If you want to be rich, why not do what rich people do? One thing they do is buy a house they can afford. For thoughts on this topic, see More on Buying a House You Can Easily Afford, a post I wrote (almost) one year ago today.
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October 16, 2006
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Is there any chance of cutting back the "one year ago today" posts? I don't think they really add anything, and they greatly reduce the value of the moneyblognetwork RSS feed. In a way, I think you're using other people's blogs to push posts you have done little to update in a year. Thanks for the consideration.
Posted by: Kurt | October 16, 2006 at 04:57 PM
Frankly, someone needs to write "Millionaire Next Door, the City Edition". There are ways to be a "millionaire next door" without moving to a demographically dying, economically failing area with awful weather.
Posted by: Foobarista | October 16, 2006 at 06:04 PM
It always fascinates me that Warren Buffett has lived in the same home for over 30 years.
Posted by: Steve | October 16, 2006 at 06:50 PM
@anon: I think that this site has become extremely popular during the past year and there are a lot of new people whose eyes have not seen the posts from a year ago. Plus the advice is the same no matter what year it is...
I don't mind them. It's a nice refresher.
Posted by: Binary Dollar | October 16, 2006 at 07:36 PM
Yep, what Binary Dollar said.
Posted by: FMF | October 16, 2006 at 08:57 PM
Kurt -- BTW, I didn't mean to be flip with you. But BD summarized what I would have said.
Posted by: FMF | October 17, 2006 at 09:06 AM
Not to pile on, but as a newcomer to this site I appreciate the re-posting of past info.
(Great work here, FMF!)
Posted by: Cleophus | October 17, 2006 at 01:51 PM
I'd like to see a version of Millionaire specifically for recent college grads living in a city. Most of the people in the original book were fairly well established in their careers and spending habits. While that is great for doing research it doesn't really help someone starting out learning how to change their habits accordingly.
Catch a Gideon
Posted by: Brendan | October 17, 2006 at 07:02 PM