Quote:
Originally Posted by Watching The World Burn
We pay under $30K PER YEAR in mortgage payments. Which is why we sleep fairly peacefully at night lol.
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We're at $7K per year and are sleeping quite peacefully, too.
In the late 80s, we were at $51K per year and somewhat anxious. Well, one of us was, anyway!
Quote:
Originally Posted by unluky
My dad made me read things when I was a kid - and one I always remembered was where they took all the money in the world and divided it up evenly between everyone and in 25 years the rich were rich again and the poor were poor again. I didn't get it as much at the time - but now I do. You can't out earn bad habits/logic.
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My dad heard the same thing from his minister grandfather in the early 1930s. The only difference is the minister suggested the money would all have returned to where it had come from between Sunday and Friday in the same week. Generally, I imagine, somewhere between the two is the point in time where the assets could be assumed to have returned to their natural resting place.
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