Comments on: How much windfall to spend? http://7million7years.com/2009/06/08/how-much-windfall-to-spend/ How to make 7 million in 7 years ... Thu, 24 May 2012 09:20:05 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Adrian http://7million7years.com/2009/06/08/how-much-windfall-to-spend/comment-page-1/#comment-2984 Adrian Tue, 09 Jun 2009 16:14:49 +0000 http://7million7years.com/?p=2638#comment-2984 @ Jason - That article says that they are the 'best' ... maybe, they meant 'best of the worst'?! :P @ Jason – That article says that they are the ‘best’ … maybe, they meant ‘best of the worst’?! :P

]]> By: Jason Dragon http://7million7years.com/2009/06/08/how-much-windfall-to-spend/comment-page-1/#comment-2986 Jason Dragon Tue, 09 Jun 2009 07:20:02 +0000 http://7million7years.com/?p=2638#comment-2986 I totally agree. Even though I have debt and bills and such, when I get unexpected money I give my wife 10% of it and I take 10% of it and we go shopping, usually that day or soon after. I know it is not smart but it makes me keep going and keeps her happy on those days where I am running all day long. BTW....none of those "cities" on that list were very large. I happen to think that my home town, Phoenix, is a great place to invest right now. I totally agree. Even though I have debt and bills and such, when I get unexpected money I give my wife 10% of it and I take 10% of it and we go shopping, usually that day or soon after. I know it is not smart but it makes me keep going and keeps her happy on those days where I am running all day long.

BTW….none of those “cities” on that list were very large. I happen to think that my home town, Phoenix, is a great place to invest right now.

]]> By: Adrian http://7million7years.com/2009/06/08/how-much-windfall-to-spend/comment-page-1/#comment-2987 Adrian Mon, 08 Jun 2009 23:26:44 +0000 http://7million7years.com/?p=2638#comment-2987 @ My Journey - Absolutely! I think it's always important to reward yourself for success .... take a look at the example which shows you how to ensure that you DO apply virtually 100% of a pay increase towards your debt, but it still FEELS like you've been very generous with yourself (because you spend most of the first week's increase, a little less of the second week's, and so on ...). On the other hand, if it's a one-off windfall, then you want to apply more than 50% towards your debt (but, Ramit says no more than 75% ... and, I tend to agree) @ My Journey – Absolutely! I think it’s always important to reward yourself for success …. take a look at the example which shows you how to ensure that you DO apply virtually 100% of a pay increase towards your debt, but it still FEELS like you’ve been very generous with yourself (because you spend most of the first week’s increase, a little less of the second week’s, and so on …).

On the other hand, if it’s a one-off windfall, then you want to apply more than 50% towards your debt (but, Ramit says no more than 75% … and, I tend to agree)

]]> By: My Journey http://7million7years.com/2009/06/08/how-much-windfall-to-spend/comment-page-1/#comment-2988 My Journey Mon, 08 Jun 2009 13:13:28 +0000 http://7million7years.com/?p=2638#comment-2988 AJC, Do you think this post/idea still applies if you have consumer debt? or at the very very early states of 101? AJC,

Do you think this post/idea still applies if you have consumer debt? or at the very very early states of 101?

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