Facebook Thinks MJ is Slowlane

[Even Steven]

@MJ DeMarco, the last couple of times I 'liked' a TMF photo on facebook, they offered this as a "Related" page.

https://www.facebook.com/GetRichSlowly

You must be doing something wrong.

 

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[MJ DeMarco]

Yea, and the dude that started that website cashed out and made a shit-ton of money. How Fastlane! (And anti get rich slow!)

 

[Charmander]

Algorhytms...

I though that the new route to success is avoiding facebook alltogether... =S

//And by the way, looks like the page stole my avatar xd

 

[JasonR]

Yea, and the dude that started that website cashed out and made a shit-ton of money. How Fastlane! (And anti get rich slow!)

Ah the guru getting rich off of something other than what he preaches.

This is EVERYWHERE.

Get Rich slowly is much more believable than Get Rich Quick (or building a business as a fast way to wealth)...

Funny thing is - being in this world - it alienates yourself to a lot of outsiders. Most people don't understand the concept of making money without punching a clock or going to work. That, in itself, is mindblowing to most people.

Yet the first time you make money without having to put in hours, like a significant amount of money, it almost becomes an addiction.

Honestly, I'm the happiest I have been in a long time, not because of money, but because of the FREEDOM of not having to punch a clock or go to work.

Sorry for the rant.

Good find OP.

 

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[pickeringmt]

Sorry for the rant.

I totally agree with you, but the thing to remember is that people on this path are truly the minority.

I think the majority of the people in my life give me the same stupid look I give them when we discuss this kind of stuff - like we are speaking different languages.

I can't imagine the goal in life being a "great" job, and eventual "retirement" - and they can't imagine the goal being to create jobs, or getting paid for value rather than time.

 

[Vigilante]

Reminds me of Dave Ramsey.

Step 1. Tell everyone to save their money in an envelope to pay for emergency expenses
Step 2. Sell those same people books, courses, and even... envelopes
Step 3. Cash out

Step 4. Wash, rinse, repeat.

http://www.daveramsey.com/store/cEN...8mDuoP45-NTyuudkbkfMuB1ZE_5gNpbwwIaAmpY8P8HAQ

 

[Lex DeVille]

Reminds me of Dave Ramsey.

Step 1. Tell everyone to save their money in an envelope to pay for emergency expenses
Step 2. Sell those same people books, courses, and even... envelopes
Step 3. Cash out

Step 4. Wash, rinse, repeat.

http://www.daveramsey.com/store/cEN...8mDuoP45-NTyuudkbkfMuB1ZE_5gNpbwwIaAmpY8P8HAQ

What I like about Dave Ramsey is that once I had a couple thousand saved for an emergency, then I was able to blow it on a business.

 

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[Vigilante]

He's great for poor people that need survival skills. Nobody is going to, however, get wealthy by cutting their cable bill and sticking the proceeds in an envelope. Unless you do what Lex did, and you turn the envelope into an EMPIRE. Maybe that will be Ramsey's next book.

In the interest of full disclosure, when I was young and poor, I saved my money in an envelope. Per his system. Then, I spent it. Probably went out to dinner. That was the end of that.

I decided that rather than save $30 a month in an envelope, I needed to learn how to make it rain.

 

[P3HSB]

I decided that rather than save $30 a month in an envelope, I needed to learn how to make it rain.

 

[RHL]

Yea, and the dude that started that website cashed out and made a shit-ton of money. How Fastlane! (And anti get rich slow!)

Yeah, the irony of a lot of famous frugality/investment blogs is that while their readers are pinching pennies at $41,000/yr, they're making $41,000 per month in ad revenue off their traffic.

 

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[Unknown]

Nobody is going to, however, get wealthy by cutting their cable bill and sticking the proceeds in an envelope.

I was given his book as a gift...I never read it. I don't know what he advocates as far as investing goes, but if the average person put that money into an index fund each time instead of an envelope they would have a nice sum by the time they were in their 50s/60s.

I'm not a Ramsey fan at all. He's been bankrupt, what, twice now?

Selling the dream will always work.

 

[davedev]

Ah the guru getting rich off of something other than what he preaches.

This was the biggest takeaway from TMF for me. After training your eyes to spot 'guru hypocrisy' it's like removing tinted shade glasses from your eyes.

He's great for poor people that need survival skills.

Yup. So many gurus (knowingly) teach 'financial survival' while calling it 'financial freedom'.

 

[dfw1]

Honestly... I would never take advice from Dave or Suze, because they do not know my personal financial situation. Thus taking financial advice from a TV talking head is not a good idea. Yet, many idiots listen to these people. Bad idea and advice. Save money in an envelope???

 

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[AllenCrawley]

Reminds me of Dave Ramsey.

Step 1. Tell everyone to save their money in an envelope to pay for emergency expenses
Step 2. Sell those same people books, courses, and even... envelopes
Step 3. Cash out

Step 4. Wash, rinse, repeat.

http://www.daveramsey.com/store/cEN...8mDuoP45-NTyuudkbkfMuB1ZE_5gNpbwwIaAmpY8P8HAQ

Honestly... I would never take advice from Dave or Suze, because they do not know my personal financial situation. Thus taking financial advice from a TV talking head is not a good idea. Yet, many idiots listen to these people. Bad idea and advice. Save money in an envelope???

Say what you will but Ramsey provided a solid framework that helped us get completely debt free and taught us how to manage our money. We had never been taught before and our finances were a mess. Don't like the envelope idea? Use software like MoneyWell.

 

[jmusic]

Honestly... I would never take advice from Dave or Suze, because they do not know my personal financial situation. Thus taking financial advice from a TV talking head is not a good idea. Yet, many idiots listen to these people. Bad idea and advice. Save money in an envelope???

For those digging on the envelopes, he didn't advocate SAVING money in envelopes, just allocating spending into envelopes to be used for groceries, clothes, etc. The idea is that if you go to the grocery store and don't have enough in the "grocery" envelope, then you've either gotta do without or reallocate from another category.

That said, I never did the envelope thing and I'm doing much better these days. I just try to avoid spending at all when I can. Once I hit the fastlane, I'll loosen the purse strings some.