Money is no object anymore, it just keeps coming, and coming...

30 replies
What do you do?

I do have some very large, long term goals, but, these are a few things that I do almost immediately.

1. Tithe (with a bit extra to pay off loan on church building)
2. Pay off land/student debt
3. Build home debt free, make modifications (solar, home automation)
4. Talk to my mother, sneakily find out what her dream car is.
5. Drive to my home town, go buy it, go to the bank where 2nd mortgage is, pay it off, get letter, put it in passenger's seat, go buy a dozen roses, go to her work, leave it in front, with keys, call her job, have her go out front, and let her find it, while i am camped out across the street, watching/taking pictures.
6. Do some repair/modifications to my parent's house.
7. Keep driving my 1994 Mazda B4000 with 344,000 miles (maybe get the A/C fixed.)
8. Get that truck detailed and cleaned, really well.
9. Keep my Monday-Friday job that I absolutely love!
10. Buy the "Life Coaching Course" from the American Association of Christian Counselors.
11. Work, coach, have kids, or something like that.

Now, realistically, my list would also include several missionaries/charities that I strongly believe in, and would support them too, but, those go without mentioning here.

What about you? Any thoughts on my list?

Has anyone already had an experience like this? If so, please share your story.

Jeremy
#anymore #coming #money #object
  • Profile picture of the author psresearch
    Originally Posted by kf4qhk View Post

    5. Drive to my home town, go buy it, go to the bank where 2nd mortgage is, pay it off, get letter, put it in passenger's seat, go buy a dozen roses, go to her work, leave it in front, with keys, call her job, have her go out front, and let her find it, while i am camped out across the street, watching/taking pictures.
    You're going to buy you're home town? Will you let the people stay there?

    I hope it has a Chik-fil-a and Radio Shack. Those are two must-haves!
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    • Profile picture of the author fushigi
      I think he meant he would go to his hometown and buy his Mom her dream car
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      • Profile picture of the author freedom25
        I love making lists like this, but the trouble is I can get caught up in my dreams and I need to focus on what I need to do to get there.

        Other than paying off my debts, I am determined to start an animal sanctuary one day. It has been my goal since I can remember and I want to start taking steps to make it happen in 2009.
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  • Profile picture of the author Joanne Greco
    I think it's wonderful to be in a position where you don't have financial worries and can help out other people.

    I'm partial to #4 and #6 myself. I lost my mother last year, so I'm all for you doing nice things for your mom.

    When I have extra money (and time), I donate as much as I can to helping abused animals and also to finding homes to foster children. Those are two things that are very close to my heart. I also do what I can for our troops.

    Any thoughts on my list?
    Your list is fine because it represents what is important to YOU and that's what matters. Some of the things you listed wouldn't be on my list, but everybody would have their own areas that are important to them.
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    • Profile picture of the author psresearch
      In all seriousness I'd probably try to find a local non-profit that wants wants to expand their services to include an afterschool program, a weekly day camp - maybe even a detoxification and substance abuse program, and a long term care facilitiy for terminal kids and the elderly. It would really benefit this area, as well as this organization, which right now, just exists as a counseling center, as well as the local county's Family Services Center.

      Congratulations on your success, btw!
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  • Profile picture of the author freedom25
    Originally Posted by kf4qhk View Post

    What do you do?

    I do have some very large, long term goals, but, these are a few things that I do almost immediately.

    9. Keep my Monday-Friday job that I absolutely love!

    Wow, I just reread your post and noticed number 9! I can't imagine working in a job I enjoy at all, let alone one that I would continue in if I were rich. Well, I suppose if I were paid to run an animal sanctuary, it would be similar to my dream of owning one, but those jobs are never available (they are voluntary). What do you do that you love so much?
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  • Profile picture of the author Thomas Wilkinson
    My biggest dream would be to write a really big check
    to St. Judes.

    I'd keep my regular job too. I already tried retirement.
    It was the worst 4 days of my life.

    Tom
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    • Profile picture of the author freedom25
      Originally Posted by Thomas Wilkinson View Post


      I'd keep my regular job too. I already tried retirement.
      It was the worst 4 days of my life.

      Tom
      So do you love your day job too? I would be really interested to know what you do. I am still searching for a job I can face on a day to day basis.
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      • Profile picture of the author psresearch
        Originally Posted by freedom25 View Post

        So do you love your day job too? I would be really interested to know what you do. I am still searching for a job I can face on a day to day basis.
        I think alot of that depends on the person of course and some jobs that people love aren't what you'd expect.

        I had a friend who was the General Manager of a Domino's pizza, making pretty decent money...nothing outrageous...but he loved it. I couldn't even believe how much he knew about the pizza and I learned a lot, too.

        Before I went to affiliate marketing full-time 4 years ago I was in a programming job for 8 years that started out great but went downhill because of the changing culture.

