Warning on the use of vulgar language, so those who are offended don't follow the link.
For those who aren't, this is FUNNY and BLUNT and TRUE!!!
Article Link: Four Rookie Mistakes People Make that Keep Them Poor
November 29th, 2006 at 09:14 pm
November 29th, 2006 at 10:00 pm 1164837656
Wow, what an article!
November 30th, 2006 at 12:23 am 1164846217
November 30th, 2006 at 01:38 am 1164850727
November 30th, 2006 at 02:22 am 1164853364
There! That's who I want to be. No, I don't drink, and I don't want to loaf around all day. BUT, if that's what I feel like doing for just that one day, then I want the freedom and the financial ability to do just that!
As for the list, sadly, I've already done 2 of them (going straight to college and having kids before we were ready), and I'm risking doing a third (stagnating... although technically, I'm going through a divorce and it's not complete yet).
But things are going to be different from now on! I'm going to pull the biggest turnaround humanly possible and right my financial ship!
November 30th, 2006 at 02:48 am 1164854915
November 30th, 2006 at 03:22 am 1164856958
Yes, I can understand why you feel that way.
For example, my ex and I didn't have kids because we decided that we want to be stupid and do something financially reckless. We had kids because we were blessed by their existance at that point in time.
It's tempting to say that the author of that article probably don't have kids, because otherwise, (s)he would understand that people don't do it as a public display in stupidity.
It's almost like saying that car accidents are stupid. Well, sitting from the comfort of the stadium seats, of course they look stupid! Nobody wants to have car accidents. They just happen. Life happens.
Having said that, it's also true that children are a financial challenge. I'm not saying it's a bad idea to have kids. However, in an ideal world, I have to agree that it's best to approach it from a financially secure position... whenever possible.
November 30th, 2006 at 03:49 am 1164858581
And yes, I had a vasectomy.
November 30th, 2006 at 05:23 pm 1164907401
November 30th, 2006 at 06:06 pm 1164909971
I've always felt that the true value of financial independence lies in its ability to give you freedom, the freedom to do what you want with your time and not punch a clock...unless you want to.
However, I would disagree about the value of attending college immediately after high school. Many people, i'm afraid, would end up never getting their college degree if they delayed going to college for a few years becus they'd get a taste of how nice it is to earn a steady paycheck. However, the value of college has greater impact on lifelong earnings.
As an aside, i don't consider people like Michael Jackson or Paris Hilton "rich," or anyone i'd want to emulate. One is a self-absorbed gal who is famous for doing nothing and the other is a likely pedophile. Not very good role models.
November 30th, 2006 at 06:09 pm 1164910196
Part I is here, also some excellent points.
November 30th, 2006 at 07:27 pm 1164914876
December 3rd, 2006 at 11:15 pm 1165187727