To: the_devils_advocate_666
The ability to borrow money can be a great tool but it’s not a great financial move in general. Live below your means. That’s the only way to get rich.
20 posted on
08/21/2007 1:10:13 PM PDT by
Jaysun
(It's outlandishly inappropriate to suggest that I'm wrong.)
To: Jaysun
Yes, but you want to be in a position to do so when you need to.
24 posted on
08/21/2007 1:11:19 PM PDT by
RockinRight
(Fred Thompson once set fire to a crowd of liberals simply by puffing his cigar and staring real hard)
To: Jaysun
Live below your means. That’s the only way to get rich. Amen.
For more on this I recommend the 1996 bestseller, The Millionaire Next Door, which points out that most American millionaires are not ultra-high earners; rather, most are ordinary Americans with unremarkable lifestyles, who simply live way beneath their means, and save the difference.
115 posted on
08/21/2007 1:43:48 PM PDT by
AmericanExceptionalist
(Democrats believe in discussing the full spectrum of ideas, all the way from far left to center-left)
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