Comments on: A Few Of My Favorite Books

By: –› Happy Thanksgiving, Black Friday, and More!

–› Happy Thanksgiving, Black Friday, and More! — Thu, 26 Nov 2009 13:32:00 +0000

[...] A Few Of My Favorite Books [...]

By: Credit Girl

Credit Girl — Thu, 19 Nov 2009 01:16:55 +0000

I’ve read Outliers by Malcolm Gladwell and I can honestly say that it’s one of the best books I’ve ever read. Some of the things presented are just so surprising. If you enjoyed Outliers, you should definitely check out The Tipping Point as well. Both are great books!

By: Ron

Ron — Wed, 18 Nov 2009 12:09:45 +0000

Glad you enjoyed Outliers! I haven't read Tipping Point yet, but it's on my list.

By: Pamela

Pamela — Wed, 18 Nov 2009 05:09:11 +0000

Ok not to be simplistic - and not even to support public education (I am a homeschooling Mom of 18 years) BUT, Outliers points out an excellent reason to NOT send one's kids to school early. Actually, it makes a good argument for not sending kids to anything too early - until they have at least matured to the level needed for said activity. Both hubby and I immensely enjoyed this book. Have you also read Tipping Point by the same author?

By: Ron

Ron — Wed, 18 Nov 2009 01:38:38 +0000

The author does make allowances for certain (though very limited) forms of debt, but even in those cases, he points out in a mortgage example, you don’t really own the home. The bank’s name is listed on the deed! Same thing for cars — you’re just the co-owner and therefore, a slave to the payment. Here’s my book review.

The perspective is really a personal one and as someone who has paid off well over six figures in debt (not the mortgage yet) I can testify that life has much less tension without debt than with it.

Entrepreneurs like yourself seem to have a higher risk tolerance for debt. Someone in danger of losing their only income source (such as a job) generally wishes to lessen their personal risk profile by “avoiding debt like the plague.”

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