        Let's just say that the company I worked for is VERY much in the news today and I think the following pretty much sums up what happened there:

        "Poor management, leads to poor customer service, which, leads to poor sales."
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      • Profile picture of the author Rachel Goodchild
        Originally Posted by freedom25 View Post

        So do you love your day job too? I would be really interested to know what you do. I am still searching for a job I can face on a day to day basis.
        I love my regular job too
        Mind you my job isn't that "regular"
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  • Profile picture of the author mbrown
    It's important to have these long-term goals but most people need to ask themselves something simpler - like what can I do, today, to make $10, so that I can know this thing is REAL for me.
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    • Profile picture of the author psresearch
      Originally Posted by mbrown View Post

      It's important to have these long-term goals but most people need to ask themselves something simpler - like what can I do, today, to make $10, so that I can know this thing is REAL for me.
      I couldn't agree more, Michael. It's kind of like teaching someone gin rummy. I probably wouldn't start them off right with the official tournament type game...I'd ease them in by starting out with something like Rummy 500 or Phase 10.
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      • Profile picture of the author InternetBullDawg
        As a fulltime accountant I've seen many customers go from having no money at all to having so much they did not know what to do with it. Several have told me they worried more now that they have money than when they did not.

        First thing I always say is look toward the future. Pay off all your debts including your home if possible. Then put money away 6 months to one year of money for emergencies. You never know what might happen. Next put money away for retirement. Then give to others through charities. Help family members if they are truly deserving.
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        • Profile picture of the author ExRat
          Hi Freedom25,

          I am determined to start an animal sanctuary one day
          Likewise!

          So do you love your day job too? I would be really interested to know what you do. I am still searching for a job I can face on a day to day basis.
          So, stop looking. Employ yourself and give yourself that freedom you named yourself after.

          Hi Mari_Quint,

          Since money is not an issue, I'd also include travel in the list. Exploring the world would let you experience and understand other cultures.
          Likewise!

          Hi Thomas,

          I already tried retirement.
          It was the worst 4 days of my life.
          Ha! Good on you.
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        • Profile picture of the author sylviad
          Originally Posted by geekgirldany View Post

          As a fulltime accountant... First thing I always say is look toward the future. Pay off all your debts including your home if possible. Then put money away 6 months to one year of money for emergencies. You never know what might happen. Next put money away for retirement. Then give to others through charities. Help family members if they are truly deserving.
          With all due respect...

          It makes far more sense to stash away money for emergencies first. There's no point paying off your home and then having no money when things go wrong... as they surely will.

          There's a saying, "pay yourself first" that is quite popular. So every payday, put money into your savings first, even if it's just $5, and then pay your debts with the rest. Your house can hold at the monthly income level until you load up your emergency fund.

          Believe me, this is the absolute best approach. I know, because that's how I've been living. Had I taken my savings and paid off all my debts, I would now be homeless and hungry. Instead, I have a mortgage and a constant source of money that I can go to when things come up, like when my fridge died a few months back and when my tenant moved out and left a disaster behind.

          Sylvia
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          • Profile picture of the author InternetBullDawg
            Originally Posted by sylviad View Post

            With all due respect...

            It makes far more sense to stash away money for emergencies first. There's no point paying off your home and then having no money when things go wrong... as they surely will.

            Sylvia
            I understand and it sounds like you have a budget setup which is great. Most people don't do this. I was speaking to the topic of the thread "Money is no object anymore". If this is true then all debt should be paid off and an emergency account setup. The home is largest debt for most people so it usually is the last thing to be paid off. In a perfect situation I try to get the customer to setup a budget. I've seen customers who are still in debt, no emergency account, even though they are making a great deal of money. So I just try to steer them in the right direction.

            I am a big believer in the system Dave Ramsey has presented in his book. Here is a website that gives more information: Dave Ramsey - Baby Steps @ Moneyspot.org
            I am basically following his line of thinking.
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  • Profile picture of the author CurtisN
    Originally Posted by kf4qhk View Post

    What do you do?


    9. Keep my Monday-Friday job that I absolutely love!
    You, my friend, are amongst the luckiest people in the world! I hope to have a job one day that properly stimulates my brain

    I admire you for knowing exactly what you want in life. You've clearly thought this out and have a good game plan. The mistake that many people make when they're starting out *cough me cough* is that they have simple goals such as "make money" or "get rich and retire". Unless you have specific goals such as "Make $2000/month" or "Make enough money to buy dream home", then you're probably not going to achieve anything.

    So good for you. I have no doubt you'll achieve everything on your list.

    Curtis
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    • Profile picture of the author Jeremy James
      Originally Posted by CurtisN View Post

      You, my friend, are amongst the luckiest people in the world! I hope to have a job one day that properly stimulates my brain

      I admire you for knowing exactly what you want in life. You've clearly thought this out and have a good game plan. The mistake that many people make when they're starting out *cough me cough* is that they have simple goals such as "make money" or "get rich and retire". Unless you have specific goals such as "Make $2000/month" or "Make enough money to buy dream home", then you're probably not going to achieve anything.

      So good for you. I have no doubt you'll achieve everything on your list.

