Comments on: 7 Attributes Of High Net Worth Individuals http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html Personal finance topics including budgeting, debt elimination and faith based investing. Tue, 09 Mar 2010 18:35:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Matt Jabs http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-10154 Matt Jabs Thu, 08 Oct 2009 14:40:53 +0000 http://www.biblemoneymatters.com/?p=3872#comment-10154 In His Word God tells us to manage our money wisely. Management requires time spent setting and achieving goals. In the famous parable of the talents (Matthew chapter 25) Christ tells us that he servant who buried his talents in hopes that they would grow did not multiply them and actually had them stripped away. It was the two servants to spent time managing their talents who were blessed of God. .-= Matt Jabs´s last post ..<a href="http://www.debtfreeadventure.com/2009/10/credit-cards-close-em-shred-em-forget-em/" rel="nofollow">Credit Cards – Close ‘em Shred ‘em & Forget ‘em!</a> =-. In His Word God tells us to manage our money wisely. Management requires time spent setting and achieving goals.

In the famous parable of the talents (Matthew chapter 25) Christ tells us that he servant who buried his talents in hopes that they would grow did not multiply them and actually had them stripped away. It was the two servants to spent time managing their talents who were blessed of God.
Matt Jabs´s last post ..Credit Cards – Close ‘em Shred ‘em & Forget ‘em!

]]> By: Weekly Roundup: What Do Sexy Budgets And Chuck Norris Have In Common - StumbleForward.com http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-9223 Weekly Roundup: What Do Sexy Budgets And Chuck Norris Have In Common - StumbleForward.com Sat, 22 Aug 2009 12:06:06 +0000 http://www.biblemoneymatters.com/?p=3872#comment-9223 [...] Money Matters with 7 Attributes Of High Net Worth Individuals.  If you want to have a high net worth and not some fake social status then you will defiantly [...] [...] Money Matters with 7 Attributes Of High Net Worth Individuals.  If you want to have a high net worth and not some fake social status then you will defiantly [...]

]]> By: Peter http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-9154 Peter Thu, 20 Aug 2009 00:25:51 +0000 http://www.biblemoneymatters.com/?p=3872#comment-9154 I'm currently reading the millionaire mind. Expect a post on that one soon!

I’m currently reading the millionaire mind. Expect a post on that one soon!

]]> By: American Banking News http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-9152 American Banking News Wed, 19 Aug 2009 23:40:16 +0000 http://www.biblemoneymatters.com/?p=3872#comment-9152 I love the millionaire next door. The followup, "The Millionaire Mind" is also a great read too. .-= American Banking News´s last blog ..<a href="http://feedproxy.google.com/~r/AmericanBankingNews/~3/GqB0jdydmFU/" rel="nofollow">Editorial: Why it’s in the Public Interest for the Fed to be Audited</a> =-. I love the millionaire next door. The followup, “The Millionaire Mind” is also a great read too.
American Banking News´s last blog ..Editorial: Why it’s in the Public Interest for the Fed to be Audited

]]> By: Steve http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-9128 Steve Wed, 19 Aug 2009 13:22:34 +0000 http://www.biblemoneymatters.com/?p=3872#comment-9128 I like the point that they did have to take some calculated risks. I took one about a year and a half ago, which included purchasing my first rental property with a business partner. Of course, the risks have to be balanced out with all the other Biblical principles, especially that of being debt free. That is the area I am now working on, along with giving the full amount of the tithe. .-= Steve´s last blog ..<a href="http://feedproxy.google.com/~r/blogspot/SuccessFactors/~3/awqb_GVecV0/how-to-stand-out-from-crowd.html" rel="nofollow">How to STAND OUT From the Crowd</a> =-. I like the point that they did have to take some calculated risks. I took one about a year and a half ago, which included purchasing my first rental property with a business partner. Of course, the risks have to be balanced out with all the other Biblical principles, especially that of being debt free. That is the area I am now working on, along with giving the full amount of the tithe.
Steve´s last blog ..How to STAND OUT From the Crowd

]]> By: Yellowstone Trip Weekly Round Up http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-9084 Yellowstone Trip Weekly Round Up Mon, 17 Aug 2009 04:49:54 +0000 http://www.biblemoneymatters.com/?p=3872#comment-9084 [...] 7 Attributes of High Net Worth Individuals at Bible Money Matters [...] [...] 7 Attributes of High Net Worth Individuals at Bible Money Matters [...]

