A Quote by Thomas J. Stanley
It’s easier to accumulate wealth if you don’t live in a high-status neighborhood.
Quote Topics
Quote Author
Related Quotes
Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.
The earlier you start, the easier it is to accumulate major wealth. Still, it's never really too late to begin.
So you find a lot of things in Egypt in royal and high status tombs made out of gold because it's a precious object. It was as precious then as it is now, and so it's a representation of wealth and status.
Life is good to those who know how to live. I do not ever hope to accumulate great funds of worldly wealth, but I shall accumulate something far more valuable, a store of wonderful memories. When I reach the twilight of life I shall look back and say I'm glad I lived as I did, life has been good to me.
When I became finance minister in 1991, I discovered that the wealth tax rates income - there was taxation on wealth. It was so atrocious and so high that actually nobody could accumulate money in an honest way. I removed that tax, and the result was that Indian companies for the first time acquired an incentive to grow big, to grow rich.
You know, I still live in my neighborhood. I live in Brooklyn and the same neighborhood, so I don't really get star treatment like that. I'm still Vanessa from the neighborhood.
If you have an all-white neighborhood you don't call it a segregated neighborhood. But you call an all-black neighborhood a segregated neighborhood. And why? Because the segregated neighborhood is the one that's controlled by the ou - from the outside by others, but a separate neighborhood is a neighborhood that is independent, it's equal, it can do - it can stand on its own two feet, such as the neighborhood. It's an independent, free neighborhood, free community.
Wealth is what you accumulate, not what you spend.
Because of this high status of the object in our culture, something has to be a thing. Live efforts are almost marginal. I think dance, for example, is just as much a thing, and I want for it to have the same status. I don't want it to be the thing that comes in the evening and is, like, the happy music.
We are determined not to take as the aim of our life fame, profit, wealth, or sensual pleasure, nor to accumulate wealth while millions are hungry and dying. We are committed to living simply and sharing our time, energy, and material resources with those who are in need.
the function of wealth is not to accumulate it but to give it away as productively and responsibly as you can.
Nowadays when a person lives somewhere, in a neighborhood, the place is not certified for him. More than likely he will live there sadly and the emptiness which is inside him will expand until it evacuates the entire neighborhood. But if he sees a movie which shows his very neighborhood, it becomes possible for him to live, for a time at least, as a person who is Somewhere and not Anywhere.
The rich cannot accumulate wealth without the co-operation of the poor in society.
I grew up a few years after John Kelly in an identical neighborhood in the other side of Boston and I went to high school in John Kelly's neighborhood. I know the neighborhood John Kelly comes from, I know the culture.
as the determinants of high status keep shifting, so, too, naturally, will the triggers of status anxiety be altered.
Such poverty as we have today in all our great cities degrades the poor, and infects with its degradation the whole neighborhood in which they live. And whatever can degrade a neighborhood can degrade a country and a continent and finally the whole civilized world, which is only a large neighborhood.
Related Authors
Ayn Rand Quotes
Russian
Writer
C. S. Lewis Quotes
British
Writer
Francois de La Rochefoucauld Quotes
French
Writer
Gilbert K. Chesterton Quotes
English
Writer
H. L. Mencken Quotes
American
Writer
Haruki Murakami Quotes
Japanese
Writer
Kurt Vonnegut Quotes
American
Writer
Leo Tolstoy Quotes
Russian
Writer
Mark Twain Quotes
American
Writer
Mason Cooley Quotes
American
Writer
Ray Bradbury Quotes
American
Writer
Samuel Johnson Quotes
English
Writer
Seth Godin Quotes
American
Writer
Sherrilyn Kenyon Quotes
American
Writer
Suzanne Collins Quotes
American
Writer