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    17% of people don't have $500 saved

    Haha, And to move further off topic... “The person that you will spend the most time with in your life is yourself, so you better try to make yourself as interesting as possible”. “All men dream: but not equally. Those who dream by night in the dusty recesses of their mind wake in the...
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    17% of people don't have $500 saved

    Was than Henry Ford? I thought it was Rocky Balboa :P Ok so I watched all 6 films this week with my housemate. I should plot his insights over the six movies, he goes from dumb, to INCREDIBLY insightful, though in Rocky V he seems to relapse to dumbass for about half the film, oh and his kid...
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    17% of people don't have $500 saved

    Haha, I've always been more partial to: "There is no such thing as failure or being a failure. To fail only means to achieve a result you did not desire; but nevertheless, so-called failure gives us beneficial information; information we can use to arrive at the result or goal we...
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    17% of people don't have $500 saved

    As Plato put it “good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws” No matter what the law, not everyone is motivated the same way. I personally see it as a social responsibility to help those who genuinely struggle, yet there are...
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    17% of people don't have $500 saved

    Also been there, the firs time a tenant fell behind, I felt like I should help and gave them a hand (gave them a $100 grocery store gift card to feed their family). Then they did it again, and again and ... I fell behind a week on my own rent, never again, I cracked down on them so hard.
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    17% of people don't have $500 saved

    I wish I knew their secret :P I have on more than one occasion had eg. $15k outgoings due on Friday, and $20k coming into my account the following Monday. Doesn't really help does it. I can definitely say, I am fortunate to have learnt where to find the required $500+ in case of an...
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    17% of people don't have $500 saved

    Interesting observation. Of the few people who know I dabble in property/shares, a lot ask how to do it. Ive stopped explaining now and simply say, "sure, would love to talk about it, give me a call and we can chat over coffee". Of the dozen or so only 2 ever called. The realization some...
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    17% of people don't have $500 saved

    I personally have needed $500 to help me get through the month a number of times, poor cash flow predictions on my part, it happens. Yet I learnt very early on however it wasn’t going to come from my parents; it is less of a hassle to sell a kidney than to borrow money for a week from them...
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    17% of people don't have $500 saved

    From experience... walk away. You end up frustrated and they will be resentful you keep hassling them. You can only help those who want to help themselves.
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    17% of people don't have $500 saved

    That was my issue. I could never break the $40k savings mark for years. All the money I started with when I bought my first place last year I saved at subway, very little of my engineering money was in that. Now I'm comfortable with $1-2M projects. If someone gave me $20M right now, I...
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    17% of people don't have $500 saved

    That scenario fits a lot of people. In fact there is a whole class of people out there stuck in a ‘working-poor’ scenario. They do work and stay off the dole, however they can’t get out of the cycle. Yet there is a mindset out there where people cannot grasp the concept of...
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