]]> By: IndianaTeacher http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-9017 IndianaTeacher Fri, 14 Aug 2009 17:36:25 +0000 http://www.biblemoneymatters.com/?p=3872#comment-9017 BD, I am completely debt-free (incl. the house), above the average (and way above the median) net worth for my age and income - and I am a high school teacher. It can be done. Yes, you have to earn a decent amount of money, but it is what you keep that really matters. The book that influenced me the most was not the MND, but Your Money or Your Life (by Vicky Robin and the late Joe Dominguez). Their basic premise is to find the amount of money that is "enough" for you; once you find that and live on that amount, you are content. What more can we ask for? BD, I am completely debt-free (incl. the house), above the average (and way above the median) net worth for my age and income – and I am a high school teacher. It can be done. Yes, you have to earn a decent amount of money, but it is what you keep that really matters. The book that influenced me the most was not the MND, but Your Money or Your Life (by Vicky Robin and the late Joe Dominguez). Their basic premise is to find the amount of money that is “enough” for you; once you find that and live on that amount, you are content. What more can we ask for?

]]> By: BD http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-8992 BD Fri, 14 Aug 2009 03:11:37 +0000 http://www.biblemoneymatters.com/?p=3872#comment-8992 I think that while most of the points are correct, #7 has contradictions within itself, unfortunately. It said: "You just have to choose a career that will provide a reasonably decent income...." and then, the very next sentence says "Find a career that you enjoy, work hard at it, and live frugally – and you can build a large net worth." Well, if the career that you enjoy and work hard at happens to be something like Art, then it's very unlikely you'll have 'reasonably decent income'. Sometimes the job/career you LIKE and the one that actually pays a LIVING WAGE are in complete odds with each other. Also, is Attribute #2 at odds with living life as a Christian? Sometimes it takes a lot of time and effort to build wealth and manage it, and that can cut into time for God. When does the quest to build and manage money become a 'god'? How will we ever know if we subtly shift over to serving mammon and not God? :( I think that while most of the points are correct, #7 has contradictions within itself, unfortunately. It said: “You just have to choose a career that will provide a reasonably decent income….” and then, the very next sentence says “Find a career that you enjoy, work hard at it, and live frugally – and you can build a large net worth.”

Well, if the career that you enjoy and work hard at happens to be something like Art, then it’s very unlikely you’ll have ‘reasonably decent income’. Sometimes the job/career you LIKE and the one that actually pays a LIVING WAGE are in complete odds with each other.

Also, is Attribute #2 at odds with living life as a Christian? Sometimes it takes a lot of time and effort to build wealth and manage it, and that can cut into time for God. When does the quest to build and manage money become a ‘god’? How will we ever know if we subtly shift over to serving mammon and not God? :(

]]> By: Kyle http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-8990 Kyle Fri, 14 Aug 2009 02:42:17 +0000 http://www.biblemoneymatters.com/?p=3872#comment-8990 Based on these points I look forward to my imminent wealthiness. These types of people know that just because you can afford to live a $2 million house doesn't mean you should. And those people should move in next to me, and buy the beer for poker night... ;-) .-= Kyle´s last blog ..<a href="http://feeds.suburbandollar.com/~r/SuburbanDollar/~3/k9wfn2m1qZ8/" rel="nofollow">Managing a Checking Account</a> =-. Based on these points I look forward to my imminent wealthiness. These types of people know that just because you can afford to live a $2 million house doesn’t mean you should. And those people should move in next to me, and buy the beer for poker night… ;-)
Kyle´s last blog ..Managing a Checking Account

]]> By: Torrey http://www.biblemoneymatters.com/2009/08/7-attributes-of-high-net-worth-individuals.html/comment-page-1#comment-8986 Torrey Thu, 13 Aug 2009 19:51:27 +0000 http://www.biblemoneymatters.com/?p=3872#comment-8986 #1 is always key to me. I have struggled this week with the decision to pay $2K to get my 11 year-old, 157K miles car fixed. I can easily afford to upgrade but would cost more. Although the car would be nicer to look at, I'm more worried about meeting other financial goals and living under my means for a better future. .-= Torrey´s last blog ..<a href="http://www.mensplaybook.com/relationships/8-ways-to-have-a-healthy-marriage/" rel="nofollow">8 Ways to Have A Healthy Marriage</a> =-. #1 is always key to me. I have struggled this week with the decision to pay $2K to get my 11 year-old, 157K miles car fixed. I can easily afford to upgrade but would cost more. Although the car would be nicer to look at, I’m more worried about meeting other financial goals and living under my means for a better future.
Torrey´s last blog ..8 Ways to Have A Healthy Marriage

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