This is the first attempt by a man of means to raise awareness of the value of his assets while not allowing for the inevitable consequences of the situation. My daughter was sitting through a few days of this project when she was told by my son that she was NOT going to get her car because his assets were not being raised by her. I had a few more thoughts and actions that led me to believe that I was doing something wrong.
There are a couple things I’ve really been wanting to learn from the past couple of years.
The first is that Ive been trying to figure out what it means to value something. It seems to me that the amount of money you have is relative to the value of your other assets. So for instance, if I have a small amount of money and a large amount of other assets, I will spend more on the other assets than I would on the tiny amount of money.
This is what the concept of “net worth” is supposed to do. The whole idea is that you value your net worth relative to other people’s net worth. It’s a way of thinking about your money that is different than the way most people think about their money.
The concept of net worth is important to people because it helps us be realistic about whether we can save enough money to do something like buy a new car. If you only have 300,000 in the bank, you don’t know what you are going to do with it.
Many of our friends who are wealthy are also very generous. There are thousands of people who have given money to charities, but only a few thousand who have given money to other people. If you don’t have a lot of money invested (like just a few thousand dollars) you really don’t know what to do with it. If you have lots of money, you know what you are going to do with it.
That is exactly the problem with investing your life savings in your home. You cant invest your life savings in buying a home. You don’t know what you are going to do with your money. So it’s important to recognize when you have lots of money and are considering buying a home. This is a mistake most people make.
One of the reasons I am so interested in this subject is because I know a lot of great people who have made money investing their life savings in homes. I am not sure how often I have to tell you this, but that is an extremely bad idea. You can make a lot of money doing this. If you are young, you are going to make a lot more money than you think.
The problem comes when you take your money and invest it in real estate without considering what you will lose in the process. What happens when you buy a home? You get to sell the home. What happens if you buy a home and don’t sell it? You are still spending money you didn’t have. That is a very, very bad idea.
Well, if you do invest your money, it can be a much better idea to do it in a real estate way. The reason being that the only way you are going to make much money is if you buy and sell real estates. And the only way that can happen is if you wait to buy and sell real estate until you are ready. That is because real estate is such an easy way to make a lot more money.