Comments on: Travesty of the Debt Snowball aka Hello World

By: Enjoy What You Buy, Increase Your Income, Create A TV Show

Enjoy What You Buy, Increase Your Income, Create A TV Show — Mon, 17 Nov 2008 00:39:34 +0000

[...] Loan: Some interesting view points here about the advantages of leveraging. I agree with Kevin that increasing one’s income and leveraging debt properly may actually help you grow wealth more effectively than if you were [...]

By: The Smarter Wallet

The Smarter Wallet — Mon, 17 Nov 2008 00:30:23 +0000

Totally agree with you here.

Coming from Silicon Valley like RichLeverage and Lazy Man, I can see why we’re particularly biased about this way of growing wealthy. Creating and investing in businesses (and leveraging debt responsibly) are the most powerful ways to become wealthy, a formula used repeatedly by successful entrepreneurs in the valley.

By: ToughMoneyLove

ToughMoneyLove — Sun, 10 Aug 2008 17:28:42 +0000

Just found your blog. Your background sounds similar to mine although I quit the country club and have no aspirations of fractional jet ownership (although I own multiple boats!) I have to say that my approach to wealth building has been closer to what you say you dislike. For me wealth comes first followed by collecting toys (e.g., boats). I would be interested in your age, and posts on your net worth and how much of it is liquid. It would make for an interesting comparison. Keep up the good work.

By: Living Off Dividends & Passive Income

Living Off Dividends & Passive Income — Mon, 12 May 2008 05:07:40 +0000

finally, something different – I’m curious to see how this develops.

By: RichLeverage

RichLeverage — Sun, 11 May 2008 18:38:06 +0000

@LazyMan

Thanks for stopping by. You are welcome for the link.

I don’t mean to sound glib when I disparage frugality, just that my emphasis will be in income production rather than savings.