By: Anonymous
It just goes to show, while the principles of proper money management might be difficult for some to live by, there are pretty simple to understand. If you always live below your means, you should...
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Out of the mouth of babes comes some pretty amazing wisdom. My own son once asked me whether I thought it would be a good idea to have a debt / equity indicator on every car which I thought would...
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Heh, smart kid! I think he’ll do well by himself once he leaves the house.
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It’s too bad more adults don’t pay attention to smart financial instincts like your kid does! Hm.. could be he’s a future Warren Buffett in the making?
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I’ve always maintained the philosophy that in order to be good stewards of not only our money but the world’s resources, we should all be buying “normal stuff” and in moderation. The more resources we...
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Cute kid hope fully he won’t feel to much societal pressure to keep up with the Jones’s and upgrade his skate board and lunch box:)
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Really interesting thoughts. It’s good to be reminded of things like this occasionally.
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I’m a multi-millionaire and I constantly think about making money. I don’t really worry about the money I have because its very safe. I hear a lot of statements such as rich people don’t buy new cars,...
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Simple concept yet not so easy to follow for some reason. Glad to see your child gets it 🙂
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That reminds me of a verse from the Bible, which echos that wisdom: Proverbs 13:7: One man pretends to be rich, yet has nothing; another pretends to be poor, yet has great wealth.
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Beware of Envy. The underlying assumption being pushed here is that someone in a nice car can’t afford it or shouldn’t be allowed to have it. Regardless of what you may want to believe, there are...
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Lot’s of truth to this story. Took me two decades to save my first million dollars. Only took me a few years to save the next $2 million. I’m working on $4 million just 2 years later. It helps to have...
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Buying normal stuff is indeed a quite simple way to accumulate wealth. It’s amazing more people can’t just put this into practice and reap the rewards. We have a lot of threads on our forum for ways to...
View ArticleBy: Anonymous
You definitely taught your kids well. As a fairly new parent, I have much to learn. Thanks for sharing this story.
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