Comments on: Confessions Of A Millionaire Part 3 ~ Drip Drip Drip http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/ ...be your own bailout Sun, 30 Oct 2011 02:14:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: sandhillsis http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-2763 sandhillsis Wed, 23 Dec 2009 17:28:30 +0000 http://reclaimsimplicity.com/?p=1820#comment-2763 Wolf ~ I think your love of simple life/things is great. I agree above faith, health and family little else matters. Regardless, being a good steward with whatever you have and planning for the future is important. So we will continue to pay ourselves first instead of with 'what's leftover' even if you think it's retarded. :) Thanks for stopping and sharing your thoughts. Sis Wolf ~ I think your love of simple life/things is great. I agree above faith, health and family little else matters. Regardless, being a good steward with whatever you have and planning for the future is important. So we will continue to pay ourselves first instead of with ‘what’s leftover’ even if you think it’s retarded. :)

Thanks for stopping and sharing your thoughts.
Sis

]]> By: wolf http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-2749 wolf Tue, 22 Dec 2009 22:29:10 +0000 http://reclaimsimplicity.com/?p=1820#comment-2749 This is retarded. You seem to forget about taxes, interest, deflation, cost of living, and unforeseeable future. Not to mention the market fluctuation and economic downturns. What matters is what your doing for an occupation, how much you can put aside and for WHAT? make strong investments and start taking high risks alot younger then age 22. Yes money does not buy happiness. it buys things. and things set you back. so you need more money to pay for them. besides, you never know when your going to die. enjoy what you have and be smart with what you have left over. and research research research your investments. IF you decide to invest. its the small things that count. a bed to sleep in and food in the fridge, everything else is bonus. most people don't even have that! This is retarded.
You seem to forget about taxes, interest, deflation, cost of living, and unforeseeable future. Not to mention the market fluctuation and economic downturns.
What matters is what your doing for an occupation, how much you can put aside and for WHAT? make strong investments and start taking high risks alot younger then age 22.
Yes money does not buy happiness. it buys things. and things set you back. so you need more money to pay for them. besides, you never know when your going to die. enjoy what you have and be smart with what you have left over.
and research research research your investments. IF you decide to invest.
its the small things that count. a bed to sleep in and food in the fridge, everything else is bonus. most people don’t even have that!

]]> By: TTTTTTTT http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-2134 TTTTTTTT Sun, 15 Nov 2009 14:37:11 +0000 http://reclaimsimplicity.com/?p=1820#comment-2134 Marlin did not lose 60% 2 years ago he took it all out the market because he doesn't trust government. Marlin paid everything he owns off including his houses and businesses. marlin has been slowly walking money back in to the markets and is up for the year and still debt free. marlin still saves aprox . 25 % of his net take home pay. The most important lesson is constant savings and realize money won't make ya happy . it will however buy some killer banjos ! Marlin did not lose 60% 2 years ago he took it all out the market because he doesn’t trust government. Marlin paid everything he owns off including his houses and businesses. marlin has been slowly walking money back in to the markets and is up for the year and still debt free. marlin still saves aprox . 25 % of his net take home pay. The most important lesson is constant savings and realize money won’t make ya happy . it will however buy some killer banjos !

]]> By: April http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-2009 April Fri, 13 Nov 2009 02:03:38 +0000 http://reclaimsimplicity.com/?p=1820#comment-2009 Thanks!! That really encouraged me! Thanks!! That really encouraged me!

]]> By: sandhillsis http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-1999 sandhillsis Thu, 12 Nov 2009 13:36:07 +0000 http://reclaimsimplicity.com/?p=1820#comment-1999 H.Mommie--the important thing is...you start. Since you're young, TIME is on your side. Connie--Now that's a bunch a bull! :) You're comment left me laughing out loud. Patti--That is a big deal isn't it? My mom and inlaws are in the same boat. At least the stock market is coming back. Until then stuff is on sale. But the downside is retirement dates are getting moved back. I have a friend who is doing retirement in three waves, retirement from where she works, when that is gone, the Roth IRA she started at 65, when that is gone she'll sell her home and live off the equity. I like her plan it gives her TIME, which makes money grow and houses build equity. (Hopefully.) April--We are in the same boat. Dave didn't say it would be easy. Keep in mind while others drive and eat out on their retirement dollars, you are building wealth with yours. It's the slow and steady plodders that win the race of life. :) I think you are doing great. Someday when your kids are older, you will be able to add to your income if you choose to. Seasons of life really don't last that long. Good for you for focusing on your family, now while they are around you. God will provide. Sister Thanks for your voices here, ladies. Love. Sis H.Mommie–the important thing is…you start. Since you’re young, TIME is on your side.

Connie–Now that’s a bunch a bull! :) You’re comment left me laughing out loud.

Patti–That is a big deal isn’t it? My mom and inlaws are in the same boat. At least the stock market is coming back. Until then stuff is on sale. But the downside is retirement dates are getting moved back. I have a friend who is doing retirement in three waves, retirement from where she works, when that is gone, the Roth IRA she started at 65, when that is gone she’ll sell her home and live off the equity. I like her plan it gives her TIME, which makes money grow and houses build equity. (Hopefully.)

April–We are in the same boat. Dave didn’t say it would be easy. Keep in mind while others drive and eat out on their retirement dollars, you are building wealth with yours. It’s the slow and steady plodders that win the race of life. :) I think you are doing great. Someday when your kids are older, you will be able to add to your income if you choose to. Seasons of life really don’t last that long. Good for you for focusing on your family, now while they are around you. God will provide. Sister

Thanks for your voices here, ladies. Love. Sis

]]> By: April http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-1998 April Thu, 12 Nov 2009 13:20:01 +0000 http://reclaimsimplicity.com/?p=1820#comment-1998 We took Financial Peace in 2005 and are debt free, saved enough for a new to us vehicle, and now put 15% into Roths. It seems like it is choking us to put 15%, though. I stay at home, so we put 15% of my husbands income and we both each have seperate IRA's... Why does it feel so tight on the budget? We took Financial Peace in 2005 and are debt free, saved enough for a new to us vehicle, and now put 15% into Roths. It seems like it is choking us to put 15%, though. I stay at home, so we put 15% of my husbands income and we both each have seperate IRA’s… Why does it feel so tight on the budget?

]]> By: Patti http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-1971 Patti Mon, 09 Nov 2009 04:37:18 +0000 http://reclaimsimplicity.com/?p=1820#comment-1971 you forgot to put in what happened when they lost 60% of their retirement savings 2 years ago. :( you forgot to put in what happened when they lost 60% of their retirement savings 2 years ago. :(

]]> By: Connie http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-1934 Connie Tue, 03 Nov 2009 04:42:08 +0000 http://reclaimsimplicity.com/?p=1820#comment-1934 I'm fairly certain that my "proverbial cow" is just a bull dribbling in the sand......LOL BUT I do have hope!! Love ya Sis!!! I’m fairly certain that my “proverbial cow” is just a bull dribbling in the sand……LOL BUT I do have hope!! Love ya Sis!!!

]]> By: Homestead Mommy http://reclaimsimplicity.com/2009/11/confessions-of-a-millionaire-part-3-drip-drip-drip/comment-page-1/#comment-1933 Homestead Mommy Tue, 03 Nov 2009 02:55:48 +0000 http://reclaimsimplicity.com/?p=1820#comment-1933 WOW it makes me sick to think that I am theoretically that far behind. I may need to open my faucet a little wider! WOW it makes me sick to think that I am theoretically that far behind. I may need to open my faucet a little wider!

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