Friday, March 15, 2019

161-A Tribute to Tom Stanley: 10 Major Finance Lessons I Learned From The Author Of The Million...

Here is the link.

I learned who the actual millionaires are. I learned the difference between wealth and income. I learned that it's OK to simply be on the way to wealth and that age matters. I learned to be proud of being frugal. I learned to choose my spouse very carefully. I learned not to go with the crowd. I learned to choose my housing very carefully. I learned that you aren't necessarily what you drive. Millionaires drive Fords. I learned how to prepare my children to avoid Economic Outpatient Care. I learned principles, not rules.


Actionable Items



I like to take some notes from the talk. I really enjoy learning from the video. I do not have time to read the book.

I remembered that I bought the book in 1997 when I was an intern in Daleen technologies. But I never had patience to read the book page by page.

Also I made mistakes to throw away books I bought in 2014 when I tried to clean up space in my rented condo.

Here is the summary I paid book from 1999 to 2001.



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