Home: Message List - How much money do you need to live "comfortably"?

Re: How much money do you need to live "comfortably"?

Elite1 — Sat, 27 Dec 2008 00:37:58 GMT

I do not require a lot of money to feel comfortable. I am happy as long as I can put a roof over the family, clothes on their back, food on the table, and utilities to keep them warm. The rest is luxury.

On another note, I think most people do not approach their personal financial situation like their business finances. It is helpful to calculate how much you need (or want), then set specific goals on how to make it happen. Use this to pay off bills, save for a specific purpose, or prepare for retirment. Similar to making a business plan, you can make a personal plan. It is very exciting, reassuring and satisfying.

Tanya
Elite Financial Services, LLC

Re: How much money do you need to live "comfortably"?

intechspecial — Thu, 20 Nov 2008 23:35:12 GMT

Yes things can be bleak when we are presented with a realistic and true fear that could affect our main stream of income.

My question to this is do we really know this fear to be true or just our perception?

Is it possible that the fear is just of our own making, or just an passionate idea that someone presented to us because of their lack of understanding?

What it really boils down to is our ability to plan before any fear might come true, and the ability to respond on a professional and decisive manor to problems that arise.

Rome was not built in a day, and comfort really is a state of mind.

Our focus to stay in business should be to not tread anything but stable waters, yet test new unsailed seas just to get an idea of how our boat stays afloat, while the same time staying close to our current path.

A well planned out and decisive path will insure success, and a path that is well thought out enough to keep focus on the ultimate goal yet able to alter course at the same time has a better chance at success then to just blatingly sail forward, ignoring the coming or present dangers yet throwing a war flag at any little problem that may or may not even be a problem.

What some see as this humongous threat, really is just a tiny ballon floating in an endless sea.

So to answer this question in a less poetic yet direct response.

Money cannot buy everything, and the some of the happiest people in the world died homeless, and some of the most miserable people in the world died filthy rich.

Re: How much money do you need to live "comfortably"?

val_cards — Thu, 20 Nov 2008 22:56:06 GMT

Thanks for your encouragement. I'm trying to get my Potty Trainer For Pups into PetsMart

Re: How much money do you need to live "comfortably"?

Mongoose — Thu, 20 Nov 2008 22:52:46 GMT

val_cards: we can all relate to that nightmare, losing everything is a scary but real scenario! Let's keep our heads above the water, shall we?

Re: How much money do you need to live "comfortably"?

intechspecial — Thu, 20 Nov 2008 22:34:47 GMT

WarrenD -

I would be happy to assist you in your efforts and will happily live on the other end of the scale.

You can offer me 1-5k a year and see how I do as well.

Re: How much money do you need to live "comfortably"?

val_cards — Thu, 20 Nov 2008 22:34:25 GMT

I have dreams of myself being dressed in rags and it scares me.

Re: How much money do you need to live "comfortably"?

Lighthouse24 — Thu, 20 Nov 2008 22:30:16 GMT

LOL, I have the "cope with" skills -- still working on the "come out on top everytime" part!

Re: How much money do you need to live "comfortably"?

Mongoose — Thu, 20 Nov 2008 21:50:00 GMT

Very understandable, Lighthouse. I hate when things fly out of control, it's a scary thought in our train analogy if you're not the one piloting the train. I don't like my fate being in others hands, but sometimes it happens. It's a fine skill to learn how to cope with the worse of situations and come out on top everytime.

Re: How much money do you need to live "comfortably"?

WarrenD — Tue, 11 Nov 2008 17:24:36 GMT

Hello Everybody,

I know how to find the answer of how much money it would take to live comfortable? I'll volunteer to be the gunea pig, all every body in the community pitch in and give me 200K to live on the first year. In a year everybody can up the antie by 100K, and do that every year to I feel comfortable. If all you nice people can do that every year I'll appreciate it, and we'll all have the answer. YOU CAN TRUST ME!! (ha! Ha!)

Warren

Re: How much money do you need to live "comfortably"?

intechspecial — Tue, 11 Nov 2008 16:47:09 GMT

I would have to say I agree with you Lighthouse except for one valid point.

If I knew there was someone that I could trust that might help to keep the train on the tracks, I would be more then open to having them take the wheel or at least show me what I am doing wrong.

Unfortunately to find a business mentor is next to impossible considering my situation.

InTech "Special"