Comments on: The New Millionaire http://presentdaynomads.com/2011/01/05/lifes-funny-lessons/the-new-millionaire/ Inspiration for the New Digital Nomads and Location Independent Professionals Sat, 08 Jan 2011 16:24:35 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Rasheed http://presentdaynomads.com/2011/01/05/lifes-funny-lessons/the-new-millionaire/comment-page-1/#comment-1462 Rasheed Fri, 07 Jan 2011 04:11:49 +0000 http://presentdaynomads.com/?p=696#comment-1462 Hi Annette, Welcome to Present Day Nomads. Glad you like the concept of passive income. The bottom line is living a fulfilled life. You can't take your possessions with you anyway. On the other hand, the money that you make enables to you live the life of your choice. Hi Annette,

Welcome to Present Day Nomads. Glad you like the concept of passive income. The bottom line is living a fulfilled life. You can’t take your possessions with you anyway. On the other hand, the money that you make enables to you live the life of your choice.

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By: Rasheed http://presentdaynomads.com/2011/01/05/lifes-funny-lessons/the-new-millionaire/comment-page-1/#comment-1461 Rasheed Fri, 07 Jan 2011 04:03:20 +0000 http://presentdaynomads.com/?p=696#comment-1461 Yes James, funny how that works. I was listening to a couple of restaurant managers talk about profits. One was of the belief that he'd rather do $5000 in business and make $1000 in profit than do $10,000 in business to make $1000. His supervisor explained that while it makes sense, it doesn't pay bills, because you have to have a certain amount of cash flowing through the system to make it work. And I thought, if that's the case, then you need to change the system. Trying to keep up the Joneses never brings satisfaction. Knowing what you want and going after it always does. Rasheed Yes James, funny how that works.

I was listening to a couple of restaurant managers talk about profits. One was of the belief that he’d rather do $5000 in business and make $1000 in profit than do $10,000 in business to make $1000. His supervisor explained that while it makes sense, it doesn’t pay bills, because you have to have a certain amount of cash flowing through the system to make it work. And I thought, if that’s the case, then you need to change the system.

Trying to keep up the Joneses never brings satisfaction. Knowing what you want and going after it always does.

Rasheed

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By: Rasheed http://presentdaynomads.com/2011/01/05/lifes-funny-lessons/the-new-millionaire/comment-page-1/#comment-1460 Rasheed Fri, 07 Jan 2011 03:56:09 +0000 http://presentdaynomads.com/?p=696#comment-1460 Hi Brooke, You are right. I remember when my younger brother was living in Pakistan. He was living like a king, yet he was only making less than $1500 per month, so it is all in leveraging what you have and setting your priorities right. Glad you are able to live it up and enjoy. I am gonna have to just make it over to Thailand soon. Rasheed Hi Brooke,

You are right. I remember when my younger brother was living in Pakistan. He was living like a king, yet he was only making less than $1500 per month, so it is all in leveraging what you have and setting your priorities right.

Glad you are able to live it up and enjoy. I am gonna have to just make it over to Thailand soon.

Rasheed

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