Comments on: The Basic Formula of Wealth

By: kenji

kenji — Sat, 18 Jul 2009 04:37:50 +0000

we had to work hard and spend less plus education is also the choice to succeed in this work in order to survive in this world in anyways

By: Femi

Femi — Sat, 09 Feb 2008 15:04:16 +0000

C-Do not be COMPLACENT.Take action and expects a reward. No action will leave you worse off.
S- Save today and enjoy its reward tomorrow.

By: AJ Cartwood

AJ Cartwood — Tue, 05 Feb 2008 21:26:19 +0000

P is for Pinyo’s Goal, every formula needs an ‘answer’ i.e. how much are you striving for?

I guess we could have made this G = Goal

By: Pinyo

Pinyo — Fri, 01 Feb 2008 16:24:29 +0000

Thank you everyone for participating. I think we got all the letters. I will compile the list and publish it later next week.

Don’t hesitate to add more if you can think of any other good ones.

By: Chris

Chris — Thu, 31 Jan 2008 16:01:22 +0000

There are already 26 so I guess there can be no more. Maybe if we us letter combos—
Ch — Change your habits or Save your spare change.
Sh — Shrink your debt
Kn — Know your limits.

cd :O)

By: paidtwice

paidtwice — Thu, 31 Jan 2008 14:13:37 +0000

but if I start with a hole I can have a basement

By: Mrs. Micah

Mrs. Micah — Thu, 31 Jan 2008 03:00:20 +0000

T…T is for Time Value of Money. Start saving now to take advantage!

By: rocketc

rocketc — Thu, 31 Jan 2008 02:27:50 +0000

Q – Question your financial assumptions (is homeownership better than renting? is it better to pay off cards and delay retirement investing? etc.)

By: SingleGuyMoney

SingleGuyMoney — Thu, 31 Jan 2008 01:20:03 +0000

F is for Financial Freedom!!!

By: jim

jim — Thu, 31 Jan 2008 00:03:52 +0000

I jumped to the end.

X – eXamine your exposure to risk, do you have enough insurance? You don’t want one catastrophe to wipe you out.
Y – You can achieve wealth if you set your mind to it and work diligently to achieve your goals.
Z – Zero out your bad debt, it’s hard to build a house if you start with a hole in the ground.