Affluent: Income Rich vs. Balance Sheet Rich

I just finished reading Millionaire Women Next Door by Thomas J. Stanley, Ph.D. and became intrigued with Stanley’s references to income statement and balance sheet affluence. As a business major who has worked in financial analysis and accounting (and someone who is more balance sheet than income statement oriented!), I bonded to these terms immediately.

Learn more about these two types of affluence and why they can matter.

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