Quote:
Originally Posted by noppenbd
The fact is that most households in this country make less than $60K, and will do just fine with a paid-off house, no debt, and modest retirement savings, assuming SS does not completely fail. For those people, DR's advice is a godsend. For others, taking his advice is not going to be the ideal path, but it is not a bad one, IMO.
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I generally agree with this sentiment. Most Americans are doing very little of what they should be doing. Even though I prefer investing over prepaying the mortgage, I'd much rather see someone prepaying their mortgage instead of blowing money at the mall or paying $150/month for super-premium HD cable TV.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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