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.
Cold hard truth...
August 17th, 2014 at 06:19 pm
August 17th, 2014 at 06:51 pm 1408301483
August 17th, 2014 at 10:55 pm 1408316127
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.)
August 18th, 2014 at 03:09 pm 1408374598
August 18th, 2014 at 05:23 pm 1408382607
August 18th, 2014 at 09:04 pm 1408395847
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.
BOO!
August 18th, 2014 at 09:24 pm 1408397041