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“The foundation stone of wealth accumulation is defense, and this defense should be anchored by budgeting and planning.”
― Thomas J. Stanley, The Millionaire Next Door: The Surprising Secrets of America's Wealthy

“Many people who live in expensive homes and drive luxury cars do not actually have much wealth. Then, we discovered something even odder: Many people who have a great deal of wealth do not even live in upscale neighborhoods.”
― Thomas J. Stanley, The Millionaire Next Door: The Surprising Secrets of America's Wealthy

“How can well-educated, high-income people be so naive about money? Because being a well-educated, high-income earner does not automatically translate into financial independence. It takes planning and sacrificing.”
― Thomas J. Stanley, The Millionaire Next Door: The Surprising Secrets of America's Wealthy

“His view of millionaires is shared by most people who are not wealthy. They think millionaires own expensive clothes, watches, and other status artifacts. We have found this is not the case.”
― Thomas J. Stanley, The Millionaire Next Door: The Surprising Secrets of America's Wealthy