Comments on: Teach Your Kids to Make Money with Money

By: Mikael

Mikael — Wed, 12 Aug 2009 16:11:06 +0000

Hi Lance, I think we will start to see some very strong competition from China in the near future and I don’t think it is a matter of “if”, but rather “when”, so we might as well prepare for it.

By: lance

lance — Wed, 29 Jul 2009 05:35:31 +0000

Teaching the kids how to get money is Chinese values. We are lucky that they are strict with internet law, otherwise we have big competitors .-= lance´s last blog ..Outbound Call Center =-.

By: Mikael

Mikael — Sat, 25 Jul 2009 15:36:55 +0000

Absolutely. I do however think that is more a matter of “playing with words” but I know what you mean

Also a great topic for a future post.

By: Sire

Sire — Sat, 25 Jul 2009 14:48:46 +0000

Ah, yes that is true, but then one may want to define riches. For one person it may be a whole lot of money, for someone else it could be something entirely different. Once one defined the difference between the two, all that remains is the realization as to which of the two is happier with what he has got.
.-= Sire´s last blog ..Aussie Powerball Jackpots To $80 Million =-.

By: Mikael

Mikael — Sat, 25 Jul 2009 14:20:20 +0000

And that is great. It all depends on what it is that you want. Nothing is right or wrong (unless you complain then it is wrong)

Since this blog is about retiring rich I will therefore talk about following a different philosophy but I will never state what is “right” or “wrong”. That is for the individual to decide as long as they are not expecting an outcome that is different than the philosophy they live by.

By: Sire

Sire — Sat, 25 Jul 2009 08:38:57 +0000

Nope, but they are very comfortable. They have enough resources to buy what they need without asking for handouts and they are very content with their life. Can't ask for much more than that. .-= Sire´s last blog ..Aussie Powerball Jackpots To $80 Million =-.

By: Mikael

Mikael — Fri, 24 Jul 2009 15:38:03 +0000

Oh… Then I guess we disagree about what “good” is.

I am not saying that you can’t follow that strategy and live a great life but I have yet to find someone following that strategy living an abundant life. Are your parents very rich? (if you don’t mind me asking)

By: Sire

Sire — Fri, 24 Jul 2009 15:33:22 +0000

Ah, but I meant it as a good thing. It's because of what they taught me that I am where I am today. I own my own home and have a profitable business. The only reason I am not at the stage where I could retire is because of some bad decisions on my part. .-= Sire´s last blog ..Word Of Mouth, A Bloggers Most Effective Marketing Technique =-.

By: Mikael

Mikael — Fri, 24 Jul 2009 15:05:51 +0000

Hi Sire,

I know how that feels like. My parents taught me the same thing. But again we must remember that they didn’t know any better.

By: Sire

Sire — Fri, 24 Jul 2009 12:38:58 +0000

My parents always taught me that one of the best ways to make money was to save as much as possible, by only buying what you need and to shop around for the best price. I can still see my dad in action bargaining with shop keepers and always getting a good deal. He also taught us how to invest, and how it was better to own a home rather than rent one. .-= Sire´s last blog ..Aussie Powerball Jackpots To $80 Million =-.