Comments on: Finally Revealed! The MOST important Making Money 101 lesson of them all …

By: Do you respect your money? « The Business Blog @ Capital Active

Do you respect your money? « The Business Blog @ Capital Active — Thu, 02 Jul 2009 08:07:51 +0000

[...] you respect your money? The other day Adrian posted a great blog entry that really got me thinking. His idea is that the number one most important lesson to be learned [...]

By: Adrian

Adrian — Wed, 01 Jul 2009 06:45:18 +0000

@ Jason – Yes. It was actually a ’surprise’ to me when I made this realization … I am not know for sifting through clearance racks, myself.

By: Jason Dragon

Jason Dragon — Tue, 30 Jun 2009 23:18:16 +0000

Yes, this is the key. So many people have no respect for their money. Even when I had a lot of money I still found the best deals, use coupons, and passed on the $2 side of sour cream with my meal just because I know I can get a whole pound of the stuff for a buck at the store. To this day it has let me live much better than others on far less money. We still buy almost all clothes from the clearance rack, and yes I buy the winter clothes in May and the summer clothes in September. Just watch the average American shopper at the store or the restaurant.

By: RD @ eMoneyLog

RD @ eMoneyLog — Fri, 26 Jun 2009 05:46:41 +0000

Nice look to the site, better than the basic one you had before.

By: Adrian

Adrian — Thu, 25 Jun 2009 05:30:28 +0000

@ Jeff – out of respect for you (and, my other readers) I moved to a self-hosted form of Wordpress

It’s much faster, with lots of cool, new features … but, some of my readers may need to re-register on the new hosting platform.

By: Steve

Steve — Thu, 25 Jun 2009 04:34:42 +0000

Lesson Learned and a Big Thanks for being here to help guide us all.

By: Jeff

Jeff — Thu, 25 Jun 2009 03:04:38 +0000

Nevermind, it seems my wordpress picture popped up after all.

By: Jeff

Jeff — Thu, 25 Jun 2009 03:03:44 +0000

Adrian, I’m onboard with the whole respect issue. I’m amazed at how many folks have little respect for money, property and people.

Showing some respect to each goes a long way to being wealthy in more ways than just the possession of money.

In the case of my new home in Boston, I’ve told my wife more times than I care to recall that “I can’t believe how little respect the prior owners had for this house.”

They showed it very little respect and it shows in the physical condition. That lack of respect bit them hard when it came time to sell. The owners tried to move the home for well over a year at prices close to $800K and even turned down several offers around $650K. Seems a bit greedy to me when you consider the fact that they built the house for $490K.

Obviously it didn’t work out for them because they lost the home and I bought it for $520K as a bank foreclosure.

Fortunately most of the “disrespect” was cosmetic in nature and I can start to see the profit potential now that I’ve painted and repaired walls in about a third of the house.

I think the “respect” my family is showing to this home will help move us closer toward our number.

Bottom line: A little respect (for anything) can go a long way.

On another note…Any idea why my Wordpress login is no longer registering properly with 7million7years? Have you moved away from Wordpress?

By: Scott

Scott — Wed, 24 Jun 2009 23:22:25 +0000

I think the fact he went through the trouble to do what he did to sell the items and ‘earn’ the money is exactly HOW he got rich in the first place and how he came to his conclusion about the most important tool – The respect for money.

It was never about the exact sum of money he earned, or whether it was small or large, it was that he had such a healthy respect and appreciation for ANY amount he could come up with and respected it the same as if it were $200,000.00. That’s WHY he attracted enough money to be wealthy in the first place.

I heard the lesson loud and clear Adrian, thanks for sharing it, i’ll put it to good use!

By: My Journey

My Journey — Wed, 24 Jun 2009 14:44:18 +0000

The deduction will never be worth as much as the unreported cash lol.

Cool story