MME Minute: 💰 Trash, Treasure & The Millionaire Mind

Good morning.

It’s Monday, August 4th, 2025, and like clockwork, I’m out collecting all the trash and recycling. Not the most glamorous part of my routine…but you know what?

It’s the perfect time to reflect on the difference between what we throw away—and what we keep.

That’s where The Millionaire Mind by Thomas Stanley comes in.

📚 One of my favorite takeaways from his book?

💡 Millionaires are more likely to resole their shoes than replace them.

That simple truth says a lot.

They don’t chase the newest thing.

They buy quality, take care of it, and make it last.

That’s not cheapness.

That’s stewardship.

And it turns out, that mindset is the real key to building lasting wealth.

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Here are a few more counterintuitive gems from The Millionaire Mind:

✅ Resole > Replace – Buy high-quality goods and maintain them. It’s not just about saving money—it’s about respecting what you own.

✅ Frugality is a virtue, not a flaw – Many millionaires live in homes well below their means, drive used cars, and budget carefully.

✅ They outsource less than you think – The wealthy often handle their own finances, household maintenance, and even lawn care—not because they have to, but because it keeps them grounded.

✅ They value peace of mind over prestige – Flashy status symbols are often more appealing to the middle class than to actual millionaires.

✅ They teach their kids to work – Generational wealth starts with generational values, not handouts.

✅ They’re fanatical about financial independence – It’s not about being rich. It’s about being free.

✅ They embrace boring habits (Like Monday/Fund-Day…when we pay down debt, save toward a rainy day or shorter term goal, and/or invest for our future selves) – Discipline, delayed gratification, goal-setting, and compound interest might not go viral—but they do build wealth.

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So the next time you’re tempted to throw something out—ask yourself:

• Could it be mended?

• Could it be reused?

• Could it be enough?

Because wealth isn’t always about what you acquire.

Sometimes it’s about what you preserve.

Trash less. Replace less. Waste less.

And you just might accumulate more.

#millionaireME #millionairemind #ThomasStanley #TrashDayTruths #WealthNotWaste #StewardshipOverStatus #FrugalIsSexy #UnleashYourInnerTBA #ResoleTheShoes #CompoundHabits #KeepWhatMatters

millionaireME | Happy • Healthy • Wealthy • Wise

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