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02-27-2008, 03:45 PM
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#8
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Mommysavers Diva
Last Online: Today 12:01 PM
Join Date: Sep 2007
Location: Near Boston, MA
Real Name: Terri
Posts: 597
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I just wanted to add that yes, success is measured in so many ways. But if we're strictly talking about money here, its when that frugal lifestyle leads to a point where your money can work for you. If you can't get to that point, you will always have to cut back and watch every cent. But if you can get enough working for you, the dividends you earn monthly far exceed the amount you would save with coupons. So there is definitely a point in time when there is a shift. My 14 year old has to pay taxes this year because her stocks made too much money last year...I explained to her that she could sit on her but and watch her money grow for her, or she could be working somewhere part time and earning less. That is the point at which you are successfull (moneywise), when your earnings are enough to let you just sit back and watch them grow. Oh, and no, we're not at that point...
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