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01-31-2014, 10:32 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Bay Area
Posts: 2,745
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Rags to Rich stories ...
Would love to hear your own rags to rich stories. It'd be inspiring for others dreaming of FIRE. It's your chance to boast .
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02-01-2014, 08:02 AM
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#2
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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You go first
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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02-01-2014, 08:07 AM
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#3
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,593
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Quote:
Originally Posted by robnplunder
Would love to hear your own rags to rich stories. It'd be inspiring for others dreaming of FIRE. It's your chance to boast .
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I never made it to riches, but I remember heating cans of beans up on a steam radiator in a run down flat.
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02-01-2014, 08:31 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Still wearing rags...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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02-01-2014, 08:48 AM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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Yep, me too. I like my old jeans and tee shirts. Don't think I'd be mistaken for homeless, yet.
In regard to things we used did to survive. The one that comes to mind was lunches. For a couple of years DW and I would pack braunschweiger and onion sandwiches for lunch. Neither one of us really liked it, but it was the cheapest thing we could find to eat. Haven't had any since that time, maybe a roll might find its way home. It might be a eye - opener.
MRG
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02-01-2014, 08:54 AM
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#6
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Administrator
Join Date: Apr 2006
Posts: 22,923
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Started with nothing. Still got most of it left.
__________________
Living an analog life in the Digital Age.
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02-01-2014, 08:59 AM
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#7
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Recycles dryer sheets
Join Date: Aug 2013
Posts: 349
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CTO for a startup in 1995, employee #3. By 1999 my share was close to 5 million based on what we received in mezzanine financing. After the .com bubble burst I sold my stock for 200k.
Riches to rags.
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02-01-2014, 09:01 AM
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#8
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,518
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As far back as I can remember, I always wanted to be a gangster...
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02-01-2014, 11:00 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Midwest
Posts: 2,960
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Quote:
Originally Posted by aja8888
I never made it to riches, but I remember heating cans of beans up on a steam radiator in a run down flat.
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I remember "cooking" Cup o' Noodles with hot tap water
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02-01-2014, 11:04 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Feb 2011
Posts: 1,795
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I suspect most of the stories on here would be-
-Learned a useful skill/trade/profession/etc.
-W#rked hard
-LBYM
-Disciplined savings
-Invested well
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02-01-2014, 11:06 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,321
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Quote:
Originally Posted by robnplunder
Would love to hear your own rags to rich stories. It'd be inspiring for others dreaming of FIRE. It's your chance to boast .
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You're not writing a book/article, by any chance, are you?
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
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02-01-2014, 11:17 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,321
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When I were a kid, there were a hundred and fifty of us living in t' shoebox in t' middle o' road..................................
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
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02-01-2014, 11:17 AM
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#13
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Rags to Rich stories ...
Quote:
Originally Posted by Gumby
Started with nothing. Still got most of it left.
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We actually have twice as much nothing.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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02-01-2014, 11:36 AM
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#14
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 295
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Quote:
Originally Posted by robnplunder
Would love to hear your own rags to rich stories. It'd be inspiring for others dreaming of FIRE. It's your chance to boast .
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I have moved up the wealth distribution curve, but "rich"always seems to be "twice what I have".
Not all that wear rags find riches, but for those who do, it seems to be a three generations cycle.
http://www.oxfordreference.com/view/...10803095618608
https://www.corpmagazine.com/special...ree-generation
I don't expect to pass on wealth to a second generation, having no kids, and I never received any myself. Someone or group will get my remainder.
The problem I see with the first generation up the latter is; the spending down of assets made during a life of building up, feels like failure for a reward. Need to figure this part out during my retirement.
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02-01-2014, 11:49 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
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This post may be deleted, proves I have fat fingers
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02-01-2014, 11:59 AM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,806
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Quote:
Originally Posted by Major Tom
When I were a kid, there were a hundred and fifty of us living in t' shoebox in t' middle o' road..................................
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Looooxureeee!
-ERD50
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02-01-2014, 12:15 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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We know lots couples our age with similar jobs who have significant job and money worries, so I think the bottom line really for us just has to be a LBYM lifestyle.
We have close friends (people we met outside of work) who also retired early and probably made half of what a lot of our former co-workers made, so the difference really is not so much in what they made in income but what they saved from what they made. The people who had modest incomes retired to a resort area and spend all their free time on travel, clubs and volunteer work. Many of the former co-workers who made more are still working, hate their jobs, and are worried about getting outsourced.
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02-01-2014, 12:29 PM
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#18
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,518
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02-01-2014, 12:48 PM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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As a kid we were so poor, only the boys had anything to play with.
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02-01-2014, 01:12 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 3,430
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