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Old 03-14-2011, 09:07 AM  
Due
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Join Date: Mar 2001
Location: Murrieta, CA
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Quote:
Originally Posted by GatorB View Post
If you have a million in the bank you've got money. Stupid millionaires. Never happy.
That doesn't mean you are wealthy. You still need to evaluate your purchases carefully.

IE: a mid-class house @ 300K takes 30% of your cash, a luxury car another 10%

Then if you want to remodel or whatever you easily spend another 10%

If you can spend half your money on such basic things, you got money but your not wealthy and you'll likely be broke in 5 years
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