Comments on: A New Buzzword: Deleveraging http://www.biggerpockets.com/renewsblog/2008/11/03/a-new-buzzword-deleveraging/ Learn, Network, Invest Mon, 23 Nov 2009 22:50:37 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: florida property http://www.biggerpockets.com/renewsblog/2008/11/03/a-new-buzzword-deleveraging/comment-page-1/#comment-61137 florida property Sat, 08 Nov 2008 16:37:06 +0000 http://www.biggerpockets.com/renewsblog/?p=2085#comment-61137 I've never seen the Ford quote either, but it's sure going to tested for accuracy in the next year or two! I’ve never seen the Ford quote either, but it’s sure going to tested for accuracy in the next year or two!

]]> By: Bob Stroud http://www.biggerpockets.com/renewsblog/2008/11/03/a-new-buzzword-deleveraging/comment-page-1/#comment-61121 Bob Stroud Fri, 07 Nov 2008 20:36:09 +0000 http://www.biggerpockets.com/renewsblog/?p=2085#comment-61121 What a great article. It should be manditory reading for everyone. Leveraging has it place in business and personal spending but it needs to be controlled at all times. I've always believed in deleveraging but I never called it that ... I called it debt reduction and boy does it ever feel great when the debt is all gone. Then when you buy something you don't really need it doesn't feel so bad. What a great article. It should be manditory reading for everyone. Leveraging has it place in business and personal spending but it needs to be controlled at all times. I’ve always believed in deleveraging but I never called it that … I called it debt reduction and boy does it ever feel great when the debt is all gone. Then when you buy something you don’t really need it doesn’t feel so bad.

]]> By: Ned Carey @ Baltimore investing http://www.biggerpockets.com/renewsblog/2008/11/03/a-new-buzzword-deleveraging/comment-page-1/#comment-61032 Ned Carey @ Baltimore investing Wed, 05 Nov 2008 09:02:06 +0000 http://www.biggerpockets.com/renewsblog/?p=2085#comment-61032 I've never seen that Gerald Ford Quote before. I love it. As an investor I don't think leverage is a problem. Bad deals are the problem. I’ve never seen that Gerald Ford Quote before. I love it.

As an investor I don’t think leverage is a problem. Bad deals are the problem.

]]> By: Forex Trading Tips http://www.biggerpockets.com/renewsblog/2008/11/03/a-new-buzzword-deleveraging/comment-page-1/#comment-61006 Forex Trading Tips Mon, 03 Nov 2008 20:43:45 +0000 http://www.biggerpockets.com/renewsblog/?p=2085#comment-61006 The best financial words of advice I have ever received are to remember these three things: 1- Never spend Every penny that you make. Live well within your means 2- You can always find new things to spend money on. You will never be satisfied when it comes to accumulating things you really don't need. 3- Budget for a little 'Mad Money' every month. This is money that you don't have to account for that you can spend in any impractical way you want. If you want something that costs more then your allotted amount of Mad Money then you will just have to save up for a couple months. The best financial words of advice I have ever received are to remember these three things:

1- Never spend Every penny that you make. Live well within your means
2- You can always find new things to spend money on. You will never be satisfied when it comes to accumulating things you really don’t need.
3- Budget for a little ‘Mad Money’ every month. This is money that you don’t have to account for that you can spend in any impractical way you want. If you want something that costs more then your allotted amount of Mad Money then you will just have to save up for a couple months.

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