Tag: frugal physician

Stop Acting Rich: Act Like Ken

By Thomas J. Stanley on Jun 24th, 2010 in Millionaire Next Door Stories

What does my data tell me about hyperconsuming, high income, low net worth types?  Often these income statement affluent (IAs), as I call them, actually subsidize balance sheet (BAs) millionaires.  One example of this is found in the motor vehicle industry.  Most BAs (about 80%) have never leased a car, SUV, pickup or minivan.  No, not […]