From the 1970s

[Leadeye]

I'm wondering if this is still in print. Howard assumed the bad things in the 70s would go on until the country crashed. Things changed for the better but the book is filled with a lot of good ideas, although written fro m a 70s perspective.

 

[JeepHammer]

I'm wondering if this is still in print. Howard assumed the bad things in the 70s would go on until the country crashed. Things changed for the better but the book is filled with a lot of good ideas, although written fro View attachment 166308 m a 70s perspective.

Based on 1920s-1930s stock market crash and dust bowl depression,
Written in the 1970s...

That should be relevant in the 2020s...

 

[cburnworth]

Amazon has it
:

 

[manifest destiny]

dude had 79 grandchildren when he passed away in 2016

Howard Ruff Legacy

www.howardruff.com

 

[Leadeye]

Based on 1920s-1930s stock market crash and dust bowl depression,
Written in the 1970s...

That should be relevant in the 2020s...

The book has some good info, but as I said it was written in the 70s.

 

[manifest destiny]

I would think the basic principles would still apply. Albeit with the nuance of todays world.

 

[Leo]

Eliminate all debt, diversify assets, invest in multiple areas so that your streams of income are from non related sources. That is pretty much the summary for any time in history.

If you hear about some new, "secret" plan, realize you would be safer at a casino in Vegas. Men like Tom Steyer build investment schemes that pay really good for a while and then crash them when they are positioned to take the max. If you can ride with them, you are fine, but most will loose.

 

[indyartisan]

I read it back in the 1980s
but I could never get the other half to get on board with much of the program.

 

[indyjohn]

We've been chugging along for about 18 months on the Dave Ramsey Snowball plan. I was suspicious at first but the OG has managed to steer us through eliminating a significant amount of debt, far and away enough to make me a believer and subscriber.

 

[DeadeyeChrista'sdad]

We've been chugging along for about 18 months on the Dave Ramsey Snowball plan. I was suspicious at first but the OG has managed to steer us through eliminating a significant amount of debt, far and away enough to make me a believer and subscriber.

The OG is a keeper.

 

[indyjohn]

The OG is a keeper.

Yessir. And she runs a wood splitter like a pro!

 

[Keith_Indy]

We've been chugging along for about 18 months on the Dave Ramsey Snowball plan. I was suspicious at first but the OG has managed to steer us through eliminating a significant amount of debt, far and away enough to make me a believer and subscriber.

Yep, keeping to a spending plan, paying down your debt will make your lives easier. No, if only I could practice what I preach...

 

[DeadeyeChrista'sdad]

Yep, keeping to a spending plan, paying down your debt will make your lives easier. No, if only I could practice what I preach...

Keep working on it. I don't have any significant debt besides the house. But still, I go from feast to famine. Being off for knee replacement this summer/fall really opened my eyes. I can hear ol' Pop chuckling in the back of my mind....

 

[Keith_Indy]

Keep working on it. I don't have any significant debt besides the house. But still, I go from feast to famine. Being off for knee replacement this summer/fall really opened my eyes. I can hear ol' Pop chuckling in the back of my mind....

My ex-wife and I went through the program, got debt free except for 2 mortgages (2 separate houses.) Then she became my ex-wife and I remembered why she always handled the finances.

 

[2in1evtime]

no mortgage, no vehicle loans, no loans, no outstanding debt, just usual bills as in insurance, water,heat,electricity, It let me retire early and it feels so good. I am unclear\decided whether to draw my social security next year at 62 or not?

 

[churchmouse]

no mortgage, no vehicle loans, no loans, no outstanding debt, just usual bills as in insurance, water,heat,electricity, It let me retire early and it feels so good. I am unclear\decided whether to draw my social security next year at 62 or not?

Take every dime they will give you. We never know how long we have. If it is available take it as in the long run you will get more back. Why wait. Tomorrow is not a guarantee.

 

[KittySlayer]

I am unclear\decided whether to draw my social security next year at 62 or not?

Do some real planning on this. Some questions to consider are your health and family history. Delaying until full retirement can make sense, particularly if you have a spouse who made significantly less than you. The gut reaction is start at 62 but that may not maximize the dollars in your pocket.

 

[KittySlayer]

dude had 79 grandchildren when he passed away in 2016

Howard Ruff Legacy

www.howardruff.com

...and 14 children. I would hardly call this good financial planning.

 

[churchmouse]

Do some real planning on this. Some questions to consider are your health and family history. Delaying until full retirement can make sense, particularly if you have a spouse who made significantly less than you. The gut reaction is start at 62 but that may not maximize the dollars in your pocket.

But you could be checking out on the path to max earning. The moneys received in the 3 to 5 years waiting will more than offset any monthly increases you get from waiting.
My younger sister was of the same mind but when she did the math she stepped up.

 

[cosermann]

There's a 2008 edition. Archive.org has it and it can be read with a free account.