Comments on: My Story: How my Parents went from Poverty to Wealth and Taught me Life Lessons for Financial Independence http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/ Educate, Inspire, Motivate for Wealth in Money & Life Sat, 04 Feb 2012 05:40:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Barb http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/comment-page-1/#comment-41102 Barb Tue, 21 Jun 2011 12:17:58 +0000 http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/#comment-41102 Hi Alex, I couldn't agree more with your comment. I really appreciate your remarks and your perspecitive. As a parent, my husband and I are in complete accord with your thinking. There is a totally different appreciation for earned income versus "gifts." Nothing beats the incredible confidence of personal achievement. By giving kids too much, you rob them of their own personal struggle and the opportunity to succeed on their own. We have even decided not to "give" our daughter a car. Hi Alex, I couldn’t agree more with your comment. I really appreciate your remarks and your perspecitive. As a parent, my husband and I are in complete accord with your thinking. There is a totally different appreciation for earned income versus “gifts.” Nothing beats the incredible confidence of personal achievement. By giving kids too much, you rob them of their own personal struggle and the opportunity to succeed on their own. We have even decided not to “give” our daughter a car.

]]> By: Alex Shaw http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/comment-page-1/#comment-41055 Alex Shaw Tue, 21 Jun 2011 04:49:35 +0000 http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/#comment-41055 I was a trust fund kid/adult. Up until I was 30, from the age of 16 on, I paid my own way. I worked, had and paid for my own place and was becoming successful. At 30, I recieved a large trust fund, and things went downhill from there. I have now recovered, I am in my fifties, had a good carrer after beating everything from a to z - due to bad circustances, I now am on disability, I paid into the system, so I do not feel bad about this. point is, If i had a large fortune, I would leave my kids, If I had any (I don,t) a college education paid for, a car and enough to get them thru college. not a dime more. the rest would go to my favorite charities. Having got all that money in a monthly check robbed me of ambition, attracted a wrong crowd, and led down roads no one should ever travel. I don't get much, but my house is paid for, my car is an older model, paid for, and I am slowly paying off credit card debt - which I am close to doing. Please, do your kids a favor. Pay for a good education, living expenses,etc,maybe a car, and that's it. I have had to struggle, the money ran out, a good thing. I am now happy, in a twenty year relationship, wishing I could work, I volunteer when I am able. I hope I have provided food for thought. A. I am also a minister (Spiritual) with a three year degree that I got thru a work for the collrgr scholorship. A. I was a trust fund kid/adult. Up until I was 30, from the age of 16 on, I paid my own way. I worked, had and paid for my own place and was becoming successful. At 30, I recieved a large trust fund, and things went downhill from there. I have now recovered, I am in my fifties, had a good carrer after beating everything from a to z – due to bad circustances, I now am on disability, I paid into the system, so I do not feel bad about this. point is, If i had a large fortune, I would leave my kids, If I had any (I don,t) a college education paid for, a car and enough to get them thru college. not a dime more. the rest would go to my favorite charities. Having got all that money in a monthly check robbed me of ambition, attracted a wrong crowd, and led down roads no one should ever travel. I don’t get much, but my house is paid for, my car is an older model, paid for, and I am slowly paying off credit card debt – which I am close to doing. Please, do your kids a favor. Pay for a good education, living expenses,etc,maybe a car, and that’s it. I have had to struggle, the money ran out, a good thing. I am now happy, in a twenty year relationship, wishing I could work, I volunteer when I am able.
I hope I have provided food for thought.
A.
I am also a minister (Spiritual) with a three year degree that I got thru a work for the collrgr scholorship.
A.

]]> By: james moylan http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/comment-page-1/#comment-37614 james moylan Sat, 04 Jun 2011 18:04:26 +0000 http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/#comment-37614 I have a web site where I give advise on penny stocks and stocks under five dollars. I have many years of experience with thee type of stocks. If their is anyone that is interested in these type of stocks you can check out my web site by just clicking my name. I would like to comment about how my parents went from poverty to wealth. although I agree with many of the points in the previous post saving money and investing money is fine I think theirs to little saving today. But If you do not have an end game when It comes to saving and investing than you will find yourself or a couple will find themselves in a situation where they will have far far more money than they will ever be able to use in their liftime and It will be someone else that ends up spending their money so all they will have done is save and invest so someone else can spend most or all of their money after they are gone. let me make this clear their children and grandchildren will be the ones that will spend most of their money. bob brinker on money talk often brings up this point to his listeners. bob always tells his listeners money is in the end for spending. This is an excellent point. I have a web site where I give advise on penny stocks and stocks under five dollars. I have many years of experience with thee type of stocks. If their is anyone that is interested in these type of stocks you can check out my web site by just clicking my name. I would like to comment about how my parents went from poverty to wealth. although I agree with many of the points in the previous post saving money and investing money is fine I think theirs to little saving today. But If you do not have an end game when It comes to saving and investing than you will find yourself or a couple will find themselves in a situation where they will have far far more money than they will ever be able to use in their liftime and It will be someone else that ends up spending their money so all they will have done is save and invest so someone else can spend most or all of their money after they are gone. let me make this clear their children and grandchildren will be the ones that will spend most of their money. bob brinker on money talk often brings up this point to his listeners. bob always tells his listeners money is in the end for spending. This is an excellent point.

]]> By: Barb http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/comment-page-1/#comment-223 Barb Thu, 29 Apr 2010 20:30:03 +0000 http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/#comment-223 Rory, thanks for the comment. Stick around for more "free advice." Get the RSS feed & I've got a free ebook coming out soon too! Rory, thanks for the comment. Stick around for more “free advice.” Get the RSS feed & I’ve got a free ebook coming out soon too!

]]> By: Barb http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/comment-page-1/#comment-81 Barb Thu, 15 Apr 2010 16:17:46 +0000 http://barbarafriedbergpersonalfinance.com/my-story-how-my-parents-went-from-poverty-to-wealth-and-taught-me-life-lessons-for-financial-independence/#comment-81 Kelley, I'm thrilled that I could COERCE you into commenting. If I paid for comments (which I don't), I would definitely slip you a $20. I really appreciate your visit and your comment. Keep coming back & let me know what personal finance stuff you enjoy! Kelley, I’m thrilled that I could COERCE you into commenting. If I paid for comments (which I don’t), I would definitely slip you a $20. I really appreciate your visit and your comment. Keep coming back & let me know what personal finance stuff you enjoy!

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