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	<title>Comments on: The Money Diaries: The 37 year-old homeowner who makes 6 figures</title>
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	<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/</link>
	<description>Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times.</description>
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		<title>By: Anya</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-77212</link>
		<dc:creator>Anya</dc:creator>
		<pubDate>Thu, 16 Oct 2008 16:38:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures#comment-77212</guid>
		<description>Every post that goes up, somebody feels the need to question it&#039;s authenticity. Why would Ramit pick someone who was making something up, and WHY would someone sit down and make up a week&#039;s worth of false spending habits? Come ON. 

It&#039;s amazing how a person can bring in this kind of income, be contributing to VARIOUS savings accounts so aggressively, is navigating the stock market with ease and everyone can still continue to annonymously rag on one alleged &quot;fault&quot;. Based on his APR&#039;s and credit line, he clearly has higher than average credit, which is more than I&#039;m sure most people can say for themselves. With the way APR&#039;s are rising, it almost seems safer to carry a balance with a low rate, doesn&#039;t it? 

If someone with some disposable income wants a &quot;pricey&quot; hobby, why the hell shouldn&#039;t he divulge?! I would! There&#039;s no &quot;flaunting&quot; here. 

You can hate all you want, but his lifestyle and spending habits are what I aspire to.</description>
		<content:encoded><![CDATA[<p>Every post that goes up, somebody feels the need to question it&#8217;s authenticity. Why would Ramit pick someone who was making something up, and WHY would someone sit down and make up a week&#8217;s worth of false spending habits? Come ON. </p>
<p>It&#8217;s amazing how a person can bring in this kind of income, be contributing to VARIOUS savings accounts so aggressively, is navigating the stock market with ease and everyone can still continue to annonymously rag on one alleged &#8220;fault&#8221;. Based on his APR&#8217;s and credit line, he clearly has higher than average credit, which is more than I&#8217;m sure most people can say for themselves. With the way APR&#8217;s are rising, it almost seems safer to carry a balance with a low rate, doesn&#8217;t it? </p>
<p>If someone with some disposable income wants a &#8220;pricey&#8221; hobby, why the hell shouldn&#8217;t he divulge?! I would! There&#8217;s no &#8220;flaunting&#8221; here. </p>
<p>You can hate all you want, but his lifestyle and spending habits are what I aspire to.</p>
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		<title>By: HollyS</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-77095</link>
		<dc:creator>HollyS</dc:creator>
		<pubDate>Tue, 14 Oct 2008 17:39:53 +0000</pubDate>
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		<description>Good post.  The only thing that amazes me is the spending on eating out.. I can&#039;t imagine eating out at restaurant that often, no matter how much money I made.  I just have the feeling I&#039;d gain a lot of weight really really fast.</description>
		<content:encoded><![CDATA[<p>Good post.  The only thing that amazes me is the spending on eating out.. I can&#8217;t imagine eating out at restaurant that often, no matter how much money I made.  I just have the feeling I&#8217;d gain a lot of weight really really fast.</p>
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		<title>By: April</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-77028</link>
		<dc:creator>April</dc:creator>
		<pubDate>Mon, 13 Oct 2008 14:15:48 +0000</pubDate>
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		<description>I don&#039;t understand those who said he is flaunting his money. Wasn&#039;t the assignment to report his spending habits? It makes sense that he can spend more on recreation and other extras with that kind of salary.

I don&#039;t make anywhere near that much, but I didn&#039;t feel the need to call him a redneck or accuse him of flaunting wealth. Get a grip, people, and try to get over your own insecurities.</description>
		<content:encoded><![CDATA[<p>I don&#8217;t understand those who said he is flaunting his money. Wasn&#8217;t the assignment to report his spending habits? It makes sense that he can spend more on recreation and other extras with that kind of salary.</p>
<p>I don&#8217;t make anywhere near that much, but I didn&#8217;t feel the need to call him a redneck or accuse him of flaunting wealth. Get a grip, people, and try to get over your own insecurities.</p>
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		<title>By: S Patel</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76874</link>
		<dc:creator>S Patel</dc:creator>
		<pubDate>Fri, 10 Oct 2008 16:53:27 +0000</pubDate>
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		<description>Ahhh..I would love to make some $$ like that.. I&#039;m 31 and am nowhere close to what this guy or some of you are making. What do you guys do :)
Thanks for the post!</description>
		<content:encoded><![CDATA[<p>Ahhh..I would love to make some $$ like that.. I&#8217;m 31 and am nowhere close to what this guy or some of you are making. What do you guys do <img src='http://www.iwillteachyoutoberich.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /><br />
Thanks for the post!</p>
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		<title>By: bikecommutr</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76873</link>
		<dc:creator>bikecommutr</dc:creator>
		<pubDate>Fri, 10 Oct 2008 16:48:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures#comment-76873</guid>
		<description>@Irina  the week chosen was in September 2008.

