Quote:
Originally Posted by GregWeld
Funny Mike!
All of my closest friends have 2nd and or 3rd homes! I have ONE! My net worth is at least 3 times what theirs are (we've all compared) and we have the least expenses. Our income is kinda "fixed" (I fix it) -- and our outflow is totally discretionary... their income is fixed (they all still MUST work) and their outflows are mandatory!
Our way is a lot more fun!
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Yes Sir...I am a small fish in a big pond, or a Big fish in a small pond...Not a high Roller at all, but I am amazed that i know some people that have 4 times the stuff I have...Total assets...But the column i really watch is the NET worth..
What I own.. If I have to hock myself up to my eyeballs to keep up with the Jones, or the Weld's, haha, I just won't do it..
The cool thing is my wife is on the same page...She has become pretty darn smart money wise...If not, we would have a problem.
So , yes, OUR way is much better, because if the economy turns south, It is not MY economy..
I am my own Mini country...I am CEO of Mikey's world..And that is all that counts..
Sure I want more stuff, who doesn't ? But I ain't gonna do it the wrong way..
Then all my talk of investing would be a lie, and peace of mind would go out the window..
Guys like you just inspire me to get to the next level and not just sit back...I got toys on my wish list...