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Ipad
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Username: Ipad

Post Number: 82
Registered: 03-2011
Posted From: 12.10.219.164

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Posted on Friday, May 20, 2011 - 11:23 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Shivavishnu:



Babai - Indulo all 10 points are followed by Desis, except 2 and 3 becuase they cannot afford unless until few years

- I donot agree that Mill does lot of charity ? It is not universal

I agree with one think if you clear all CC debts and use only cash / db card we are really good. But some people rotate money on CC to India (1 year int free cards etc). It is like gambling
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Basky_indya
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Username: Basky_indya

Post Number: 25754
Registered: 10-2007
Posted From: 76.187.247.121

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Posted on Friday, May 20, 2011 - 10:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

if you want to lead luxurious life as a millionarie,

one should race ahead with time..... exponentially.

lekuntey, Nayapaisa-Rs-Thousands-Lakhs-Millions ila vuntadi as every century progresses
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Telugu_times
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Username: Telugu_times

Post Number: 22915
Registered: 02-2008

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Posted on Friday, May 20, 2011 - 10:03 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

steps follow ayi, Books sadhivi....Millionnaires ayyedhuntay....
every finance/commerce graduate millionnaires ayyunday vaallu
universities lo, 80/90K ki, economics professors teaching seyyaru, lol
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Jcgaru
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Username: Jcgaru

Post Number: 2882
Registered: 01-2011
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Posted on Friday, May 20, 2011 - 09:56 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

work more, earn more and spend more
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Oohlala
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Username: Oohlala

Post Number: 994
Registered: 09-2008
Posted From: 64.102.249.9

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Posted on Friday, May 20, 2011 - 09:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Anand_n:

so millionaire is no longer a privilege, it has become a necessity




that scares me.....and apparently both medicaid and social security funds are expected to run short sooner than expected
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Anand_n
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Username: Anand_n

Post Number: 9432
Registered: 02-2008
Posted From: 70.120.91.149

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Posted on Friday, May 20, 2011 - 09:35 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jujung:

edo 20-30 yrs ayyaka aa savings tho millionaire in name avvachemo but by that time including inflation and all, it wouldn't amount to much emo ani naa doubt.




If you do your retirement calculation using any of the financial planning calculators - they will tell you that you need to have a a few million in assets at retirement to be able to live out your life expectancy in a moderately good lifestyle - so millionaire is no longer a privilege, it has become a necessity :-)
aa chal ke tujhe main leke chalu ik aise gagan ke tale
jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale
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Oohlala
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Username: Oohlala

Post Number: 993
Registered: 09-2008
Posted From: 64.102.249.9

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Posted on Friday, May 20, 2011 - 09:34 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jujung:

i doubt anybody becomes truly wealthy be being just good savers.




yeah, I guess the author wants to promote living frugally and probably thinks that he will get a lot more attention and adoption by talking about how to become a millionaire rather than about living within our means.
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Jujung
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Username: Jujung

Post Number: 278
Registered: 02-2010
Posted From: 68.45.60.104

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Posted on Friday, May 20, 2011 - 09:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

ok genuine ques.
what is the point of becoming a millionaire if we are going to lead a frugal life anyways? i doubt anybody becomes truly wealthy be being just good savers.

edo 20-30 yrs ayyaka aa savings tho millionaire in name avvachemo but by that time including inflation and all, it wouldn't amount to much emo ani naa doubt.
The folly of mistaking a paradox for a discovery, a metaphor for a proof, a torrent of verbiage for a spring of capital truths, and oneself for an oracle, is inborn in us.- Paul Valery
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Ishan
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Username: Ishan

Post Number: 9074
Registered: 01-2009

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Posted on Friday, May 20, 2011 - 08:42 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:

AArogyame Maaha Bhagyamu. if your are heale healthy and get a good death,

its 100times Millionaire equal.


