Comments on: Why I (still) Want To Be Rich Someday http://www.debtkid.com/why-i-still-want-to-be-rich-someday Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 04:28:43 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: James Morgan http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3860 James Morgan Wed, 31 Oct 2007 00:35:18 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3860 Not to split hairs, but Mark Zuckerberg (Facebook) is only 23. :) Anyway, there's no problem with wanting to be rich. Not only can you do more for society as a wealthy individual (no matter what people say), but you can live your life any way you want. Good luck man, I'm rooting for you. Not to split hairs, but Mark Zuckerberg (Facebook) is only 23. :)

Anyway, there’s no problem with wanting to be rich. Not only can you do more for society as a wealthy individual (no matter what people say), but you can live your life any way you want.

Good luck man, I’m rooting for you.

]]> By: Dre http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3859 Dre Tue, 30 Oct 2007 23:59:28 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3859 "We struggle to make ends meet each month, but we get by and stay out of debt, mostly." That is not freedom. “We struggle to make ends meet each month, but we get by and stay out of debt, mostly.”

That is not freedom.

]]> By: JW Thornhill http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3856 JW Thornhill Tue, 30 Oct 2007 17:36:48 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3856 At this point in my life. If we could be debt free I would feel like I'm rich!! At this point in my life. If we could be debt free I would feel like I’m rich!!

]]> By: debt kid http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3853 debt kid Tue, 30 Oct 2007 14:59:39 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3853 Jim, I don't have an emergency fund setup yet. Since I'm right in the process of filing my personal bankruptcy, I can't do it right now. I'm hoping in another month or two, once the BK is filed I may be able to start putting some money back into my Emigrant Direct account as an emergency fund. That would make me feel much better... Jim,

I don’t have an emergency fund setup yet. Since I’m right in the process of filing my personal bankruptcy, I can’t do it right now. I’m hoping in another month or two, once the BK is filed I may be able to start putting some money back into my Emigrant Direct account as an emergency fund.

That would make me feel much better…

]]> By: Jim http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3852 Jim Tue, 30 Oct 2007 14:50:28 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3852 Very few people reach this point quickly. You have a very good work ethic and I think you were forced to use that when the fast track to money failed. Risk and reward is a dangerous game to play, and you played it to a tune of 300k at the age of 24. The only way to catch up is to keep doing what you’re doing and work hard. The road to wealth is reaching the point where you can properly invest your money so that it makes more money than you. Rich is just an image, wealth is an attitude. Wealth doesn't always imply money either. Some people associate it with family, good health, a fulfilled life, you name it. I noticed you put mental health as a reason you want to be rich. Since you have so much debt, do you have a safety net so you don't go deeper in the future? Having an emergency fund is a very good feeling in that if something happens, there's money that can be accessed that isn't regular monthly income. It is a rainy day fund and it is going to rain one day, do you have an umbrella? Very few people reach this point quickly. You have a very good work ethic and I think you were forced to use that when the fast track to money failed. Risk and reward is a dangerous game to play, and you played it to a tune of 300k at the age of 24. The only way to catch up is to keep doing what you’re doing and work hard. The road to wealth is reaching the point where you can properly invest your money so that it makes more money than you. Rich is just an image, wealth is an attitude. Wealth doesn’t always imply money either. Some people associate it with family, good health, a fulfilled life, you name it.

I noticed you put mental health as a reason you want to be rich. Since you have so much debt, do you have a safety net so you don’t go deeper in the future? Having an emergency fund is a very good feeling in that if something happens, there’s money that can be accessed that isn’t regular monthly income. It is a rainy day fund and it is going to rain one day, do you have an umbrella?

]]> By: Vixen http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3851 Vixen Tue, 30 Oct 2007 14:40:41 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3851 Being that I'm right around your age (21), I understand the idea of wanting to be rich. It's what every kid our age has been taught to want since they are young. It's part of the capitalist society we live in. I threw away any sentiments long ago. I have no desire to be rich. I just want to help people and be able to support myself. I'm going for a PhD, but don't plan on ever making three figures. I could pursue that field, but material things won't making me happy. Like you, philanthropy is in my heart. Being that I’m right around your age (21), I understand the idea of wanting to be rich. It’s what every kid our age has been taught to want since they are young. It’s part of the capitalist society we live in.

I threw away any sentiments long ago. I have no desire to be rich. I just want to help people and be able to support myself. I’m going for a PhD, but don’t plan on ever making three figures. I could pursue that field, but material things won’t making me happy. Like you, philanthropy is in my heart.

]]> By: all things good http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3850 all things good Tue, 30 Oct 2007 10:57:36 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3850 What I'm saying is, maybe you should concentrate less on getting rich and more on having a viable long-term budget where you live below your means and slowly accumulate wealth, but live well enough in the meantime. Moderation. What I’m saying is, maybe you should concentrate less on getting rich and more on having a viable long-term budget where you live below your means and slowly accumulate wealth, but live well enough in the meantime. Moderation.

]]> By: all things good http://www.debtkid.com/why-i-still-want-to-be-rich-someday/comment-page-1#comment-3849 all things good Tue, 30 Oct 2007 10:55:09 +0000 http://www.debtkid.com/why-i-still-want-to-be-rich-someday#comment-3849 I don't think you have to be <i>wealthy</i> to do any of those things you mention. You can't be poor--although there are a lot of poor people in the world who DO take care of their mother and give to charities--but WEALTHY isn't necessary. I mean, I do all those things you talk about above--and more, 'cause I got three kids going to private school--and I'm certainly not wealthy. We struggle to make ends meet each month, but we get by and stay out of debt, mostly. Unless you and I have different ideas about what "wealthy" means. I don’t think you have to be wealthy to do any of those things you mention. You can’t be poor–although there are a lot of poor people in the world who DO take care of their mother and give to charities–but WEALTHY isn’t necessary. I mean, I do all those things you talk about above–and more, ’cause I got three kids going to private school–and I’m certainly not wealthy. We struggle to make ends meet each month, but we get by and stay out of debt, mostly.

Unless you and I have different ideas about what “wealthy” means.

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