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Old 01-31-2012, 03:10 PM  
raymor
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Join Date: Oct 2002
Posts: 3,745
Quote:
Originally Posted by arock10 View Post
Not to knock your story, but any idea how many people get rich like this versus the amount of people that are simply born into wealth?
I looked it up. 80% are first generation millionaires:
http://finance.yahoo.com/news/pf_article_110333.html

Of the other 20%, most LEARNED good habits from their parents, doing what their parents did, and earned their own wealth.
Just as some kids learn from their parents that spending $25 / week on lottery tickets is normal, others learn that saving $25 starting from their very first pay check is normal.

Very, very few, hundreds of people in the US, inheirit a bunch of wealth and never work.

Some, like myself, are "born into wealth" in that I was born into a family that taught me good habits and such.
Still, I decided I'd rather smoke pot and quit school. I ended up living in the woods, under a tarp. I had a dirt floor
just like my dad did when he was growing up. That was the result of my choices, of course, and the (lack of) effort I put in.

Later, I worked 60 hours a week while going to college. Then I worked 65 hours a week building a business.
At work, I'm now called "sir". That's also due to my decisions and the effort I put in.
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Last edited by raymor; 01-31-2012 at 03:22 PM..
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