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How Wealthy Are You?


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#46 Curley

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Posted 19 July 2019 - 02:38 PM

...They also seem to feel that saved money is wasted money.  It is money that they should have got their hands on, because they know best how to squander it.

 

Economics is the political misunderstanding of commerce.

 

They'll be coming after physical cash soon enough, much easier to debase fiat if you can't hide it from them!



#47 ClassicAsh

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Posted Yesterday, 03:21 AM

I would say that I am not well off but through hard work and even more good luck and a fantastic partner/wife.I am pretty comfortable. I am not the brightest person in the world but have common sense, lucky enough to get on the property ladder at 21, bought and sold a few houses over the years and luck played a part in moving on up the ladder with house prices climbing, at 28 decided to start my own business in engineering (background in fabrication and welding and hydraulics etc)had this for 8 years then sold it to my best customer in 2008, that's was very good timing with the credit crunch etc, about the same time as this started a family and due to the business sale was lucky enough to spend time at home with them and watch them growing up. while all this is going on my partner qualified as an accountant and worked her way up the ladder through hard work and determination. Nothing wrong with borrowing money as long as you can afford the credit and its for the right thing. I borrowed to start the business and to finance machines etc. nothing wrong with finance as long as its used right. so hard work, a fantastic supporting partner but most of all good luck... not bad going really as in my last day of school my class teacher predicted I would be a dosser on street corners and in prison before I was 20 !

#48 DeadSquare

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Posted Yesterday, 08:26 AM

I would say that I am not well off but through hard work and even more good luck and a fantastic partner/wife.I am pretty comfortable. I am not the brightest person in the world but have common sense, lucky enough to get on the property ladder at 21, bought and sold a few houses over the years and luck played a part in moving on up the ladder with house prices climbing, at 28 decided to start my own business in engineering (background in fabrication and welding and hydraulics etc)had this for 8 years then sold it to my best customer in 2008, that's was very good timing with the credit crunch etc, about the same time as this started a family and due to the business sale was lucky enough to spend time at home with them and watch them growing up,  while all this is going on my partner qualified as an accountant and worked her way up the ladder through hard work and determination. Nothing wrong with borrowing money as long as you can afford the credit and its for the right thing. I borrowed to start the business and to finance machines etc. nothing wrong with finance as long as its used right. so hard work, a fantastic supporting partner but most of all good luck... not bad going really as in my last day of school my class teacher predicted I would be a dosser on street corners and in prison before I was 20 !

 

I was 35 when I married, mature enough to realise that, as you say, "Spending time with children and watching them grow up" was something that money can't buy.

 

I wouldn't say that I'm lucky, but I have been fortunate, which I try not to take for granted and enjoy sharing.






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