Another excellent book: The Richest Man In Babylon - old, and quite slender, but well worth it.
On Mon, Jan 12, 2009 at 12:25 PM, Roger Wright <[email protected]> wrote: > One of the most insightful books I've ever read: > > "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko > > Highly Recommended! It clearly explains the difference between consumption > and wealth. > > http://preview.tinyurl.com/85pj5a > > > > Roger Wright > Network Administrator > Evatone, Inc. > 727.572.7076 x388 > _____ > > > From: Roger Wright [mailto:[email protected]] > Sent: Monday, January 12, 2009 2:55 PM > To: NT System Admin Issues > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED) > > "For taxes, you do get to deduct the interest on your mortgage...if you pay > off your house, you lose that deduction" > > I'd much rather have the money in my pocket than a tax deduction any day! > > My wife and I paid off the remaining 17 years of the mortgage we assumed in > just over 10 years simply by paying an extra $100/month. We've been mortgage > free for about 7 years now. What a relief to have no mortgage payments! > Our cars are both paid for – one is a '97, the other is an '02. > > Living expenses (food, clothing, utilities, medical), insurance and taxes are > all that's left. This leaves enough for charitable contributions, savings, > and assisting family members as needed. And we charge everything we can to > American Express so usually have only 3-4 monthly checks to write. > > Debt – who needs it?!?! > > > > Roger Wright > Network Administrator > Evatone, Inc. > 727.572.7076 x388 > _____ > > From: David Mazzaccaro [mailto:[email protected]] > Sent: Monday, January 12, 2009 2:28 PM > To: NT System Admin Issues > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED) > > Some debt is good debt. > For taxes, you do get to deduct the interest on your mortgage...if you pay > off your house, you lose that deduction. > Additionally, you now have hundreds of thousands of dollars sitting idle in > your house that you can do nothing with (until you sell it). > > > > ________________________________________ > From: Webster [mailto:[email protected]] > Sent: Monday, January 12, 2009 1:59 PM > To: NT System Admin Issues > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED) > Yes. But we moved to TN back in August and have a mortgage again. ☹ I am > working on paying it off as fast as possible. > > > Webster > > From: Jacob [mailto:[email protected]] > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED) > > Wow.. did that include the mortgage? > > From: Webster [mailto:[email protected]] > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED) > > +6 for Dave Ramsey. Paid off $197,000 in debt in 4.5 yrs. > > > Webster > > From: David Lum [mailto:[email protected]] > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED) > > +1 times ten! > > We'll spend thousands sending out kids to college but never teach them the > basics of money and not using credit for anything but a house. My parents > didn't teach me that, it took me over 40 years (until Feb of last year) to > really "get it" (thank you Dave Ramsey). Funny the things we think we *need* > to have. Pretty sure 99% of these items our ancestors got along just fine > without. > > Veering nearer to back on topic, adding the need for several thousand IT jobs > can't be a bad thing, but I am interested in hearing from IT guys in the > healthcare industry what obstacles need to be overcome. It's one thing to say > "digitize healthcare records", another entire to pull it off - there must be > dozens of little "gotcha's". > David Lum // SYSTEMS ENGINEER > NORTHWEST EVALUATION ASSOCIATION > (Desk) 971.222.1025 // (Cell) 503.267.9764 > > > > > > > > > > > > > > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
