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Dave LaCourse wrote:
rw asks: Just how much "disposable" income do you have? You first. (?) You're the one who brought it up. But since you ask, I have no income that I consider "disposable." I dislike the term. Any "excess" income I have, beyond what I need for ordinary living expenses (which are modest by the standards of a rich man like you) goes right into investments, mostly for my children's future. If I want to take a fishing trip, or buy my daughter a car, or buy a camper for my truck, or buy real estate, or donate to charity, I'll just do it without considering it as "disposing" of income. Aside from the fishing trips, all those examples are what I consider to be cost-effective spending. I carry no debt (which does wonders for my piece of mind), and I consider buying something for the purpose of impressing someone else as one of the most reliable signs of poor character. -- Cut "to the chase" for my email address. |
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