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Retire Early Home Page • View topic - Janine Bolon reviews Passion Saving

Janine Bolon reviews Passion Saving

Rob Bennett is paying for vanity-published books and articles in various newspapers and magazines. Here we will discuss these attempts to gain glory in the public eye.

Janine Bolon reviews Passion Saving

Postby Schroeder » 06/12/07 at 10:59:43

In hocus' June12 blog (****), he quotes an excerpt from Janine Bolon's review of Passion Saving. Ms. Bolon writes a blog and invites reader comments. Though, she does have the moderation feature enabled.

http://themoneymuse.blogspot.com/2007/0 ... nnett.html

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Re: Janine Bolon reviews Passion Saving

Postby intercst » 06/12/07 at 11:45:31

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Re: Janine Bolon reviews Passion Saving

Postby gw » 06/12/07 at 12:33:22

Bennett's May '02 post: "I am deeply sorry for falsely criticizing the study"

Read about Rob; google "Narcisstic Personality Disorder".
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Re: Janine Bolon reviews Passion Saving

Postby Orion. » 06/12/07 at 12:41:37

Seriously, hocus, I don't know if you're really insane or you just believe that acting that way is a good way to get attention.

My closest friends say that it appears to them that's a little bit of both.. -- hocus 2007.
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Re: Janine Bolon reviews Passion Saving

Postby nfs » 06/12/07 at 12:58:10

All in all you're just another brick in the wall. - Roger Waters
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Re: Janine Bolon reviews Passion Saving

Postby Orion. » 06/12/07 at 13:09:45

Seriously, hocus, I don't know if you're really insane or you just believe that acting that way is a good way to get attention.

My closest friends say that it appears to them that's a little bit of both.. -- hocus 2007.
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Re: Janine Bolon reviews Passion Saving

Postby hocus » 06/12/07 at 13:21:30

Though, she does have the moderation feature enabled.

A plain and simple case of Goon discrimination!

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Re: Janine Bolon reviews Passion Saving

Postby syke-- » 06/12/07 at 13:50:36

Janine advocates the 60/40 principle, for savings and investments.  From her blog:

1. 60% you live on. This goes into your main checking account.

2. 10% goes into a long-term savings vehicle (IRA, 401k, Keogh account, solo 401k) for retirement. If you don't currently have a retirement account of any kind open two savings accounts at your bank. (One for long term and one for short term savings)

3. 10% goes into a short-term savings account (local bank or a money market account) for use in those occasional large-scale expenses (new tires) and emergencies (the water heater explodes).

4. 10% is tithed to a church or secular charity that is in line with your purpose. This is your ''rent'' for occupying space on the planet.

5. 10% is pure philanthropy. That's right, you just give it away for the benefit of the community at large. This primes the pump so that the Universe starts sending wealth your way.

---

But if you analyze it, it is really a 90/10 rule.  70% goes to expenses, 20% goes to charity, and you save 10%.  While saving 10% of your income is a good thing, I think most people who are FIRE'd or on the track to FIRE in practice are saving a much higher percentage than that.  

She says she used this method to become a millionaire in seven years.   If that is the case, she and her husband must have had an amazing income.  
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Re: Janine Bolon reviews Passion Saving

Postby gw » 06/12/07 at 15:14:48

Bennett's May '02 post: "I am deeply sorry for falsely criticizing the study"

Read about Rob; google "Narcisstic Personality Disorder".
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Re: Janine Bolon reviews Passion Saving

Postby ataloss » 06/12/07 at 15:32:25

Rob, please get help: Loudoun County Mental Health 703-771-5100  I am not a mental health professional. I am not qualified to diagnose or treat. Get help. What do you have to lose? Your current course is catastrophically unproductive.
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Re: Janine Bolon reviews Passion Saving

Postby gw » 06/12/07 at 15:35:04

Bennett's May '02 post: "I am deeply sorry for falsely criticizing the study"

Read about Rob; google "Narcisstic Personality Disorder".
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Re: Janine Bolon reviews Passion Saving

Postby ataloss » 06/12/07 at 16:01:43

Rob, please get help: Loudoun County Mental Health 703-771-5100  I am not a mental health professional. I am not qualified to diagnose or treat. Get help. What do you have to lose? Your current course is catastrophically unproductive.
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Re: Janine Bolon reviews Passion Saving

Postby nfs » 06/12/07 at 16:04:58

All in all you're just another brick in the wall. - Roger Waters
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Re: Janine Bolon reviews Passion Saving

Postby ataloss » 06/12/07 at 16:14:56

Rob, please get help: Loudoun County Mental Health 703-771-5100  I am not a mental health professional. I am not qualified to diagnose or treat. Get help. What do you have to lose? Your current course is catastrophically unproductive.
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Re: Janine Bolon reviews Passion Saving

Postby Orion. » 06/12/07 at 16:18:56

Seriously, hocus, I don't know if you're really insane or you just believe that acting that way is a good way to get attention.

My closest friends say that it appears to them that's a little bit of both.. -- hocus 2007.
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