Comments on: Battle of the Riches: Good vs. Evil. Which Side is Money On? http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/ 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: dong http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-116162 dong Wed, 20 Jun 2007 21:54:17 +0000 http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-116162 I don't think rich people are evil. I think rich people are either usually either lucky or smart (or sometimes just physically gifted). That said being evil, or acting unethically is a way of getting rich quickly. Sadly that cannot be said of being ethical (at least for getting rich quickly). I don’t think rich people are evil. I think rich people are either usually either lucky or smart (or sometimes just physically gifted). That said being evil, or acting unethically is a way of getting rich quickly. Sadly that cannot be said of being ethical (at least for getting rich quickly).

]]> By: Flexo http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-116151 Flexo Wed, 20 Jun 2007 14:05:15 +0000 http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-116151 I agree that money is simply a tool and can neither be good nor evil, but we have all had the benefit of some level of maturity to come to these conclusions. I'm interested in the emotional side of money from a kid's point of view, which would certainly be different than ours. I agree that money is simply a tool and can neither be good nor evil, but we have all had the benefit of some level of maturity to come to these conclusions. I’m interested in the emotional side of money from a kid’s point of view, which would certainly be different than ours.

]]> By: plonkee http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-116147 plonkee Wed, 20 Jun 2007 05:58:47 +0000 http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-116147 Money is simply a way of comparing apples and oranges. Having said that there is something in the 'rich people are evil'. To get very rich or get rich quickly you generally do have to relax your ethical standards. I can see how that mindset doesn't help people, you can be monetarily comfortable with high ethical standards more easily that without them. Money is simply a way of comparing apples and oranges.

Having said that there is something in the ‘rich people are evil’. To get very rich or get rich quickly you generally do have to relax your ethical standards. I can see how that mindset doesn’t help people, you can be monetarily comfortable with high ethical standards more easily that without them.

]]> By: Flexo http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-115995 Flexo Tue, 19 Jun 2007 21:05:43 +0000 http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-115995 Lazy Man: For the record, Janine wrote about money being a hammer. I'd like to take credit for that metaphor, but it is purely the author's. Lazy Man: For the record, Janine wrote about money being a hammer. I’d like to take credit for that metaphor, but it is purely the author’s.

]]> By: Lazy Man and Money http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-115988 Lazy Man and Money Tue, 19 Jun 2007 20:45:01 +0000 http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-115988 My answers to the questions: 1. Money is neither good or evil. I skipped over the rest of the article (sorry Flexo) and wrote that I view it like a hammer. Since that's nearly exactly what Flexo wrote, I deleted it. I just wish he had put a reference to the hammer being silver and belonging to Maxwell. 2. Money equals freedom to me. With money, I'm free to do things that I want whether it's retire, help a friend of relative, buy a shiny toy, or give to charity. 3. No, there are a lot of people with a lot of money that haven't done bad things at all. My answers to the questions:

1. Money is neither good or evil. I skipped over the rest of the article (sorry Flexo) and wrote that I view it like a hammer. Since that’s nearly exactly what Flexo wrote, I deleted it. I just wish he had put a reference to the hammer being silver and belonging to Maxwell.

2. Money equals freedom to me. With money, I’m free to do things that I want whether it’s retire, help a friend of relative, buy a shiny toy, or give to charity.

3. No, there are a lot of people with a lot of money that haven’t done bad things at all.

]]> By: Janine Bolon http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-115900 Janine Bolon Tue, 19 Jun 2007 15:24:00 +0000 http://www.consumerismcommentary.com/2007/06/19/battle-of-the-riches-good-vs-evil-which-side-is-money-on/#comment-115900 Flexo: Thank you for reviewing the book as well as posting the article. You mentioned taxes in your review of the book and I would like to address that for your readers. When you apply the 40/60 principle to your money (It is 60/40 for adults), you do that with the money that is available for your use. Since Uncle Sam is so good at taking his share right off the top, you make the calculations based on your net income not your gross. I hope that helps a bit. If you or any of your readers have questions on these points, please email me through my web site and I will answer them as soon as possible. Flexo:

Thank you for reviewing the book as well as posting the article. You mentioned taxes in your review of the book and I would like to address that for your readers. When you apply the 40/60 principle to your money (It is 60/40 for adults), you do that with the money that is available for your use. Since Uncle Sam is so good at taking his share right off the top, you make the calculations based on your net income not your gross.

I hope that helps a bit. If you or any of your readers have questions on these points, please email me through my web site and I will answer them as soon as possible.

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