Posted on 03/04/2020 8:00:14 AM PST by SeekAndFind
That too.
First, I will say that while I don't consider myself "rich," I earn a nice income and along the way, I've learned how to stay disciplined and manage my money well. I've also stayed married to a wonderful wife who earns more than I do, and we are blessed, financially.
With my job, I may not exert myself physically, but I perform mentally strenuous work that makes me every bit as tired as someone performing more manual labor. It's impossible to go home and NOT think about my job in the evening or on the weekend. People that work for me, whose lives are impacted by my work, do weigh on my mind.
I was not born into wealth; my parents were very blue-collar and financially speaking, we were among the lower middle classes. My parents always hoped that I could go to college, but they had no experience that they could guide me in the right steps.
I spent 6 years in the military, and returned to college. I went after a STEM degree before they were called that. I didn't accumulate a lot of student debt; I didn't knock anyone up; I didn't make any life choices that would put me in a hole so deep that I'd be behind the rest of my life. I never took spring breaks, fall breaks, or even breaks in the summer...I worked my butt off and made sacrifices in order to get my degree.
I do agree that poor choices are made, often repeatedly, by people who can never seem to climb out of their financial holes. They throw good money after bad, they live paycheck to paycheck, and have nothing to show for their work, even late in life.
Heard of that book. I have several pilot friends, and one only sees their wealthiness if you’re at the airport with them. Some have a couple planes, like a Pitts Special and a RV-12. And their hangars — man caves on steroids. Great places to hang out!
It is a very good read. One example is a fellow who owns a dry cleaning business. Drives the same car for 20 years. He is very frugal and ends up very wealthy and no one sees it.
I have seen guys who are dead broke and present themselves to the world as very wealthy guys and the same in reverse.
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