Category: Living Frugally to Invest
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.