successful, go out of your way to associate with successful people.
Thomas J. StanleyItโs easier to accumulate wealth if you donโt live in a high-status neighborhood.
Thomas J. Stanley