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Originally Posted by NotMVH
I am trying to become a multimillionaire before I reach 40.
How does that make you feel? Does it change your opinion of me? What do you think about the acquisition of wealth?
Wealth is a form of freedom. Beyond simply being able to own and posses but being able to not have to commit, not have to live frugaly, not have to budget or restrain. I see nothing wrong morally of philosophicaly with making the attaiment of wealth a life long goal.
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Assuming of course that your pursuits are legal and ethical I'd suggest you read "The Millionaire Next Door".
You would not recognize most of the people who are wealthy as millioaires. While it's possible that they can live the non-frugal lifestyle, that's now how they aquired wealth in that capacity in the frist place. They (and this is typically now) do not drive new cars, they live in homes that cost less than $300,000, and they all save money and invest on regular intervals meaning every pay day a portion of their earnings go into their pocket first before paying thier bills. On the subject of bills they have also not run up huge credit card or other revolving credit that has prevented them from being able to save.