My entire financial existence just got judged based on one particular post on my blog. The blogger assumed that my whole financial existence was focused on declaring war on debt (perhaps he’s getting me confused with the much larger and well established blogger: Enemy Of Debt, but so be it).

This blogger posted about how I didn’t do investments, such as 401ks, 529s or any other type of investments…  HA!

Since 2000, I’ve been contributing to my 401k, and since mid 2008 I bumped it up to the maximum amount (yeah, I jumped in with both feet while the market was at its lowest!  I believe the Buffett saying: “Be fearful when other are greedy and greedy when others are fearful“).

I also have a 529 plan for each kid that I expect to be well over $100,000 for each kid, when they are 18.

I also have a Roth IRA, HSA, and an online brokerage account .

I been a shareholder in various stocks since I was 6 years old, and I’ve made my share of mistakes!

Needless to say, the other blogger at 7million7years took a glance at my post and made a lot of incorrect assumptions about me!

But even with the assumptions corrected, his approach is still drastically different from mine.

His approach is more about becoming a higher level of rich than what I am striving for.  Actually, he might already be at this level, I’ve only read a few of his posts on his site, so I can’t really make a solid judgement of his financial being.  I applaud him for his efforts but that approach only works for less that 5% of the population (I’m guessing, but I’m also betting that my number is conservative too and the percentage is really closer to less than 2%).

But my approach is different!  You see I come from a family of entrepreneurs, but I chose a different path.

After growing up without learning practically anything from my dad (for example, how to catch a ball, riding my bike, batting, swimming.. you name it) since he was always worked 80+ hours per week at his business, I decided I didn’t want my kids to grow up like that!

Since I’ve been an employee for a good chunk of my life, during the times when I’m not at work, was able I teach both of my kids how to ride their bikes, (they learned swimming at the local recreation center), hit the ball with a bat, catch the ball, throw a football, and other sports exercises.  I’ve done numerous things with both, and in this respect, I’m light years away from when my dad was at the same point in time.

Yes, my net worth is less than someone like my dad, but my family is happy!

I hope this clears up any confusion about me vs the other blogger’s lacking interpretation of me!

-MR