how do people get so rich?
today i was at my cousines house and i was so amazed…they are a new married couple (3 years), they have an almost 1 year old baby. the guys parents r realestate agents, and he is one too and he also has his own business (i think hes like an architect or some sort of house designer) and his wife is a high school teacher (religion) her parents arent that rich i dont know what they do but i know they arent rich AT ALL (from what my parents say)
yet somehow this young married couple JUST bought a 1.5 MILLION dollar home… they have the nicest clothes for themselves and their baby and they always pay their bills on time and always offer to pay whenever we go oout and always get the nicest gifts for us. they never won the lottery and everyone knowws them as the nicest people ever so i know they dont like scam or stuff. they also go on vacation like 3 times a year to the carrieban and europe. HOW DO PEOPLE WHO DONT HAVE THAT GREAT JOBS GET SOOOO MUCH MONEY?
lastsliceofpizza- im pretty sure they are
they have a 1.5 million dollar home, they are only 3 years married, the mom doesnt even work now, they have a baby, they wear expensive clothes, they have 2 really amazing new cars (i thinks ones like a bmw or jaguar or something idk but its really nice) they also go on like 3 vacations every year to 5 star hotels
Read the book "The Millionaire Next Door", to me it sounds like they are probably not rich at all. But they are overvaluing status items. Read the book and you’ll understand there is a difference between status items & wealth.
April 4th, 2010 at 12:50 pm
Read the book "The Millionaire Next Door", to me it sounds like they are probably not rich at all. But they are overvaluing status items. Read the book and you’ll understand there is a difference between status items & wealth.
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April 4th, 2010 at 1:07 pm
Save as much as you can, save as often as you can, save as soon as you can – and it invest wisely.
It’s not a ‘Get Rich Quick’ formula, but it does the trick.
http://moneyessentials.co.nz
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April 4th, 2010 at 1:31 pm
You should ask them.
Most people that are rich have worked and saved for years. Your cousins (I am taking an educated guess) have either gotten their money from
1) borrowing (they aren’t rich – they have just borrowed alot) something that alot of people did a few years ago and now many are in trouble. If he is both an architect and a real estate agent – it sounds like works very hard.
2) If he has a high income – he may be able to buy a house with very little down especially if his parents cosigned on the loan.
Their parents may have more money than you think but are frugal but have decided to give their kids money.
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April 4th, 2010 at 2:20 pm
easiest way to scam other people
just like other people scam people on this site
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April 4th, 2010 at 2:29 pm
How can you be so sure they *pay their bills on time*? LOL For all you know, they could be close to foreclosure on that million dollar house! LOL
Lots of people live off their credit cards and put themselves in debt up to their eyeballs in order to impress other people.
Then again, maybe the hubby makes a decent living selling and designing houses? Who knows?
Don’t worry about how much money they make or their lifestyle..that can disappear in an instant.
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April 4th, 2010 at 2:43 pm
Yo my mom and I were just having this same convo about a few flashy people we know. The simple answer – they are getting subsidized – They are probably living off of their parents or received great ‘gifts’ including real estate, trust funds, plethora of investment pieces.
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Seen many of these "high rollers"