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Cold hard truth...

August 17th, 2014 at 07:19 pm

Yesterday in nonfiction at our library was a book by Kevin O'Leary entitled, "The Cold Hard Truth On Men, Women, and Money." I read the book jacket, sounded good, and so I checked it out.

Let me preface this with I had no idea who Kevin O'Leary is. He is a business man who sold a company that I was familiar with since I'm in education. But I didn't realize he was on the Shark Tank.

But, after reading his book, I felt like we could be friends. He's similar to Larry Winget...he doesn't hold back, but he isn't as crude as Larry.

Most of what he had to say was common sense and I am, of course, kind of partial when he said women usually make the best investors.

One thing he pointed out, which most of us on SA already know, is people who spend Monday consistently on things like fancy coffees, lunches out, will have problems come retirement time. He said the folks in their 20s and 30s who have to spend big money on fancy coffees and lunches every day will probably be working pouring coffee or serving lunches into their 70s and beyond.

I finished the book in a couple of hours so it was an easy read. Nothing earth shattering, but good validation, especially when we sometimes need that in a society that is always pressuring us to keep up with someone.

Speaking of which, we were watching HGTV today. I said to my husband shows like Love it or list it and House Hunters probably make more homeowners dissatisfied with their homes than people who don't watch them. I know I've mentioned it before how frustrating it is to see these people who never ever want to compromise and have to have everything now. I really like my house. We have spent money to fix it up. I could have lived with some of the things, but we did update and remodel. But, we didn't take out loans to do it. We did it as we saved up for it. O'Leary mentioned that in his book too...people shouldn't be borrowing money to remodel if they don't have the money available to pay it back if something comes up. He said not to look at one's home as an investment because so many times the market fluctuates and one also has to figure in moving costs, closing costs, taxes.

6 Responses to “Cold hard truth...”

  1. doingitallwrong Says:

    The people on those HGTV shows drive me crazy, too. My theory -- which I dearly hope is correct -- is that the producers tell them to play it up for the show. I really hate to think there are that many people who are that demanding and/or closed-minded!

  2. ceejay74 Says:

    I think it is partly staged. At least I hope so. At the end they always end up picking a place they presumably had big problems with, and loving it. I'm sure they tell them to comment on every part of their wish list at every property, so they can edit at will.

    The one I REALLY hope is staged is Love It or List It. That show stresses me out, from the mean, critical clients to the huge decisions Hilary the designer makes supposedly without the owners' consent. If I gave someone $50K to fix my place, and they decided to add things to the wish list just because they had a little money left over, that would make me livid. (And that's one of the few things the owners don't freak out about on the show. It's really bizarre.)

  3. My English Castle Says:

    My niece confirms that House Hunters is staged. They applied for it, and were told they would have to have settled on a house before the show actually began showing them others. And what's with people rejecting the house because of appliances?

  4. ceejay74 Says:

    Apparently even Property Brothers is fake! "" has exposes of all three shows and the way they're staged.

  5. laura Says:

    You break my heart, people!!

    You know what I watch when I run an average of 15-25 miles per week? HGTV. My favorites? Love It or List It, Property Brothers, and House Hunters International.

    My delusion has melted. My bubble has burst. I will have to move onto another channel.


  6. ceejay74 Says:

    I'm really bummed about Property Brothers and House Hunters. I'd suspected the other one was fake, and I assumed these had a certain amount of staging/scripting, but I assumed they were at least being honest about the basic things that were going on in the show. It's so much less fun watching once you know it's all fake.

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