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Wednesday, November 22, 2006What to do with moneyMy wife and I have discussed this often. Right now, we are concentrating on our family. You have to take care of yourself before you can take care of others. We have a limited number of people that we are going to buy presents for. Next year, it will probably be different and from then on out. Once... Sign in to see full entry.Tuesday, November 21, 2006Here's another good rule that I have heardIf you can't afford it, then you can't afford it. That's pretty straight forward but most people don't abide by it. My wife and I have gotten really good at following this rule. It is actually surprisingly easy to live by once you're out of the habit of charging things. And like I said in an earlier... Sign in to see full entry.Monday, November 20, 2006Crossing the lineIt's going to be a short post today because I have to get ready for my trip tomorrow. I just want to restate that the goal of this plan is to cross the line. To go from paying interest to earning interest. That's one of the reasons the rich get richer and the poor get poorer. For many people, it is... Sign in to see full entry.Sunday, November 19, 2006There is a brothel about 40 miles from hereA friend of mine is coming out here to visit from Minneapolis in January. I was telling him what there is to do out here in the middle of nowhere. Not a whole lot. I told him about Donna's Ranch. I told him that what happens in Wendover stays in Wendover unless you take the evidence home in the form... Sign in to see full entry.Saturday, November 18, 2006Just out of curiousity, I had to check thisI like to look at the options that I have for my money. I think that it helps me keep things in better perspective. I can't make use of all the options yet but I think I make better decisions now based on what could happen in the future. Take for example, our house payment from yesterday. The one... Sign in to see full entry.Friday, November 17, 2006Do people think about it? Do they want to think about it?Let me start off with something that I forgot to do the other day and that's to tell you how the interest has changed on the loan that we are paying off. When we started our plan we were paying $6.68 a day in interest. That really doesn't sound bad until you times it by 365 days. We would have been... Sign in to see full entry.Thursday, November 16, 2006Financial SlaveryIt was pointed out yesterday that I have been talking about financial slavery all along and this is true. What I want to point out to people is that it hasn't happened on accident and that even though people are responsible for their lives, they have been (and still are) being manipulated. I also... Sign in to see full entry.Wednesday, November 15, 2006Getting trapped in the addictionMy wife and I have been doing this plan for 7 months now. Apparently that is long enough to change how we think. That is probably the biggest aspect of this plan is that it changes how you think about money. When you start looking at money, really examining it, and do this plan which is going to put... Sign in to see full entry.Tuesday, November 14, 2006Instant GratificationI have heard these words take such abuse by financial advisors and I really think it's uncalled for. You won't hear that from me. I'm a big fan of instant gratification. A huge fan. When I see something that I want, I want to buy it. I don't want to wait. What's the fun in that? Aren't we working to... Sign in to see full entry.Monday, November 13, 2006Part of the power of this planAs you work this plan, things will change for you rather quickly financially. You will find that you have more cash at your command within months. That's the goal of this plan, to put you in charge of your money. Financial Freedom means that you get to decide where your money goes on a case by case... Sign in to see full entry. |
