Any advice on how to become rich?

[Sol Tee Nutz]

A friend of mine was complaining that he was always short of money.
Each morning restaurant $10.00.
Each day lunch $15.00
End of day paper and Starbucks $ 6.00 Total is $930.00 per/month
You have to learn to spend within your means.
If you know a few people to purchase a rundown house together and fix it yourself flipping is a good money maker.

 

[SamKlemmons]

Forget about making big money. It's a pipe dream.

Want to know your destiny? Look at your parents. You won't do much better.

If they left you with brains (good genes), an education, money or a work ethic, you will make it.

But if they left you spoiled, lazy and unable to control your spending, then you are garbage, and will always be garbage.

The apple never falls far from the tree.

***

Some (very few) have the ability to learn from the lessons of their ancestors. But almost everyone else just repeats the habits they learned early on in life.

 

[Sol Tee Nutz]

wow. For someone who comes across in posts as older and with wisdom you tend to post the most cynical and negative posts I ever see. I feel really badly that you see the world in such a way.

There are MANY people who have come from humble beginnings and made something for themselves and many who are from wealthy, good upbringings and live off their parents laurels and don't have to work hard to succeed or even bother to try.

<shakes head>

Excellent reply.

 

[HornyForEver]

This was ME when I worked in an office downtown!
I always brought food and lunch but I never wanted to stay at the office for the whole day and downtown there is temptation everywhere! If someone invited me for lunch it was like an escape from prison. But between the coffee and random breakfast thing and lunches - it added up over the month

Yes I agree, working downtown tends to be very expensive. Plenty of food courts, coffee shops and as you said it is very tempting to escape the dullness of the windowless space and go outside.

 

[HornyForEver]

A friend of mine was complaining that he was always short of money.
Each morning restaurant $10.00.
Each day lunch $15.00
End of day paper and Starbucks $ 6.00 Total is $930.00 per/month
You have to learn to spend within your means.

That's a good advice and no money comes with hard word, unless you are a drug dealer.

 

[MtlNewbie]

I lost my job in January and finally found one last week. So I still haven't gotten paid but am spending a bit more now. I went out and got my favorite green tea frapuccino, medium sized: $5.30! Seriously even with a job I think $5 for a drink is a bit much.

 

[simonpaul]

I can say to you an advice you are not at good pla ce to receive advice whow to become rich ,here on merb you spent money on girl and after that you think about that.

 

[Halloween Mike]

Sam, your opinion to me mean as much as the opinion of a rapper about metallica... anyway.

Mitsou.. lol you remind me of when i use to take salt and pepper from mcdo, ketchup too. For like 2 years i didn't bough a single salt or pepper box, and not much ketchup too. Ah good first years in appartement when i was younger

Simon, i just figured people who see escorts usually make a lot of money(majority of them) so i could ask them advice

 

[livedit]

I was paying $670/month with the Beamer lease and my monthly payment on the Honda I am leasing now is $250 per month, and it is a new one. Do the math. $420 per month saved = 2 Montreal LDL escorts additional per month. Do I need the luxury car or the extra sex? I decided on the extra sex.

If you're driving a honda civic then what the hell are you looking for high end escorts. Doesn't make sense, unless you're addicted.

 

[EagerBeaver]

If you're driving a honda civic then what the hell are you looking for high end escorts. Doesn't make sense, unless you're addicted.

I am not driving a Honda Civic and I am not addicted. I have been doing this for over 12 years and saved money and have an IRA although it's probably only good for 2 years of retirement, at this time and under my current standards of living. When you are single, life is different and it is easy to save and spend money, but I decided I do not want to spend lots of money on cars even though I can. Although I do get a new car every 3 years. I stay within the warranty and then trade the car in for a new lease. By doing this, I avoid the huge post-warranty repair bills which others like to pay, while getting the same current value on the trade as I would if I owned the vehicle. I went from a lease on a new 2007 BMW 328xi all wheel drive to a lease on a new 2009 Honda Accord and saved $420 per month (plus repair costs because the BMW was 50,000 miles bumper to bumper warranty except gas and tires, and I hit 50,000). That was the point of the post. I am now driving another new Honda.

I also do not see HDH escorts all of the time. I have seen in Montreal in the last 5 years probably 60/40% LDL/HDH. It's called having a budget for escorts and picking one's spots. I see less escorts and book them for longer amounts of time than probably is the average, but the two probably equal out in the end.

 

[Sol Tee Nutz]

EB, if you want to save even more money buy the vehicle and flip it every 3 - 4 years, with warranty remaining. Not sure of the leasing laws in the states but here you do not get very many KM per/year and the extra charges were a lot, plus the extra little items I was charged with ( work truck ) when I tried it. And what post warranty bills? My second car is a 2005 civic and I have no repair bills, cars now are built far better ( I do not buy domestic ) than before and a few have 100,000 km warranties which far exceed the 3 years lease. My accountant did the buy recommendation.
And to livedit ( T ), what difference does it make what kind of car you drive to the type of escort you see? For people like EB who sees a vehicle only as a mode of transportation get something reliable and good on gas.

 

[EagerBeaver]

STN

I did not have the same experience. Prior to the BMW I owned a Subaru Outback which I bought new. I liked that car especially because it was AWD which is important on slippery winter roads in New England. As soon as the car got out of warranty I had a $5,000 repair bill due to the engine cracking. I did some research and learned that Subaru engine heads in that model were prone to cracking and it was a manufacturer's defect. I wrote to Subaru and threatended suit and they agreed to eat 50% of the bill after my threatening letter. I then decided to call it a day both on Subarus and on buying. I decided never again is that going to happen.

