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User Info There Are Two Ways To Be 'Rich'; entered at 2017-09-04 10:18:57
Flappingeagle
Posts: 2661
Registered: 2011-04-14
Quote:
But there's a problem with this path -- it takes a hell of lot out of you.


Believe it or not I understood that as a teenager. I knew that if I did not find something that I really, really, liked that anything I got involved in that "takes a hell of lot out of you" would just eat my soul and leave me with nothing.

It took me awhile to find something that decent income that I both enjoyed and was good at but I found it. What I did not do before I found it and got a steady stream of income going was load myself with debt or other obligations. Optionality (cash vs debt) is always the key, then you can have "nice, calm sleep instead of restless nights, dependence and, for far too many people, insanity." AND, if a deal comes along you can take advantage of it.

I try and try to stress that "AND" to my students. No one knows when a "deal" will come along and if you have cash, or if you have to enough cash so that the bank will loan you the rest, then you can take advantage of it.

After all that, I'm starting to shed "stuff", especially the stuff that I have not looked at or used in 10+ years. My friends and I used to joke when we were younger: if there is stuff that you haven't unboxed after two moves you probably should just get rid of it."

Happy non-Labor Day,

Flap
2017-09-04 10:18:57