Quote Originally Posted by Jim Jones View Post
Income isn't what makes people wealthy as much as outgo keeps them from saving money. We tend to keep up with the Jonses. As an ancient Jones, I try to make that easy, but people persist in wasting money on large screen TVs, cell phones with cameras and GPS, video games, dinners out, and other money sponges. Most of these don't enhance the quality of life, but they do keep us from really living. Henry Thoreau may have overdone the basic lifestyle at Walden Pond, but it certainly beat going into debt for unnecessary baggage. Many Americans learned how to make do with nearly nothing in the 1930s. It was a tough time, but it made tough people who could teach their descendants much.
I have zero debt. Friends and acquaintances are very confused about how I manage to be semi-retired at 46 with a thirty foot boat. Some of it was just plain good luck, but it was important that I was in a mental and financial position to allow that luck to happen, and then be able to take advantage of it. Everything you have that you don't own, owns you. I learned that some time ago.

All my camera gear has been an investment, but the investment is realized by the cash flow created by my use of the camera. There are about a zillion better investments than capitol appreciation on a camera. Burying money in a hole is among them.