Comments on: Cash flow diagrams for the poor, the middle class, and the investor class http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity Fri, 22 Aug 2008 02:54:26 +0000 http://wordpress.org/?v=2.6.1 By: AJC @ 7million7years http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-1012 AJC @ 7million7years Wed, 16 Apr 2008 21:44:22 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-1012 Love the diagrams! Somewhere here, we need to add that you also need a goal: 'frugalists' can live by (or close to) the assets-funding-their-stuff model simply by living cheap. Hobos, do it by abstaining, altogether - supplanted by a bit of scrounging, stealing, and/or begging as fits their personality. I live off the last diagram @ $250k+ p.a. ... it's different for everybody. I guess we need a way to 'know' when to hop off the second last diagram to the last ... Love the diagrams!

Somewhere here, we need to add that you also need a goal: ‘frugalists’ can live by (or close to) the assets-funding-their-stuff model simply by living cheap. Hobos, do it by abstaining, altogether - supplanted by a bit of scrounging, stealing, and/or begging as fits their personality. I live off the last diagram @ $250k+ p.a. … it’s different for everybody.

I guess we need a way to ‘know’ when to hop off the second last diagram to the last …

]]> By: Steve Austin http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-792 Steve Austin Tue, 18 Mar 2008 16:12:36 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-792 McDougal, what's a "real fortune", and how much is a windfall? McDougal, what’s a “real fortune”, and how much is a windfall?

]]> By: Mike McDougal http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-788 Mike McDougal Tue, 18 Mar 2008 06:17:22 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-788 "There are two kinds of people in this world - those who pay interest and those who make interest." That, of course, obscures the very real existence of people who do both. Few real fortunes were made without incurring debt or receiving a windfall. “There are two kinds of people in this world - those who pay interest and those who make interest.”

That, of course, obscures the very real existence of people who do both. Few real fortunes were made without incurring debt or receiving a windfall.

]]> By: MarcG http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-769 MarcG Sat, 15 Mar 2008 01:18:14 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-769 One option is building business(s) as your assets. I'v enjoyed building several. Having enough money to spend & save is the best of both worlds. One option is building business(s) as your assets. I’v enjoyed building several. Having enough money to spend & save is the best of both worlds.

]]> By: Moneymonk http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-294 Moneymonk Fri, 01 Feb 2008 16:48:16 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-294 "success depends on being good at handling debt" Love it. This is almost like Rich Dad, Poor Dad charts “success depends on being good at handling debt” Love it.

This is almost like Rich Dad, Poor Dad charts

]]> By: Jacob http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-291 Jacob Fri, 01 Feb 2008 01:45:17 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-291 Although it's been more than 5 years since I read RDPD, the idea of cash flow was the one idea that stuck in my brain and made me decide to start doing things differently. Although it’s been more than 5 years since I read RDPD, the idea of cash flow was the one idea that stuck in my brain and made me decide to start doing things differently.

]]> By: hank http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-287 hank Thu, 31 Jan 2008 15:53:32 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-287 Nicely done - looks similar to Bobby Kiyosaki's diagrams, and both make perfect sense (cents). :) Nicely done - looks similar to Bobby Kiyosaki’s diagrams, and both make perfect sense (cents). :)

]]> By: Jacob http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-267 Jacob Wed, 30 Jan 2008 00:43:58 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-267 @ mr. cheap - I thought about that, but then I figured I would need a loop at the debt diagram as well and possibly another arrow to retirement savings, so I decided to keep it simple. @ mr. cheap - I thought about that, but then I figured I would need a loop at the debt diagram as well and possibly another arrow to retirement savings, so I decided to keep it simple.

]]> By: Mr. Cheap http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-265 Mr. Cheap Tue, 29 Jan 2008 21:36:39 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-265 Great post and diagrams! I'd almost be tempted to draw an arrow going FROM assets and back into itself to show the compounding of assets (when it exceeds your stuff). Great post and diagrams! I’d almost be tempted to draw an arrow going FROM assets and back into itself to show the compounding of assets (when it exceeds your stuff).

]]> By: fathersez http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-246 fathersez Sun, 27 Jan 2008 06:19:28 +0000 http://earlyretirementextreme.com/2008/01/cash-flow-diagrams-for-the-poor-the-middle-class-and-the-investor-class.html#comment-246 Well drawn and simple diagrams. If only our education system could slip this into the syllabus and teach all our children from day one. Well drawn and simple diagrams.

If only our education system could slip this into the syllabus and teach all our children from day one.

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