Comments on: How Liz Pulliam Weston Became a Millionaire http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Solver Nodebt http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-182189 Solver Nodebt Mon, 22 Sep 2008 19:34:03 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-182189 Liz: I was born in a poor country where the notion of money is vague. Look I made a poor choice to go to an industrial engineering school from a country without a philosophy of industry. I have three children now and trying to have another student loan and can’t since one of my Perkins student loan at Michigan States University is in collection. It’s been a while I tried your various perspectives to manage my finance as I am reading or watching you talking but I always faced so many walls! Could you help me by being that Life changer in my finances as I woke up daily hoping to change kid lives? I teach math at Calallen ISD- high school in Texas and my work number is [removed by editor]. With the best of my gratitude Mr. A Liz:
I was born in a poor country where the notion of money is vague. Look I made a poor choice to go to an industrial engineering school from a country without a philosophy of industry. I have three children now and trying to have another student loan and can’t since one of my Perkins student loan at Michigan States University is in collection. It’s been a while I tried your various perspectives to manage my finance as I am reading or watching you talking but I always faced so many walls! Could you help me by being that Life changer in my finances as I woke up daily hoping to change kid lives? I teach math at Calallen ISD- high school in Texas and my work number is [removed by editor].
With the best of my gratitude
Mr. A

]]> By: John http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-150486 John Tue, 20 May 2008 07:23:49 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-150486 Why bail out people who are irresponsible and did not deserve to have a house in the first place. We have been waiting, patiently, for a house for over 2 years because of the over inflated house prices. We suffered for years in an apartment, because we knew that things were totally out of control and would have major readjustments. There were millions of people who wanted immediate gratification and did not do their home work, now my family has to suffer not having a house (because they were overpriced and still are) and pay more taxes for these irresponsible maniacs who want everyone to fit the bill. Let them suffer and lose big time, maybe next time they will have enough strength to wait and do their homework before embarking on the biggest purchase of their lives. We live in a society where the controlled get punished and the wild and unruly get a break, it is not fair to the people who were responsible. Why bail out people who are irresponsible and did not deserve to have a house in the first place. We have been waiting, patiently, for a house for over 2 years because of the over inflated house prices. We suffered for years in an apartment, because we knew that things were totally out of control and would have major readjustments. There were millions of people who wanted immediate gratification and did not do their home work, now my family has to suffer not having a house (because they were overpriced and still are) and pay more taxes for these irresponsible maniacs who want everyone to fit the bill. Let them suffer and lose big time, maybe next time they will have enough strength to wait and do their homework before embarking on the biggest purchase of their lives.

We live in a society where the controlled get punished and the wild and unruly get a break, it is not fair to the people who were responsible.

]]> By: » This Week in the Archives: Verizon FiOS, Classes for Teens, and Auto Maintenance on Consumerism Commentary: A Personal Finance Blog http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-91251 » This Week in the Archives: Verizon FiOS, Classes for Teens, and Auto Maintenance on Consumerism Commentary: A Personal Finance Blog Tue, 10 Apr 2007 05:27:52 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-91251 [...] 3: How Liz Pulliam Weston Became a Millionaire (4 [...] [...] 3: How Liz Pulliam Weston Became a Millionaire (4 [...]

]]> By: » Best of 2006, January Through June on Consumerism Commentary: A Personal Finance Blog http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-57606 » Best of 2006, January Through June on Consumerism Commentary: A Personal Finance Blog Mon, 14 Aug 2006 04:41:30 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-57606 [...] Investing, Insurance and Growing Money Stocks are for Suckers? Quick Guide to Asset Allocation Roth 401(k) Not for Everyone Stupid Investment of the Week: Teach Me to Trade The Future Is Grim: Ben Stein Historically Inaccurate Numbers Benefits of Dividends How Liz Pulliam Weston Become a Millionaire Trading Stocks? Do It Like a Vulcan! Sell Your Life Insurance Policy Does This Number Impress You Millionaires Investing in Cash but Watch Stocks [...] [...] Investing, Insurance and Growing Money Stocks are for Suckers? Quick Guide to Asset Allocation Roth 401(k) Not for Everyone Stupid Investment of the Week: Teach Me to Trade The Future Is Grim: Ben Stein Historically Inaccurate Numbers Benefits of Dividends How Liz Pulliam Weston Become a Millionaire Trading Stocks? Do It Like a Vulcan! Sell Your Life Insurance Policy Does This Number Impress You Millionaires Investing in Cash but Watch Stocks [...]

]]> By: Herb http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-2261 Herb Thu, 06 Apr 2006 14:11:57 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-2261 Exactly, it's all about opportunity cost of money. If someone will loan you money at 1% and you can turn around and loan someone else that same money at 5%, you'd be crazy not to. On the article though, she did mention she lives in CA and with the crazy housing market out there it certainly helps in increasing net worth. That's essentially free money that might disappear as quickly as it appeared. Exactly, it’s all about opportunity cost of money. If someone will loan you money at 1% and you can turn around and loan someone else that same money at 5%, you’d be crazy not to.

On the article though, she did mention she lives in CA and with the crazy housing market out there it certainly helps in increasing net worth. That’s essentially free money that might disappear as quickly as it appeared.

]]> By: Jerry Kindall http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-2220 Jerry Kindall Tue, 04 Apr 2006 00:43:34 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-2220 Low-interest-rate debt is free money and you should use it as much as possible even if you have money in the bank to buy what you want. That way you can continue to earn interest on YOUR money while using the bank's money for the purchase. Think of it this way -- when you use cash for a purchase, it costs you the 4% (or more) you could have earned on that cash. Low-interest-rate debt is free money and you should use it as much as possible even if you have money in the bank to buy what you want. That way you can continue to earn interest on YOUR money while using the bank’s money for the purchase.

Think of it this way — when you use cash for a purchase, it costs you the 4% (or more) you could have earned on that cash.

]]> By: erik http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-2218 erik Mon, 03 Apr 2006 23:49:38 +0000 http://www.consumerismcommentary.com/2006/04/03/how-liz-pulliam-weston-became-a-millionaire/#comment-2218 These are the kind of stories that give people like me hope! I agree with all of these things, except for using debt wiesely. Who needs it if have money in the bank! Anyway, I liked how she talked about investing in yourself. It is something that I need to start doing. I want to get my CFP designation, but the $400 a class is keeping me from doing it. I just need to suck it up and realize that the returns will be much greater later on in life. These are the kind of stories that give people like me hope! I agree with all of these things, except for using debt wiesely. Who needs it if have money in the bank! Anyway, I liked how she talked about investing in yourself. It is something that I need to start doing. I want to get my CFP designation, but the $400 a class is keeping me from doing it. I just need to suck it up and realize that the returns will be much greater later on in life.

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