      Curtis
      Yes, I ABSOLUTELY LOVE getting up and going to my job in the morning. God has richly blessed me in this scenario. In fact, I can not wait for 8 a.m. to get here, so I can be back at work again.
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      • Profile picture of the author utproducts
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        • Profile picture of the author Jeremy James
          Originally Posted by qkz283 View Post

          What do you do, specifically? ..Or are you being sarcastic..

          EDIT - You're in radio, aren't you?
          No, I don't work in radio, but, I used to be involved in Amateur Radio as a hobby.

          Currently, I work for a regional cellular provider, in it's company owned sales and service office. I help new and existing customers with activations, phones, and service. I work with three like minded guys, and we have a ball together. I thoroughly enjoy it. It meets my passions very well.

          My one issue is that I am used to working a 50-60 hour work week, so, I don't know what to do after I get off at night. I am thinking of starting to life coach on the side, to build an extra income, and also to help me in my desire of helping others.

          Jeremy
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  • Profile picture of the author John Taylor
    Originally Posted by kf4qhk View Post


    What about you? Any thoughts on my list?

    It's the kind of list that would be best suited to your own
    blog and then you could report on your progress.

    John
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  • Profile picture of the author Amy Bass
    I LOVE these types of goals. It is so much better than just saying: I want to make six figures a year. Why would someone need six figures if they don't know what they want to do with it?

    Here are some of mine:
    1. Pay off all my debt (I am really close on this one! )

    2. Buy a nice farm house on about 5 acres of land so I can have a fruit orchard, some chickens and a few goats.

    3. Set my home up on solar energy and things that will make it self-sufficient.

    4. Build a new school for my kid's private school (It is such a poor school, but the teachers and curriculum rock. I would LOVE to give them a new building.)

    5. Buy a new minivan to lug around my kids in. Nothing fancy, maybe 1 - 2 years old. (My current one is a 2003 and it is starting to go downhill)

    6. GIVE GIVE GIVE. I get so much more enjoyment out of using my money to help others than to spend it on myself.
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  • Profile picture of the author Alexandre Valois
    1. Pay off my student loans/credit debts (working on it this year)

    2. Back to Canada, start rolling my profits back in Real Estate and start my investing career.

    3. Make my first million - go to high school reunion - flash the cash and rub it in the face of all the former "cool kids" stuck into dead-end jobs.

    4. Sell everything, buy small properties in different country and free myself, living the jet-setter life.

    5. Build schools in developing countries (thanks to Tim Ferris, I now know this can be done on about 15,000$ only )
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  • Profile picture of the author Thomas Wilkinson
    Freedom, I'm self employed and have been for 35
    years. Its not always easy and a lot of the time
    you don't make as much money as you might just
    working for someone else but I wouldn't have it any
    other way. My Dad didn't have much by way of
    parenting skills but he taught me that honesty was
    man's obligation to others and integrity is a man's
    obligation to himself. I have tried to remember those
    words every day. Create your own world and don't
    listen to the people who try to tell you what you can't
    do. Usually they are only talking about what THEY
    can't do. Not a one of them has ever been inside your
    head or your heart so they really don't have the smallest
    idea of what YOU can do.

    Merry Christmas everyone

    Tom
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    When you hear someone telling you what YOU can't do, they are usually talking about what THEY can't do.
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  • Profile picture of the author ninja newbie
    They say dream big, every now and then I like to think about what it would be like to be rich. Usually what follows such thoughts are, "How do I get there", then I get back to modes and methods. As someone who has been self-employed for quite sometime now, I can't wait to quit my day job...besides my boss is an S.O.B.

    Terry
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  • Profile picture of the author Jeremy James
    Ok, I am going to start responding to this thread, since I started it.

    I think most of you know this, but, I created this thread more as a "what if" rather than "it's already happened." I enjoyed the feedback.

    I, like many of you, hope to be at that point, and one day soon, maybe. I think after much self reflection is that I would change very little in my day to day activities. I'd still keep a relatively simple, non ritzy lifestyle, and I'd be very contented in it.

    Like I said, I'd help my parents out, a few friends who are in need, but, mostly, I'd help certain ministries and charities out, as well as see if we could make some positive changes here in our wonderful country. But, as for me personally, I hope to be driving that truck to nearly 1 million miles. (just hope it looks better than a million miles.)
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  • Profile picture of the author psresearch
    Well, "What if's" are important to since like mission statements they are a way of drawing yourself towards something and seeing where you're getting blocked.

    I definitely agree with keeping a simple lifestyle.
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  • Profile picture of the author Floyd Fisher
    Very grounded, down to earth goals you have there.

    I like it as is. You parents must be proud.
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    • Profile picture of the author Kamran
      Yep, seeing the smile in your parents face and knowing that they are smiling because of you is better than anything else in the world. My parents are very proud of me, and I am striving to make them even more proud of me.
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      • Profile picture of the author Jeremy James
        Thank you for your kind words.
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        • Profile picture of the author docudrama
          That's the point of it all isn't it. To be in a situation where you can do the things you want to do in life rather than simply get by.
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