Archive for 'Real Life Examples' Category
Cautionary Stories of Credit Card Debt Problems
16 August 2006For those of you who enjoy a more humanized example of why you shouldn’t be financially irresponsible, or if you just like hearing about people who are worse off than you are, BankRate.com has these stories from letters sent in by people who have serious debt problems. Some of the more interesting ones:
I was always [...]
Stories of Dot-Com Millionaires Who Lost it All
12 August 2006My 1st Million at 33 has highlighted an old post where he explained his story of making, and then losing, several million dollars because he couldn’t cash out his stock options in time. This prompted several others to chime in with comments on their own meteoric rises and falls, including one guy who was worth [...]
Story of a Couple Who Paid Off A House in 3 Years
8 August 2006From up north in Canada comes the story of a couple who paid off their $220,000 mortgage in three years. How’d they do it? The husband worked FOUR JOBS at the same time, allowing them to save 80% of their six figure income:
I got my first job as a crisis intervention worker before I even [...]
Farrah Gray: Inspirational Story of a Millionaire at Age 14
4 August 2006This story is inspirational in a couple of ways: a guy became a millionaire, at age 14, while living in the projects of Chicago. He’s an adult now, and still a successful businessman who has made even more money with his business ventures. ABC News did a profile of him here.
It sounds like he went [...]