This is very true, once oka age vachaaka like 40+, anni diseases vache chances vuntaayi...diabetes, BP, etc etc...entha money vunna mental peace vundadu...so taking care of health must be the top priority...too much expenditure kaakundaa...decently luxurious life gadapadaniki kavalsina money save cheskunte saripothundi....why do we need a BMW for daily commuting? kaavaalante edanna vacation or long drive poyetappudu hire cheskuni velthe saripothundi....doola teerchukodanki...

but mana ante indians tho main problem is we are big time show-offs...
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Dreamcatcher
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Username: Dreamcatcher

Post Number: 1767
Registered: 11-2009
Posted From: 208.86.145.68

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Posted on Friday, May 20, 2011 - 01:18 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

This is just one way to become a millionaire. Like Mr. Hyd said once, think on the lines of making your savings work for you.
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Shivavishnu
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Username: Shivavishnu

Post Number: 795
Registered: 10-2010
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Posted on Friday, May 20, 2011 - 01:16 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Like Mav, except 3 everything else....no millions, however no debt too.....//

I have mentioned just how most Most Millionaires lead life.

1. They start/plan saving money very early in their life. They start investing in retirements like 401K etc very early.
2. They save money by various ways like cutting down lot of unnccessary expenses, they don’t buy all latest electronic goods as soon as they come to market,
they shop thoroughly to get low premium insuranaces(auto, house, life, health etc) whatever the money they saved by cutting down the expenses they invest it in
saving accounts, bonds, mutual funds which got minimum risk

3. Basically they plan, work hard, don’t waste, give respect for money, give lot of value to even one dollar.
4. Basically it is not how much you earn matters, it is basically how much you save of each pay check and how you invest that savings matters
Om Namah Shivaya.....Om Namo Narayanaaaya....
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Oohlala
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Username: Oohlala

Post Number: 991
Registered: 09-2008
Posted From: 64.102.249.9

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Posted on Friday, May 20, 2011 - 01:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Basky, that goes without saying.....
Bunty, lol
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Basky_indya
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Username: Basky_indya

Post Number: 25691
Registered: 10-2007
Posted From: 76.187.247.121

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Posted on Friday, May 20, 2011 - 01:02 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

AArogyame Maaha Bhagyamu. if your are heale healthy and get a good death,

its 100times Millionaire equal.

You may think I am mad fellow, but later everyone will realize.
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Bunty717
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Username: Bunty717

Post Number: 16797
Registered: 02-2008

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Posted on Friday, May 20, 2011 - 01:02 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

money undi.. jc penny or simple lifestyle lead cheste mil avutaamu ani..
afford cheyaleka.. jc penny lo shopping cheste avamu anukuntaa..


OT's own dialog: Pativrate kaani, gokite vastundi
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Oohlala
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Username: Oohlala

Post Number: 990
Registered: 09-2008
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Posted on Friday, May 20, 2011 - 12:53 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Like Mav, except 3 everything else....no millions, however no debt too.....
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Kamal
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Username: Kamal

Post Number: 25637
Registered: 08-2009
Posted From: 64.64.32.4

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Posted on Friday, May 20, 2011 - 12:48 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

Sagam mandhi millionaires house less than 320k anta



320K ante .. more than 1 crore kada saami .. i think inka takkuva ki (than 320k) kuda konachu anukunta ..
Tarali raada tane vasantam .. tana dariki raani vanaala kosam ..
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Twitter
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Post Number: 9160
Registered: 10-2009
Posted From: 151.191.175.206

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Posted on Friday, May 20, 2011 - 12:45 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:



3. Choose the Right Career
this is purely hypothetic .Generally most of the individuals realizes that this is not his right career in half the way where there are no turns possible. JMO.
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Anand_n
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Username: Anand_n

Post Number: 9422
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Posted on Friday, May 20, 2011 - 12:44 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Spy_india:

all 6 points match but no millions




Ditto here :-)
aa chal ke tujhe main leke chalu ik aise gagan ke tale
jahan gam bhi na ho, aansoo bhi na ho,bas pyaar hi pyaar pale
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Zingthing
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Username: Zingthing

Post Number: 327
Registered: 01-2011
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Posted on Friday, May 20, 2011 - 12:39 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Spy_india:

all 6 points match but no millions



aite first point gurichi meeru serious ga think cheyyaali. LOL. j/k
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Kamal
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Username: Kamal

Post Number: 25635
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Posted on Friday, May 20, 2011 - 12:38 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

good thread ..

