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Old 07-27-2008, 08:03 PM   #6
Bend it like Bourgeois
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Join Date: Oct 2001
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We have a reasonable if unspectacular income and lifestyle, with a decent chunk of savings and a rate of savings that is plenty sufficient to make sure we'll retire like this at some point. Whether that's 50, 55, or 60 will depend on when my wife goes back to work (assuming life doesn't throw us some curveball), but it'll happen. I'm in my mid 30s and will be mortgage free (or close enough) in 5 years or so.

So my basics are covered (in my mind), and now I'm after the whole rich dad poor dad thing, which maybe people will tell me is dumb, but it made sense to me.

As my income rises and I start to have more free cash, I don't just want to increase my lifestlye to spend it away.

For example I'd rather take 100k or whatever and have that generate income that pays for a luxury I want like a nicer car or fancy vacation, instead of blowing the 100k or a good portion of it on the luxury itself.
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