Monday, March 17, 2008

What Do I Know About Money?

I thought I'd write this post today since today is St. Patrick's day and I am really in mood for some green :)
I am talking about MONEY!
So what do I know about money? I know enough to know that if I am not wise with my money, I will lose almost every bit of it. I am constantly learning by reading, I have a bunch of friends who are doing way better than I am doing....so what is it that is causing me money problems....here's what I think:
1. I have given a significant amount of money to my family members. This is money that I may never see again
2. I have a highly luxurious lifestyle. This is something I can rectify!

I am trying to gain a lot of education about $$
$$
I also know the power of compound interest and savings! But I want to open up multiple channels of revenue. I want passive income....I want to make my first million in the next 2 yrs! It's a very bold statement, but I think I can!

I will try to publish my results of this personal study.....as of today, I am completely debt free, I only have Rent + Car Payments + Auto Insurance to worry about. I make a decent salary so that should be a good start to my goal!

I am going to keep this very exciting. Here's a great blog for a good read:
http://www.1stmillionat33.com/


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