You talk about "reliable" but reliability is always a dice roll after a vehicle gets out of warranty. That is why the warranty is for the period it is for, cars statistically will begin to break down after a warranty period. The difference between you and me is you choose to roll the dice on it and I don't, because it is not necessary to do so. You can also go to the Casino and play the slots with your money and I do not choose to do that either.

I also tend to run down my cars and have a lot of mileage, which is why I trade them before the warranty lapses. And since you have never done this, car salesman work off commissions on numbers of deals done, and if you hunt for a good lease they will even eat some of the old lease. When I traded in the BMW after it went over warranty I got Honda to pay the last 4 months of my BMW lease and made more money doing that, then you did on your vaunted flips. You do not understand that car salesman are like mortgage brokers, they need closings to make money, the more the better. People who buy do not make closings happen for them. People who are known to lease, on the other hand, do make closings happen and they are treated with more respect because they make more closings happen. You just keep negotiating. We had a real estate crash in large part because of mortgage brokers and attorneys pushing through mortgages for creditless persons who could not afford the mortgage. The only reason why these closings happened is the mortgage and real estate brokers made a commission and the attorney got a closing fee. Same reasoning applies to car salesman. He will do a bad deal for Honda because he makes money on it. His loyalty is to himself. You not taking advantage of that loyalty means money on lease transactions is being left on the table of Canadian car dealerships in Ottawa or whereever it is that you live.

 

[Sol Tee Nutz]

You can also get a better vehicle price with purchase over lease ( I haggle with the best of them ) plus I purchase when next years lineup arrives, and when I sell there is warranty left so I can get a better resale value. To each his own I guess, I just had a bad experience with my lease.

 

[momento]

I like Sam. I consider myself somewhat of a realist myself. But consider this perspective. Mitsou and Sam basically said the same thing, that it takes money to make money. So it's only natural that people from rich familes will be exposed to more profitable opportunities, plus it costs money to put kids into music lessons, sports, education. Rich kids also have more time to study which equals better grades instead of working 2 or 3 waitressing jobs to put themselves through school. Who is more likely to get an education? A kid from a family of highschool dropouts or one from an educated family? This isn't rocket science.

Nobody is saying that a person from humble beginnings can't make a decent living but top 1%? No way! Rome wasn't built in a day, it takes many generations. It's pretty well known that the world is being controlled by a group of select familes. Sure rich kids are self-entitled and take much longer to mature if ever but who cares, Paris Hilton will never worry about money for the rest of her life.

Being rich is also a mindset. I like the saying Earn like a Prince, Save like Pauper. With easily obtainable lines of credit I'm willing to bet that the majority of the population are actually Earning like Paupers, yet living like Princes!

I knew a doctor back in the day who used to drive around in a Renault 5. My financial advisor has made a lot of money for me and yet drives around in an old clunker. I agree with the poster above, had I known what he was driving I would not have invested my money with him.

 

[momento]

You can also get a better vehicle price with purchase over lease ( I haggle with the best of them ) plus I purchase when next years lineup arrives, and when I sell there is warranty left so I can get a better resale value. To each his own I guess, I just had a bad experience with my lease.

Agreed. Same goes for buying TVs etc.. Best time to buy is when the new models arrive. Back when I was shopping for a new car I even got the dealer to throw in a set of brand new winter tires.

 

[livedit]

. I went from a lease on a new 2007 BMW 328xi all wheel drive to a lease on a new 2009 Honda Accord and saved $420 per month
.

You're acting like you went from driving a ferrari to driving a honda. You drove the cheapest car that bmw had to offer, which is the 328, even wiithin the 3 series class it's the lowest model. And there is no way that you're paying $250 a month for a brand new honda accord.

the honda accord is not that much of a downgrade from the 3 series bmw, the 5 series Yes but not the 3 series, especially not the 328.

 

[EagerBeaver]

You're acting like you went from driving a ferrari to driving a honda. You drove the cheapest car that bmw had to offer, which is the 328, even wiithin the 3 series class it's the lowest model. And there is no way that you're paying $250 a month for a brand new honda accord.

the honda accord is not that much of a downgrade from the 3 series bmw, the 5 series Yes but not the 3 series, especially not the 328.

Dude SO WHAT? Your acting like a fucking idiot who does not get it. The point of the post was lost on you. The point was to pay less on cars, I never said anything about a Ferrari. And you apparently do not understand that monthly lease payments are determined by how much you put down and trade in and it was and is $250 month, so please STFU and stop commenting on things you do not understand and do not get. And by the ways I put the same amount down on both cars.

People who have intelligence and live on a predetermined budget can determine exactly what their monthly payment is on any lease by what they trade in and what they put down. Have you ever even leased a car?

And sorry but reducing a lease payment $420 a month is a substantial downgrade. We are talking about dollars and cents. The point was a downgrade is simple math and -$420 is a substantial downgrade.

 

[livedit]

. And you apparently do not understand that monthly lease payments are determined by how much you put down and trade in and it was and is $250 month

Now you're telling us about a downpayment, so in reality you paid more than 250$ a month for the accord.
Please don't call the 3 series a luxury bmw lol.

I'm on my second lease.

 

[EagerBeaver]

Now you're telling us about a downpayment, so in reality you paid more than 250$ a month for the accord.
Please don't call the 3 series a luxury bmw lol.

I never said the 328 was a "luxury BMW", I said the BMW was a luxury car. It does help to read the posts even when you totally miss the point of them and your main purpose is to troll the thread.

 

[lgna69xxx]

livedit, what was your previous MERB handle b4 you were banned? My $ is on "lovemaker"