Finnancial Planning (was Re: AGING: perhaps we are over the hump)

From: Brian D Williams (
Date: Mon Feb 18 2002 - 08:37:49 MST

>Robert J. Bradbury asks:

>So I'm curious...

>Who wants to join the
> "I-Will-One-Day-Be-A-Millionaire Foundation?"
>and is willing to walk their talk?

Not to mention talking their walk.

I'm glad to see this subject come up once again.

Part of a well balanced extropian life is sound financial
management with extensive planning for the future.

Personally, I start with 10% of my pre-tax income going off to the
401K which is never touched for any reason. I have a previous fund
(Van Kampen emerging growth) which is high risk, so my new current
fund is 80% stock 20% bonds. (with a 40% match in company stock)

I maintain funds in a money market account for emergencies which go
off to CD's above a three months supply of backup funds. These come
from a second 10% I take off from the top. If you have credit card
debt take half of this second 10% and pay it off.

Once you start doing this you will find you don't even miss these

Along with the sources Max has mentioned, I recommend the book that
completely changed the way I deal with money, David Chilton's "The
Wealthy Barber".

Don't forget to take a small portion of that first 10% and use it
for membership in the Extropy institute.


Extropy Institute,
National Rifle Association,, 1.800.672.3888
SBC/Ameritech Data Center Chicago, IL, Local 134 I.B.E.W

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