@Adam Jones, I used to be sick of hearing about people being wealthy as well. And then I realized I&#039;m working to be wealthy, and some day I&#039;ll have that life.  Yes, I made some dumb mistakes in the past, but until you accept you are human, you can&#039;t move on.  As any book on getting rich will tell you, if you hate the rich, and hate being rich, you&#039;ll never be rich.  Having money isn&#039;t evil, how you make it may be.  

I bike to work because it&#039;s exercise, otherwise I wouldn&#039;t get any.  I don&#039;t do it because of some love for fellow man and saving the world; that&#039;s a secondary benefit. 

Biodiesel is consistently $0.50 to $0.85/gal cheaper than petrodiesel, and my friend runs the company, so why not?  

As for what I do for a living, I&#039;m a CTO.  Also, I need a hobby.  Work is not a hobby.  Racing cars was awesome fun, albeit expensive.  I&#039;m good at competition target shooting, so I enjoy it and it&#039;s my hobby.  Raising a kid into horse competitions is about to become my other hobby.  

@KevinH, I&#039;m working on paying off the credit card, but I&#039;m in no rush.  My credit card rate is 9%, my investments until this week were in the 30% return range. That 30% return is not guaranteed, no.  But over 30 years, it&#039;ll be much higher than 30%.  The rate on my truck loan is 3.75%. I also have the benefit of tens of thousands of options i can exercise to pay off debts modulo selling restrictions.  Exercising these options now is a dumb move, as the stock is low.  It&#039;ll go back up, it may take 1-2 years, but it&#039;ll go back up.  In fact, I&#039;ve been buying lots of stocks from my watchlist, because they&#039;ll go back up, and I can sell for a profit.

@MikeP  Yes, I realized the more money I have, the more stupid I get.  Automating payments and keeping my &quot;operational&quot; cash low is good.  Keeping the credit card bill high, for now, is also good.  It stops me from spending more.  I plan to pay off the credit card, and freeze it.  And then switch to a pre-paid debit with automated deposits to limit my spending.  Hopefully, I&#039;ll look back at my actions now and appreciate it when I&#039;m in my late 60&#039;s and looking to retire.</description>
		<content:encoded><![CDATA[<p>@Irina  the week chosen was in September 2008.</p>
<p>@Adam Jones, I used to be sick of hearing about people being wealthy as well. And then I realized I&#8217;m working to be wealthy, and some day I&#8217;ll have that life.  Yes, I made some dumb mistakes in the past, but until you accept you are human, you can&#8217;t move on.  As any book on getting rich will tell you, if you hate the rich, and hate being rich, you&#8217;ll never be rich.  Having money isn&#8217;t evil, how you make it may be.  </p>
<p>I bike to work because it&#8217;s exercise, otherwise I wouldn&#8217;t get any.  I don&#8217;t do it because of some love for fellow man and saving the world; that&#8217;s a secondary benefit. </p>
<p>Biodiesel is consistently $0.50 to $0.85/gal cheaper than petrodiesel, and my friend runs the company, so why not?  </p>
<p>As for what I do for a living, I&#8217;m a CTO.  Also, I need a hobby.  Work is not a hobby.  Racing cars was awesome fun, albeit expensive.  I&#8217;m good at competition target shooting, so I enjoy it and it&#8217;s my hobby.  Raising a kid into horse competitions is about to become my other hobby.  </p>
<p>@KevinH, I&#8217;m working on paying off the credit card, but I&#8217;m in no rush.  My credit card rate is 9%, my investments until this week were in the 30% return range. That 30% return is not guaranteed, no.  But over 30 years, it&#8217;ll be much higher than 30%.  The rate on my truck loan is 3.75%. I also have the benefit of tens of thousands of options i can exercise to pay off debts modulo selling restrictions.  Exercising these options now is a dumb move, as the stock is low.  It&#8217;ll go back up, it may take 1-2 years, but it&#8217;ll go back up.  In fact, I&#8217;ve been buying lots of stocks from my watchlist, because they&#8217;ll go back up, and I can sell for a profit.</p>
<p>@MikeP  Yes, I realized the more money I have, the more stupid I get.  Automating payments and keeping my &#8220;operational&#8221; cash low is good.  Keeping the credit card bill high, for now, is also good.  It stops me from spending more.  I plan to pay off the credit card, and freeze it.  And then switch to a pre-paid debit with automated deposits to limit my spending.  Hopefully, I&#8217;ll look back at my actions now and appreciate it when I&#8217;m in my late 60&#8217;s and looking to retire.</p>
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		<title>By: Mike P</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76653</link>
		<dc:creator>Mike P</dc:creator>
		<pubDate>Wed, 08 Oct 2008 18:44:04 +0000</pubDate>
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		<description>bikecommutr: thank you for sharing.  I found it very informative.  I especially like the &quot;automate my life to protect from myself&quot; as it rings true to my own personality.</description>
		<content:encoded><![CDATA[<p>bikecommutr: thank you for sharing.  I found it very informative.  I especially like the &#8220;automate my life to protect from myself&#8221; as it rings true to my own personality.</p>
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		<title>By: Kevin H</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76628</link>
		<dc:creator>Kevin H</dc:creator>
		<pubDate>Wed, 08 Oct 2008 17:11:15 +0000</pubDate>
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		<description>I just don&#039;t understand why anyone who could pay off a credit card bill wouldn&#039;t do that before any other type of savings/investments. How many investments that you have are guaranteed to return 15%?

