All Forum Posts by: Grant Bublitz

It makes sense to invest in higher education if it is the road to your passion. I'm not anti-college. But most people chase the degree just for the belief that they need a degree and that's poisonous.

1 Vote

Originally posted by @Account Closed:

Originally posted by @Grant Bublitz:

There was a time when people were told to buy a house, its the American dream. Get a job, get married, buy a house. There was a bank agenda behind that. But that wasn't quick enough. Now that 'mortgage' is in the form of student debt the minute you walk out of college. Tack on the cost of wedding and an actual mortgage and you're forever a slave.

Exactly. You can "hear" that longing or freedom on so many posts here, especially on newbie(like myself) posts. Folks are just trying to escape!

Some have been fortunate, though, to have never been victim of that thinking or have escaped much sooner. People say it takes money to make money--but I think it is simply the effect of tasting freedom: having the constraints released from your mind, then acting on it, and ultimately having that first success. I hope to be in that number, sooner than later. But the first step, like getting rid of bad debt, is getting rid of poisonous ideas.

The typical school suppresses ideas. That's why it fails so many people. Yet the 'need' for the educational degree keeps people scared, thus succumbing to loans.

0 Votes

I graduated in the bottom 25% of my high school class 11 years ago. Today, that top percentage of the class is not significantly better off. And the few that went on to be doctors are in massive debt (student loans). A guy who needed extra tutoring in my grade school class is incredibly successful in his carpentry/roofing business he started. Barely graduated high school.

1 Vote

Originally posted by @Eric Taylor:

This anti- student loan bias is baffling. The top of the economic food chain is comprised of educated individuals. This belief that an individual can lollygag in high school and college and then miraculously see some economic opportunistic light and suddenly devote themselves and become financially successful is laughable at best. The common threads of doing well financially are doing your homework (school), understanding the math (school), interacting with others (school), work ethic, and being creative. The educational process prepares people for these endeavors.

The school system is where hard work and dedication can be displayed. But the "if you don't get good grades you are not smart/cant succeed" is demoralizing. Being smart, essentially, is figuring out how to get what you want. Smart people figure it out, whether a Harvard graduate or an 8th grade dropout.

2 Votes

.......and the colleges and banks are the only ones benefitting from it.

1 Vote

Higher education should only be pursued if that is an avenue to your passion. Getting a higher education just for sake of having that piece of paper and the hope that it will lead to a great job/salary is probably not going to be beneficial. That's an obsolete way of 'succeeding' and we were all taught this. Its a 'system' way of thinking (brainwashing).

0 Votes

If, for example, $800 a month mortgage brings in $1000 a month cash flow, it's good debt. It's fairly simple, isn't it?

0 Votes

Originally posted by @Richard C.:

Originally posted by @Grant Bublitz:

Kiwasoki is right. Education just prepares you for a job, where you pay high taxes first and then spend what is left. Also, college tuition is out of whack. The system isn't broken, its doing what it is designed to do: Keep people working for life. Now a days student loan debt is bad debt as job security and high salaries are not guaranteed.

I went school for 2 years, quit, worked for 2 years and then went back to a tech school for 2 years (graduated) where I paid mostly cash. I wish I would have NOT gone back to school and spent the $10,000 I had saved up, but rather invested it. I live pretty much debt free now, but my salary does not justify the means as I come out $400-$500 ahead every month. No complaints, but there is a better way to go through life.

If you come out 400-500 a month ahead as a result of your degree, that is absolutely worth a $10,000 investment.

The $400-$500 is my income less my necessary expenses. I also live below my means and work as my landlords care keeper to knock off rent $ every month.

0 Votes

All Forum Posts by: Grant Bublitz

Grant Bublitz has started 11 posts and replied 32 times.

Post: Are you Only a Real Estate Investor?

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!

Post: Ramsey or Kiyosaki doesn't matter! Getting rid of "bad" debt is important!