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The Simple Dollar Morning Roundup: Nap Edition 4comments
Lately, I’ve been trying to train myself to take a nap during the day, a short half hour one about two in the afternoon. My problem thus far is that I fall asleep for far too long, then I stay up later at night. Anyway, on with personal finance posts.
9 Simple Ways To Build 7 Figures These ladies stumbled across an interesting article by Anya Kamenetz, author of Generation Debt (which I reviewed recently), which discusses nine ways to get rich, the Men’s Health way? (@ no limits ladies)
Readers Offer Their Own Stories of Frugal Living See, look! I’m not the only frugal person out there - and a lot of others have good ideas, too, even if they’re not obsessive bloggers. (via frugal living journal)
How Long Will It Take For You To Be A Millionaire? According to this, and continuing my current savings levels, I would be a millionaire at age 39. (via money crashers)
Thanks for the link. The only thing I think Kimber’s 9 Simple Ways article needs is a picture of a hot guy from Men’s health…
You could always try the polyphasic sleep experiment like Steve Pavlina did. It’s where you sleep only 2 hours a day spread evenly across the day (like 6 naps of 20 min each). ;)
- Erich
So, I mostly kept the default settings in the “How long will it take for you to be a millionaire?” app. Taking just a modest estimate of my savings (i.e., just counting what I am saving now, not what I will be saving when my student loans are paid off in a few years), I was told I could be a millionaire by age 56. This was the part that amused me:
You could still be a millionaire at age 65 if
you:
- Decrease the amount you invest now to $0 , or
- Decrease your monthly investment to $521 , or
- Achieve a rate of return of 3.55%.
Good to know how much I can lower the bar. =)
Trent, I use pzizz. It rocks. And it has a built-in “wake up” beep at the end of it. If you can sleep through that beep, there’s something wrong!
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Did the money crashers app make anyone else depressed?
moogs @ 7:50 am March 28th, 2007 (comment #1)