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The Water Cooler
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How many millionaires do we have here?
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<blockquote data-quote="OKCShooter" data-source="post: 3568157" data-attributes="member: 9994"><p>In regards to borrowing, its best to use the Dave Ramsey principles until one understands and can be disciplined with the tool of money. Once understood, borrowing isn’t all bad but only if you understand how to manage that debt and understand risk.</p><p></p><p>Income is a strong tool but as one learns to invests wisely, leverage can be another tool.</p><p></p><p>After reading some of the responses in this thread I will say:</p><p></p><p>When people ask about how to become “X” I believe that it makes sense to only listen to people that have proven “X”</p><p></p><p>Example, I don’t ask fat people how to eat or broke people how to invest....so always consider the source.</p></blockquote><p></p>
[QUOTE="OKCShooter, post: 3568157, member: 9994"] In regards to borrowing, its best to use the Dave Ramsey principles until one understands and can be disciplined with the tool of money. Once understood, borrowing isn’t all bad but only if you understand how to manage that debt and understand risk. Income is a strong tool but as one learns to invests wisely, leverage can be another tool. After reading some of the responses in this thread I will say: When people ask about how to become “X” I believe that it makes sense to only listen to people that have proven “X” Example, I don’t ask fat people how to eat or broke people how to invest....so always consider the source. [/QUOTE]
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