Comments on: How to Become a Millionaire – The Simple Truth http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/ personal finance tips, tricks, and commentary Sat, 21 Nov 2009 22:51:28 -0500 http://wordpress.org/?v=abc hourly 1 By: Colombian Coffee http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-125561 Colombian Coffee Thu, 02 Oct 2008 16:39:58 +0000 http://www.fivecentnickel.com/?p=1781#comment-125561 I've always maintained the philosophy that in order to be good stewards of not only our money but the world's resources, we should all be buying "normal stuff" and in moderation. The more resources we use up, the less there is for others. Economy is based on demand. If we demand less stuff and extravagance and demand more charitable organizations, renewable resources, etc, the world would be a much better place. I’ve always maintained the philosophy that in order to be good stewards of not only our money but the world’s resources, we should all be buying “normal stuff” and in moderation. The more resources we use up, the less there is for others.

Economy is based on demand. If we demand less stuff and extravagance and demand more charitable organizations, renewable resources, etc, the world would be a much better place.

]]> By: Living Within Your Means http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-125045 Living Within Your Means Tue, 30 Sep 2008 00:33:30 +0000 http://www.fivecentnickel.com/?p=1781#comment-125045 It's too bad more adults don't pay attention to smart financial instincts like your kid does! Hm.. could be he's a future Warren Buffett in the making? It’s too bad more adults don’t pay attention to smart financial instincts like your kid does! Hm.. could be he’s a future Warren Buffett in the making?

]]> By: Budgets are Sexy. http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-124879 Budgets are Sexy. Mon, 29 Sep 2008 16:39:38 +0000 http://www.fivecentnickel.com/?p=1781#comment-124879 that is bad a$$. perhaps McCain can use him? that is bad a$$. perhaps McCain can use him?

]]> By: Blaine Moore http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-124840 Blaine Moore Mon, 29 Sep 2008 14:14:11 +0000 http://www.fivecentnickel.com/?p=1781#comment-124840 Heh, smart kid! I think he'll do well by himself once he leaves the house. Heh, smart kid! I think he’ll do well by himself once he leaves the house.

]]> By: Terry http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-124810 Terry Mon, 29 Sep 2008 11:31:04 +0000 http://www.fivecentnickel.com/?p=1781#comment-124810 If I *could* live below my means that would be a miracle. If I *could* live below my means that would be a miracle.

]]> By: Andee Sellman, One Sherpa http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-124809 Andee Sellman, One Sherpa Mon, 29 Sep 2008 11:18:12 +0000 http://www.fivecentnickel.com/?p=1781#comment-124809 Out of the mouth of babes comes some pretty amazing wisdom. My own son once asked me whether I thought it would be a good idea to have a debt / equity indicator on every car which I thought would certainly work out who owned the car rather than who was paying to drive it. But wait there's more... A couple of months later he asked whether there should be a debt / equity indicator on the letterbox of every house in our street to see who really owned the house or who was simply a part owner and paying lots of interest to the bank!!! I guess the moral of the story is to listen to our kids. They can always teach us something if we're prepared to listen!! Out of the mouth of babes comes some pretty amazing wisdom.
My own son once asked me whether I thought it would be a good idea to have a debt / equity indicator on every car which I thought would certainly work out who owned the car rather than who was paying to drive it.
But wait there’s more… A couple of months later he asked whether there should be a debt / equity indicator on the letterbox of every house in our street to see who really owned the house or who was simply a part owner and paying lots of interest to the bank!!!
I guess the moral of the story is to listen to our kids. They can always teach us something if we’re prepared to listen!!

]]> By: RDS http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-124807 RDS Mon, 29 Sep 2008 10:32:50 +0000 http://www.fivecentnickel.com/?p=1781#comment-124807 It just goes to show, while the principles of proper money management might be difficult for some to live by, there are pretty simple to understand. If you always live below your means, you should never need to worry about money. It just goes to show, while the principles of proper money management might be difficult for some to live by, there are pretty simple to understand. If you always live below your means, you should never need to worry about money.

]]> By: Terry http://www.fivecentnickel.com/2008/09/29/how-to-get-rich-become-a-millionaire/comment-page-1/#comment-124806 Terry Mon, 29 Sep 2008 10:23:38 +0000 http://www.fivecentnickel.com/?p=1781#comment-124806 Wow, that is one astute and precocious kid. Wow, that is one astute and precocious kid.

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