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Old 03-02-2007, 08:15 AM   #1
It's not about how much you make or if you're "Rich" or "Poor"
Kim
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ksmom's recent post about what do you consider "poor" prompted me to dust off my soapbox again!

When I created this Money Matters forum, I was excited to get people thinking about money. Money is the number one reason why couples divorce. It's why people argue. The average household carries some $7,000 as a credit card balance every month. If financial security can bring about a less stressful environment in your home, plus bring you opportunities that you might not otherwise have, why not strive for that? It would be my goal for EACH OF YOU to rid yourselves of consumer debt.


However, having said that, it's not about how MUCH money you have. We can get into trouble when we start projecting what's right for ourselves onto others. The amount each of us "need" can be very different depending on where we live, our fixed expenses and what our personal goals are. Someome may be very content on a small income, while others with big aspirations or goals may be prompted to "go for the gold". There's nothing wrong with either philosophy. Different strokes for different folks.


Rich, poor, incomes, net worth, etc. they're all numbers. The government defines poverty lines according to income, but I think we've all seen examples of families on very small incomes do better with their money than those who make six figures. A net worth calculator can be a valuable tool in letting you know if you're on track in achieving your goals, but they're just that: YOUR GOALS. Not your neighbor's goals. It's up to each and every individual to define that for him or herself.
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Old 03-02-2007, 08:18 AM   #2
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Amen Kim! I'm so glad you posted that!
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Old 03-02-2007, 08:21 AM   #3
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Isn't that the truth!! Thank you!!
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Old 03-02-2007, 08:22 AM   #4
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Thank you for the reminder. It's definately one I needed to hear.
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Old 03-02-2007, 08:26 AM   #5
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Nicely put, Kim. Thanks!
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Old 03-02-2007, 08:45 AM   #6
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Yeah, Kim!!!! Thank you so much! I, for one, am getting tired of all these numbers being thrown out there and people feeling great or less than great about themselves as a result.

Thank you!
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Old 03-02-2007, 09:01 AM   #7
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Very well said, Kim!!!!!
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Old 03-02-2007, 09:05 AM   #8
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So true!
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Old 03-02-2007, 09:07 AM   #9
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I think everyone needs to be reminded every so often. We can all get bogged down in the figures at one point or another.

Personally, I feel very rich because of the love my family has, the opportunities my children will have in this country, my friends, and my mommysavers network. Funny that none of those things that make me feel rich have any numbers tied to them.
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Old 03-02-2007, 09:09 AM   #10
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Amen. Remember the hymn words, "Count your blessings, name them one by one. Count your blessing, see what God has done." Money is just not as important when you look at all you have in your life. Don't forget that!
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