Michael Jackson had assets worth millions, and probably even billions of dollars. He also had many multimillionaire and billionaire friends. Michael Jackson could get the credit to live his luxurious lifestyle.

Most people do not own the Beatles catalog.

then you got your goal and that's awesome.

mine was always the journey, actually never got into this for the money. did it cause i loved porn and wanted a better site out there for it.

banks are the worst place to have cash in a business that many people THINK is wrong... I've learnt the hard way gov't officials can strip bank accounts without cause and sort it out later.

Very true, plus few had a clue that boom and bust usually follow each other. Plus many of those making money started in a time when it was easy. Those who spent had little to fall back on, those who invested did.

Good point. I tend to forget that everybody has their own priorities and reasons for being in the business :thumbsup

:1orglaugh:1orglaugh

Definitely a great post by Shap.:thumbsup

Good point. I have it, it's called "Critical illness insurance", it only costs me $60 bucks a month but I'm coverered in case I become incapacitated and can't earn an income or if even if I need to head to the states for some expensive treatment etc.

Of course I have a portion of my business set up to earn income even if I'm not at home/in my office working, such as rental income. Websites don't stop earning money just because you're not at your computer either.


To the guy who said "It's better to spend and enjoy life rather than save too much".... I say it's better to be smart about it. I agree that living like a pauper now while scrimping and saving every penny isn't the best way to go, especially if you die early with a pile of cash in the bank but you lived poor in order to save it. Not wise, but neither is blowing all your money like a wannabe rock star and when you're ready to retire have a big ball of goddamn nothing to show for it than a dead liver and no retirement fund.

There has to be balance.

But I'll say it again, when you're in business for yourself no one is going to look after your future but YOU.

Live the life style today that if it does end tomorrow you can get a regular job and pay the bills..

Im not saying not to have nice things. But remember. its not just buying a nice and expensive car. Its having the money to maintain it. insurance, Gas, Damage, parts etc.


Same for a house etc.