Comments on: How to Become a Millionaire By 30…Sorta http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/ A production of FiLife, a new personal-finance site that goes live later this year. Thu, 04 Dec 2008 04:05:40 +0000 http://wordpress.org/?v=2.6.2 By: Kevin http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-12580 Kevin Fri, 28 Nov 2008 01:56:06 +0000 http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-12580 He is 100% right on credit cards. Credit cards are a sure way to the poor house. Pay cash -- don't do debt. You don't need a credit score if you pay cash and if you have had a job for 2 years and have 20% to put down (which you should) you don't need a credit score for a loan. My FICO score is 0 and I am a millionaire. Debt will keep you in the poor house from my experience! He is 100% right on credit cards. Credit cards are a sure way to the poor house. Pay cash — don’t do debt. You don’t need a credit score if you pay cash and if you have had a job for 2 years and have 20% to put down (which you should) you don’t need a credit score for a loan. My FICO score is 0 and I am a millionaire. Debt will keep you in the poor house from my experience!

]]> By: Mary Pilon http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-745 Mary Pilon Wed, 13 Feb 2008 18:55:56 +0000 http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-745 Credit cards obviously have their flaws, but other than providing a way to establish a credit history, you can also reap rewards benefits (Chase Freedom cash back = free money) if you pay your bills on time and credit cards can be a lot more secure than cash. Plus, if you're a credit carder (rather than a cash user) you can use online software like Mint, Geezeo, etc. to gain more insight on where you spend your dough. No one way works for everyone, but it seemed odd to me that Corey didn't even consider the pretty standard ways to get the most out of a huge sector of modern personal finance. Credit cards obviously have their flaws, but other than providing a way to establish a credit history, you can also reap rewards benefits (Chase Freedom cash back = free money) if you pay your bills on time and credit cards can be a lot more secure than cash. Plus, if you’re a credit carder (rather than a cash user) you can use online software like Mint, Geezeo, etc. to gain more insight on where you spend your dough.

No one way works for everyone, but it seemed odd to me that Corey didn’t even consider the pretty standard ways to get the most out of a huge sector of modern personal finance.

]]> By: robdogg http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-743 robdogg Wed, 13 Feb 2008 18:49:16 +0000 http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-743 actually i think personal credit cards are a very bad idea and most wealthy people will agree. There are many other ways to establish credit, however credit cards is the worst way of attempting to do it. actually i think personal credit cards are a very bad idea and most wealthy people will agree. There are many other ways to establish credit, however credit cards is the worst way of attempting to do it.

]]> By: hank http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-687 hank Wed, 06 Feb 2008 01:53:58 +0000 http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-687 I can see trying to get up to the 1MIL mark by "any mean" but if that means sacrificing good food and good fun through your 20s that much, it might not be worth it. Granted, he owns a bar, so maybe the good fun piece may happen for free... :) I can see trying to get up to the 1MIL mark by “any mean” but if that means sacrificing good food and good fun through your 20s that much, it might not be worth it. Granted, he owns a bar, so maybe the good fun piece may happen for free… :)

]]> By: ganes|forex http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-624 ganes|forex Fri, 25 Jan 2008 02:22:33 +0000 http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-624 LOL, he is trying to be a millionair by selling a book LOL, he is trying to be a millionair by selling a book

]]> By: Curtis http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-620 Curtis Thu, 24 Jan 2008 22:23:47 +0000 http://blog.filife.com/how-to-become-a-millionaire-by-30sorta/#comment-620 Guy sounds like he sorta sucks at being a good person. Guy sounds like he sorta sucks at being a good person.

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