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Started By
Message
re: Your posessions will possess you
Posted on 6/3/18 at 3:34 pm to Mud_Till_May
Posted on 6/3/18 at 3:34 pm to Mud_Till_May
I’m almost there!!!
0
Posted on 6/3/18 at 3:57 pm to Mud_Till_May
quote:
No, Its a personal decision. Its from clarity. Im sheding all the dead weight.
So what are your plans afterwards?
Posted on 6/3/18 at 3:59 pm to Mud_Till_May
Real rich people buy appreciating assets (real estate to rent, apartment buildings, etc) before they buy any depreciating liability (sports car, yacht, etc). The steady stream of income also buys rich people time to do what they want, when they want.
Whereas, poor people sell their time to a boss to earn some money, then when they get somewhat of a stash, buy depreciating liabilities to treat themselves cuz they've "worked so hard for it." Even poorer people charge on credit for liabilities before they even have a stash, rather just based on a steady but ephemeral paycheck.
Side note: George Carlin has a famous bit on our obsession with accumulating "stuff". Hilarious. Makes an indirect case on why being a "minimalist" may have some benefits, especially when moving.
Whereas, poor people sell their time to a boss to earn some money, then when they get somewhat of a stash, buy depreciating liabilities to treat themselves cuz they've "worked so hard for it." Even poorer people charge on credit for liabilities before they even have a stash, rather just based on a steady but ephemeral paycheck.
Side note: George Carlin has a famous bit on our obsession with accumulating "stuff". Hilarious. Makes an indirect case on why being a "minimalist" may have some benefits, especially when moving.
This post was edited on 6/3/18 at 4:00 pm
Posted on 6/3/18 at 4:02 pm to LSUFreek
quote:
The steady stream of income also buys rich people time to do what they want, when they want.
quote:
LSUFreek
You are spot on.
Posted on 6/3/18 at 4:11 pm to Mud_Till_May
The person telling you this shite is usually willing to stop them from controlling you by taking on the burden himself at no cost.
Posted on 6/3/18 at 4:11 pm to Mud_Till_May
I wish you luck. But having "stuff" and having debt are not necessarily the same thing. The key is to have debt free stuff that adds value to your life and asset generating "stuff" that increases your financial freedom.
Posted on 6/3/18 at 4:12 pm to Mud_Till_May
quote:
I am in the process of liquidating all of my posessions.
quote:
I've become sober
Usually these 2 things don't go hand in hand
Posted on 6/3/18 at 4:18 pm to Mud_Till_May
quote:
I am in the process of liquidating all of my posessions.
My dad lives sort of like this
He's actually reasonably well off but lives in a condo that he rents. He owns several rental properties but has a company that manages them. He has no TV, a couple of bowls, cups, utensils, etc, a computer, a recliner and a bed.
He reads, exercises and travels all over the world most of the time
This post was edited on 6/3/18 at 6:31 pm
Posted on 6/3/18 at 5:12 pm to fallguy_1978
quote:
He reads, exercises and travels all over the world most of the time
sounds good to me
I’m getting there
Posted on 6/3/18 at 5:13 pm to Mud_Till_May
You need to be a Buddhist.
All humans suffer because of their possessions
All humans suffer because of their possessions
This post was edited on 6/3/18 at 5:14 pm
Posted on 6/3/18 at 6:10 pm to StupidBinder
quote:
o what are your plans afterwards?
To learn and build new skills. Focus on my health and the liabilites that I owe there.
Posted on 6/3/18 at 6:13 pm to High C
quote:
Don't you wake up to a bowl?
A bowl of Corn Pops.
Posted on 6/3/18 at 6:13 pm to Lsupimp
Lsupimp....you’re a pretty deep baw.
Posted on 6/3/18 at 6:15 pm to Mud_Till_May
There’s some truth to this.
Katrina destroyed a lot of my shite, and after getting over the initial shock I found it was a liberating experience.
The problem is it takes something forcibly removing your possessions, because people get, well, possessive.
Katrina destroyed a lot of my shite, and after getting over the initial shock I found it was a liberating experience.
The problem is it takes something forcibly removing your possessions, because people get, well, possessive.
Posted on 6/3/18 at 6:15 pm to Mud_Till_May
quote:
To learn and build new skills. Focus on my health and the liabilites that I owe there.
I can dig it. Good luck
Posted on 6/3/18 at 7:23 pm to Mud_Till_May
quote:
learn and build new skills
You talking, like, ninja skills or something?
Posted on 6/3/18 at 7:53 pm to Mud_Till_May
drug r bad
Posted on 6/3/18 at 8:08 pm to Mud_Till_May
Why is it you equate having things to debt? I have a few toys. No debt. I use them when I feel like it.
I don’t get this thread. What he frick else am I to do in life?
Like, why even work baw? Don’t be a slave to work.
I don’t get this thread. What he frick else am I to do in life?
Like, why even work baw? Don’t be a slave to work.
Posted on 6/3/18 at 8:16 pm to Mud_Till_May
Sorry you hate capitalism you commie.
Posted on 6/3/18 at 8:18 pm to GeauxDoc
quote:
But having "stuff" and having debt are not necessarily the same thing. The key is to have debt free stuff that adds value to your life and asset generating "stuff" that increases your financial freedom.
I have a garage full of "assets" that are just collecting dust. Having to maintain these assets have become a liability on my time.
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