Onlytruth:

in generalised sense we know it but worth summarizing again



for sure ..
Tarali raada tane vasantam .. tana dariki raani vanaala kosam ..
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Spy_india
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Username: Spy_india

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Posted on Friday, May 20, 2011 - 12:37 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Shivavishnu:




all 6 points match but no millions :-(
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Xxx
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Username: Xxx

Post Number: 1530
Registered: 04-2009
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Posted on Friday, May 20, 2011 - 12:33 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Maverick:

except 3, i am following others..mana visa status valla adi risk cheyyalekapotunna






consider yourself very lucky! Once you get GC don't buy a house as first thing! Now people who bought lost equity and also you are not flexible, you cannot move becasue of the house!
naa ishtam ...antha mee ishtam babu doraa
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Bunty717
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Maverick:

except 3, i am following others..mana visa status valla adi risk cheyyalekapotunna




mari inka enni yrs lo mil're ayipotaavu..
OT's own dialog: Pativrate kaani, gokite vastundi
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Maverick
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Username: Maverick

Post Number: 27541
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Posted on Friday, May 20, 2011 - 12:28 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

except 3, i am following others..mana visa status valla adi risk cheyyalekapotunna
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Redbull
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Username: Redbull

Post Number: 403
Registered: 03-2009
Posted From: 195.43.48.145

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Posted on Friday, May 20, 2011 - 12:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

few extracts from book here too

http://www.nytimes.com/books/first/s/stanley-millionaire.htm l
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Ntr_rocks
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Post Number: 22710
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Posted on Friday, May 20, 2011 - 12:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Methhanithodugu:


Ki ki ki..OT thread vesaduu anagane nenu ade anukuni vacha..lol
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Onlytruth
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Username: Onlytruth

Post Number: 80096
Registered: 01-2007
Posted From: 174.252.55.8

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Posted on Friday, May 20, 2011 - 12:20 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Shiva

Your First point simple but very effective
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Methhanithodugu
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Username: Methhanithodugu

Post Number: 10119
Registered: 12-2008
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Posted on Friday, May 20, 2011 - 12:18 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Jagan emaina book/article reshaada ani bittara poya ...


addala Meda
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Shivavishnu
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Username: Shivavishnu

Post Number: 790
Registered: 10-2010
Posted From: 12.47.15.38

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Posted on Friday, May 20, 2011 - 12:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I have red the book The Millionaire Next Door.

From the book

1. Most Millionaires dont buy BMW, Mercedez cars, most people who drive BMW are not millionaries.

2. Most Millionaires dont have credit cards, dont take loans, buy everything with debit card.

3. Most Millionaires dont rent home, they buy home ASAP. Mortgage is their only loan that too they pay very quickly, bisically they dont like paying any interest.

4. Most Millionaires shop in JCPenny, Sears, they dont go to costly shops.

5. Most Millionaires go to Church regularly, they do lot of charity.

6. You can not recognize Most Millionaires by looking at them , they lean very ordinary life.
Om Namah Shivaya.....Om Namo Narayanaaaya....
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Onlytruth
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Username: Onlytruth

Post Number: 80095
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Posted on Friday, May 20, 2011 - 12:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Sagam mandhi millionaires house less than 320k anta
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Redbull
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Username: Redbull

Post Number: 402
Registered: 03-2009
Posted From: 195.43.48.145

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Posted on Friday, May 20, 2011 - 12:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:




4 and 5 are really good.. consumerism manalni thinestondhi...latest phones, high end clothing brands can be certaintly avoided...
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Onlytruth
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Username: Onlytruth

Post Number: 80092
Registered: 01-2007
Posted From: 67.159.44.97

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Posted on Friday, May 20, 2011 - 12:01 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://financiallyfit.yahoo.com/finance/article-112626-9481- 5-5-easy-steps-to-becoming-a-millionaire?ywaad=ad0035&nc

point 1 is irrelevant to us, rest are good... in generalised sense we know it but worth summarizing again

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