given the frequent financially-oriented threads we see, some here would find this article of interest:
http://finance.yahoo.com/expert/article/moneyhappy/97121
http://finance.yahoo.com/expert/article/moneyhappy/97121
Four Habits of Financially Peaceful People
- Thread starter queenlives
- Start date
#1 would cause me a lot more stress than peace. Instead of tracking every penny, I'd rather spend that time making more dollars.
I live so far below my income it does not matter. I added it up I live on 2-3% of my income. That will change in time but when it does it will all be paid in cash. House, car, jet, whatever :biggrin:
i hear ya... while we don't track every penny, we don't spend (cough, cough) too carelessly, so don't feel the need to track too closely.
ryan,
good for you! cash is a good thing to have a reserve of.
I agree -- but I do like the idea of putting $200 (or whatever) in a jar, and just spending that down over a week or a pay period. That way you're assured of never breaking your budget by charging things randomly.
You don't need to track every penny; just make sure you don't spend beyond your means (after paying mortgage/rent, bills, taxes, savings, etc.).
True; however, rarely does credit card debt fall into that category.
Ski_Banker
Suspended
Trump said the same thing in 1989. You are a Wharton MBA too, right? Hope so.
Good luck!
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Ski_Banker
Suspended
I know you aren't as smart, but I certainly hope you smell decent since I'm gonna buy your Ferrari out of repo-auction. :biggrin:
already farted on the seat, sorry.
That car needs to go to the crusher ASAP. :biggrin:
Farted not sharted:biggrin:
Love that saying:biggrin:
Ski_Banker
Suspended
That's correct.
Just don't say anything that will hurt anyone's feelings in the process. Even if your statements are in jest, and to prove a point.
I found the article to be confusing and ambiguous. You could live in a monastery or sanitarium as well; but WTF would you go and do that for?
I applied the NSX enthusiast filter plug-in for IE and it read much better:
They know exactly where their money goes.
- Insert favorite go fast crack dealer here - :biggrin:
They know what they want their money to do.
Convert to speed. The problem isn't the currency, it's the exchange rate. :wink:
They either don't carry revolving debt, or have a specific plan to pay it down.
F1 pays its drivers pretty well, right? LOL.
They invest in their job skills, and don't expand their lifestyles as fast as their salaries.
Investing in driving skills is always a sound plan. Some of the best success stories from top tier pro drivers earned their shots in humble, low paying, positions on pit crews. But when that shot comes up; you had better be ready to deliver. I think you have to read between the lines here and really listen to what the article is saying, not telling... to get the gist of the author's intent...
Invest in yourself, go to the track as often as possible... As we all realize anyway- ultimate peace and zen is achieved sitting in the cockpit at grid before a race. :smile:
I applied the NSX enthusiast filter plug-in for IE and it read much better:
They know exactly where their money goes.
- Insert favorite go fast crack dealer here - :biggrin:
They know what they want their money to do.
Convert to speed. The problem isn't the currency, it's the exchange rate. :wink:
They either don't carry revolving debt, or have a specific plan to pay it down.
F1 pays its drivers pretty well, right? LOL.
They invest in their job skills, and don't expand their lifestyles as fast as their salaries.
Investing in driving skills is always a sound plan. Some of the best success stories from top tier pro drivers earned their shots in humble, low paying, positions on pit crews. But when that shot comes up; you had better be ready to deliver. I think you have to read between the lines here and really listen to what the article is saying, not telling... to get the gist of the author's intent...
Invest in yourself, go to the track as often as possible... As we all realize anyway- ultimate peace and zen is achieved sitting in the cockpit at grid before a race. :smile:
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