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Ah yea I agree. Making $$ is great, and I'm all for that. But if you ever feel you're living a miserable life to do it and have to do it for many years, well you're probably not doing something right. Like the last poster, I'm all for living life now and investing for the future.

Could be a Maserati in debt

Agreed. I dislike the holier-than-thou attitude too. If you can afford it you should definitely indulge yourself in it be it cars or holidays. First of all, we only live once. So if you've made it, go out and have some fun. Secondly, people don't rich off the back of living frugally...

My father always said and still says, it's ok to spend money as long as you know how to make money. What amuses me are people who take on massive debts to buy a luxury car. If you can't afford it, don't buy it.

Thanks MIW That's right you're absolutely correct. A pretty senior colleague who was presumably on a pretty good wicket (was the global head of a division) had an accident around a month ago, and he'll be incapacitated from working for life. I hear he has some young kids. I'm not sure if...

Just timing and having a go. I saved up most of my salary all these years (probably in excess of 95% since I was living at home). Also was a time when I did some side stuff that made good money (saved up all 100% of that). Hit some massive booms on the share market and came across several...

I think there's truth to what you say. My point was probably misunderstood. I guess what I meant was I'd like to find a venture where there is minimal ongoing time spent maintaining it, and it pulls in big bucks. Though I don't discount the effort to set such a venture up. Is it possible to...

Well my idea of business is ideally one that makes the same money with minimal effort, or one with similar effort but makes a lot more. Or the third choice. Which is to live off just the passive income component and do some low-cost ventures that could afford to fail.

Haha you wish. Here's a flavour of some 9am-5pm jobs that are $250k+. http://www.smh.com.au/business/jailed-young-sydney-hot-shots--19m-meltdown-in-a-plastic--world-20101202-18i92.html Though I don't plan to end up on frontlines for same reasons like Mr. Hartman. If you read the SMH...

With minimal living expenses it's not hard to quit your job. That said you'll have to do something productive with your time because with only $150/week net cashflow coming in, you won't be able to live off it. If you don't achieve anything for a few years after you quit, you've basically...