I am wondering what the average age a person becomes financially independent now is? ( I would imagine it is alot later now )
As well as when you became financially independent ?
As well as when you became financially independent ?
I am wondering what the average age a person becomes financially independent now is? ( I would imagine it is alot later now )
As well as when you became financially independent ?
Because I am wondering if there is a defining trait that one has over another to be in the job/finiacially independent bracketSome people never do. I don't have many friends who are. Why do you ask?
You will need to define "complete chaos". If all the "goods" or all the "money" you accumulated aren't worth anything anymore because nobody wants them you are as poor as everybody else. Maybe you should exclude complete chaos from this discussion.1) How many people are financially independent meaning that they never ever have to depend on others for money. (Even in the faces of complete chaos ...etc)
What are you? Like 300 years old?When I was born, most everything was hand, or tool; made.
Real Craftsmen back then.
I'm pretty sure that's never possible with absolute certainty. Even bill gates, former richest man in the world, they could have uncovered microsoft of fraud and had the whole company collapse.2) How many people are financially independent meaning that they never ever have to depend on others for money. (Even in the faces of complete chaos ...etc)
for example just because you work a while does not imply that you can support your self for ever.... i.e medical issues , loss of family , ..etc can cause problems
So you are saying assembling cars or cellphones all day long or working in a mine are not boring? There are SO many boring jobs, people only do them to survive.Which even if you could pull off this it would be a boring life sense you would just be doing this stuff to survive and not well .
You can only rely on it as long as it is an accepted medium of exchange.Sense money is assumed to be the thing that you can always rely on if you have it ( a side from good people defeating the independences part of life )
The first things that come to mind are all illegal or at least not welcome in some parts of the world.so I would say what let us restrict to what characteristics you must have to beable to gain money/ alot of it fast or when ever you want?
so I guess then I am asking what traits must you have or the characteristics ofit's just a matter of trying to be as financially secure as feasibly possible
earlier i said financial security, but that was in your reply to financial independence statement, rather than successin your opinion or what makes somebody more successful other then good ideas and determination (plus a little luck)
What are you? Like 300 years old?
There isn't one.. You are either born into it or lucky and small few work HARD to get somewhere and then luck takes them the rest of the way.so I guess then I am asking what traits must you have or the characteristics of
to be the more finiancially sound person?
in your opinon or what makes somebody more successful other then good ideas and determination (plus a little luck)
You need to read "The Millioaire Next Door", by Stanley and Danko.1)
what is the defining factors why one is financially independent and anothers not ?
Is it the ability to communicate well , or confidences , or smartness ,...etc
What defining facts make it so you will always be financially independent.
2) How many people are financially independent meaning that they never ever have to depend on others for money. (Even in the faces of complete chaos ...etc)
for example just because you work a while does not imply that you can support your self for ever.... i.e medical issues , loss of family , ..etc can cause problems
Because I am wondering if there is a defining trait that one has over another to be in the job/finiacially independent bracket
Or at least what you belief is the defining factor to fall into one cateogry or another (aside from medical / health problems )
None.How many happy lottery winners do you know?
I don't personally know any lottery winners of either type, but I have seen more than one documentary on ones whose lives have been ruined. Lotteries have been legal in Michigan since 1972 and in all that time I have not purchased a single ticket. It is hazardous to your wealth.None.
But then, I don't know any unhappy ones either.
Seriously, I agree that many people who come into money suddenly don't handle it well, however. in many cases the reasons they can't handle big money are the same reasons they couldn't handle little money.
so I guess then I am asking what traits must you have or the characteristics of
to be the more finiancially sound person?
in your opinon or what makes somebody more successful other then good ideas and determination (plus a little luck)
That's exactly the answer I was going to give, and the book I was going to quote. I've read it, and am about to start on "The Millionaire Mind."You need to read "The Millioaire Next Door", by Stanley and Danko.
http://www.amazon.com/The-Millionai...098&sr=8-1&keywords=The+millionaire+next+door
A bargain at $9.12
They have common traits
- They live below their means
- They've been married once
- They've bought and lived in the same house long enough to pay off the morgage
- They drive used cars.
- They buy suits off the rack
- They own their own business
by Aaron Carman
by Aaron Carman
by Aaron Carman