My advice to the author is to get that credit card down to zero as fast as possible. Think about it, your trying to prepay a mortgage and a car that have interest rates of like 8% probably. Put that money into your credit cards and your return will be double.</description>
		<content:encoded><![CDATA[<p>I just don&#8217;t understand why anyone who could pay off a credit card bill wouldn&#8217;t do that before any other type of savings/investments. How many investments that you have are guaranteed to return 15%?</p>
<p>My advice to the author is to get that credit card down to zero as fast as possible. Think about it, your trying to prepay a mortgage and a car that have interest rates of like 8% probably. Put that money into your credit cards and your return will be double.</p>
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		<title>By: Adam Jones</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76620</link>
		<dc:creator>Adam Jones</dc:creator>
		<pubDate>Wed, 08 Oct 2008 16:37:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures#comment-76620</guid>
		<description>Part of what makes most people sick when the see something like this is that most people make nowhere near that amount of money. And I can understand the nonbelievers; who goes around biking to work, filling up their truck with biodiesel, buying ammo, and making enough to max out their 401K and IRA? Playing Halo on a $400 xbox would be a bargain compared to spending $900 on guns and ammo; where was the point to all of that. The whole post might be believable and palatable if he told us what he does for a living.</description>
		<content:encoded><![CDATA[<p>Part of what makes most people sick when the see something like this is that most people make nowhere near that amount of money. And I can understand the nonbelievers; who goes around biking to work, filling up their truck with biodiesel, buying ammo, and making enough to max out their 401K and IRA? Playing Halo on a $400 xbox would be a bargain compared to spending $900 on guns and ammo; where was the point to all of that. The whole post might be believable and palatable if he told us what he does for a living.</p>
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		<title>By: Irina</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76536</link>
		<dc:creator>Irina</dc:creator>
		<pubDate>Tue, 07 Oct 2008 22:32:12 +0000</pubDate>
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		<description>I am curious to see when this post was originally written.  With the market down over 500 today, I am sure this will affect his spending habits from this day forward  Those stock options must be spirally down in value.</description>
		<content:encoded><![CDATA[<p>I am curious to see when this post was originally written.  With the market down over 500 today, I am sure this will affect his spending habits from this day forward  Those stock options must be spirally down in value.</p>
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		<title>By: Jaime</title>
		<link>http://www.iwillteachyoutoberich.com/blog/the-money-diaries-the-37-year-old-homeowner-who-makes-6-figures/comment-page-1/#comment-76534</link>
		<dc:creator>Jaime</dc:creator>
		<pubDate>Tue, 07 Oct 2008 21:55:29 +0000</pubDate>
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		<description>http://consumerist.com/5059687/reader-pays-off-14330-in-20-months-with-our-tips</description>
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