Comments on: Become Wealthy By Being Invisible

By: Cre

Cre — Sun, 12 Sep 2010 15:51:35 +0000

I say what’s the point of having money when you can’t enjoy all of the things you dream of buying once you have it? When I finish medical school I am going to rent a nice home and save to pay cash for a bigger one that needs a little work and build on that. The used car thing is dead on or even paying cash for a okay car and save on car payments. One more thing that I plan to do is take that money and open some sort of franchise to increase my net worth. My only goal in life is to make between 8-10 thousand dollars (after taxes) and with that kind of income I can be well on my way to what I want with a five year plan. That includes nice home, travel, and college fund for my children.

By: Sean

Sean — Mon, 18 Jan 2010 01:00:14 +0000

Great link, I love the idea behind the article and it’s all so true. Spend less than you earn and set your standard of living below what you make and you will go far. I think a great way to handle some of this is to ignore raises and bonuses. Live below your standard income and set your lifestyle, then as you earn more and get bonuses you can sock it away, it will grow quickly.

By: Jennifer

Jennifer — Sat, 24 Oct 2009 18:45:27 +0000

Thank you for the reminder to keep things more simplistic. I always need encouragement.

By: FB @ FabulouslyBroke.com

FB @ FabulouslyBroke.com — Sat, 24 Oct 2009 13:30:35 +0000

This is 100% true.

And rich people, don’t live like they are rich.

I know that the American Dream (2 cars, 2 kids, private school, kids’ lessons, huge house, trips every year) is unattainable on a salary less than $300,000 a year, if you want to factor in savings and retirement funds.

By: Financial Samurai

Financial Samurai — Sat, 24 Oct 2009 03:05:26 +0000

This is spot on. In some cultures, the richer you are, the poorer you dress and show b/c you don’t want anybody gunning for you.

I try and keep my wealth hidden everyday, taking the bus to work and dressing simply.

It’s the only way to go.

By: Andrew Schrage

Andrew Schrage — Fri, 23 Oct 2009 16:19:28 +0000

Great article…you touch on some very good points. We need to resist our temptations…that’s not to say we can’t go out every once in a while for a nice meal, but we cannot adopt this as a lifestyle at young age when trying to build wealth.