Comments on: How much was that dollar worth? Interesting money tool

By: funny

funny — Sun, 14 Aug 2011 16:34:47 +0000

Hi, Granny–

Thanks for your comment! And how true.

It must be noted, though, that much of my grandmother’s wealth was given not to the church but to scam artists: fake “spiritualists” who held phony seances at her house and crooked contractors who persuaded her to make many unneeded and expensive additions to her home, leaving her utterly impoverished. The church, too, it should be noted, abandoned her in her poverty and did nothing to help her or even visit her when she was withering away in a nursing home.

Charity, IMHO, begins at home. We live in times when our sons and daughters have little hope of remaining in the middle class, because the middle class in this country is going away. Thus our children, assuming they grow up to be half-way decent human beings, are the ones who should be first in line to inherit what remains, upon our leaving, of our lifetime savings..

By: Granny

Granny — Sun, 14 Aug 2011 15:43:57 +0000

I found this story about the grandmother’s giving away of her money to be very interesting. I, too, am a grandmother who has given away most of my multi-million dollar inheritance….although not to a church or any organized religion.
I have given my money away to my grown children and to many of the Poor people with whom I am friends. It is very gratifying to have done so and in compliance with the Bible’s teaching on charity and giving. What we have is given in order to share with others.
God blessed Abraham so that others might be blessed through him.
In I Chronicles 29:14 King David prays this prayer of wonder and thanksgiving to God:
“But who am I, and what is my people, that we should be able thus to offer willingly? For all things come from you, and of your own have we given you ”
Charitable giving is God’s divine recycling plan.
It all comes down from Him, to and through us, to others and back up to Him. That is the real meaning of wealth. IMHO.

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By: funny

funny — Fri, 28 Aug 2009 05:14:35 +0000

@ Revanche– What? A chilly 106? Brrrr! It was 110 here, around 5:00 p.m. Still hovering at 100 about 8:30, when the dog had to be walked. Nothing like a little balmy weather to hone the sense of humbuggitude.

By: Revanche

Revanche — Fri, 28 Aug 2009 04:56:21 +0000

The stories and analysis are fascinating, but do leave me with a bit of a bah humbuggish feeling on the side. Probably mostly a side effect of the 106 degree heat today. ;P

By: Janet

Janet — Fri, 28 Aug 2009 04:51:33 +0000

Thanks for the great post. I especially appreciate the relevant examples. I was also surprised by how much the GDP must have grown in the last example for the large amount of money needed to be the same share of the GDP.

By: frugalscholar

frugalscholar — Thu, 27 Aug 2009 20:22:55 +0000

This is just fascinating. It suggests that if we can hold out for a while, without drawing down too much, all will be well. Or well-ish. Maybe.

By: The Dividend Guy

The Dividend Guy — Thu, 27 Aug 2009 16:29:50 +0000

I have not seen that tool before. Made me realize how much money I have actually given up over the years!

By: Sam Williamson

Sam Williamson — Thu, 27 Aug 2009 15:44:24 +0000

You have done a wonderful job of discussing how to use some of the information on our website. We are pleased to be of service.

Thank you,

Samuel H. Williamson
President of MeasuringWorth
sam@mswth.org