Author Topic: Texas Heritage for Living: "Build Your Nest Egg Now"  (Read 2148 times)

Joggernot

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Texas Heritage for Living: "Build Your Nest Egg Now"
« on: August 20, 2014, 07:33:30 AM »
Found this article and thought I'd share the link with you.  There are some Mustachian items listed.

http://www.wealthenhancement.com/documents/media/2014/WEG%20Texas%20Heritage%20Living%20Bruce%20Helmer%203-10-14.pdf

sirdoug007

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Re: Texas Heritage for Living: "Build Your Nest Egg Now"
« Reply #1 on: August 20, 2014, 08:55:29 AM »
Reading this makes me understand why people get so confused by personal finance advice.

They basically tell you to do many conflicting things at once with no sense of priority or importance.

Payoff your credit card debt.
Contribute to your 401(k).
Contribute to your Roth IRA.
Buy cash value life insurance (riddled with fees of course!).
Spend some of your tax return check.

And a Merrill Lynch Wealth Management VP really thinks rounding up checks to the nearest dollar is going to get people on the right track?  Really???

So, thoroughly confused, the poor reader goes back to the old consumer habits that make them feel better, even if only for a few minutes.

I think it's good to have personal finance in these types of magazines, and don't mean to be negative about your recommendation to read it, but it drives me crazy when articles that are supposed to help make personal finance so hard.



slugline

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Re: Texas Heritage for Living: "Build Your Nest Egg Now"
« Reply #2 on: August 20, 2014, 09:23:54 AM »
I think it's good to have personal finance in these types of magazines, and don't mean to be negative about your recommendation to read it, but it drives me crazy when articles that are supposed to help make personal finance so hard.

Maybe that's because the magazine-article format might communicate best to those who pretty much have their act together already. For those that need financial orientation from the ground up, I think a handful of good books are the better bet.

soccerluvof4

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Re: Texas Heritage for Living: "Build Your Nest Egg Now"
« Reply #3 on: August 20, 2014, 09:33:12 AM »
To the OP's defense he didn't say it was a do-all he simply said #there are some Mustachian ways listed" in the article. While I agree alot of it is bs in the overall article as most articles it does suggest that you can read and do it yourself as well as other Mustachian ways.

 

Wow, a phone plan for fifteen bucks!