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  • How To Make a Million

    From 26yh.0712@21:1/5 to All on Sun Jul 21 02:34:16 2024
    XPost: talk.politics.misc, alt.politics.usa

    https://www.dailymail.co.uk/news/article-13655089/Finance-guru-David-Ramsey-reveals-steps-make-1M.html

    . . .

    Look, my very wise old Granny, who raised seven
    kids during The Depression, said it plain and
    simple - "Spend a little less than you earn and
    everything will be OK".

    She also advised to never buy on credit what
    you cannot buy outright with cash.

    Olde-tyme smarts.

    But modern America ... tends to spend 50-100%
    more than it earns so it can look all posh
    and impressive. FLASH those dozen credit-cards
    in everyone's faces ! LIVE in that million
    dollar house on an $60,000 salary ! DRIVE
    that luxury sports car to the envy of others !

    Destination = RUIN.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From John Doe@21:1/5 to All on Sun Jul 21 17:05:06 2024
    XPost: talk.politics.misc, alt.politics.usa

    On 7/21/2024 12:34 AM, 26yh.0712 wrote:
    https://www.dailymail.co.uk/news/article-13655089/Finance-guru-David-Ramsey-reveals-steps-make-1M.html

    . . .

      Look, my very wise old Granny, who raised seven
      kids during The Depression, said it plain and
      simple - "Spend a little less than you earn and
      everything will be OK".

      She also advised to never buy on credit what
      you cannot buy outright with cash.

      Olde-tyme smarts.

      But modern America ... tends to spend 50-100%
      more than it earns so it can look all posh
      and impressive. FLASH those dozen credit-cards
      in everyone's faces ! LIVE in that million
      dollar house on an $60,000 salary ! DRIVE
      that luxury sports car to the envy of others !

      Destination = RUIN.

    Exactly. I see people who don't understand this complaining about people
    with relatively typical means, like public servants or auto workers who
    in their seventies are millionaires.

    The power of regular savings and compound interest can make virtually
    any average person with self-restraint into a millionaire.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)