Why Get Rich
May 2nd, 2008 -- Posted in Wealth Strategies | 1 Comment »The chances in todays economy are you will become the "new" poor, unless you decide to become the "new" rich. The middle class is disappearing, with so many people not prepared for the future.
As Kiyosaki has said, "Identifying a problem creates the opportunity for creating a solution." We’ve all read and are aware the majority of the baby-boom generation doesn’t have enough wealth to retire as they thought and hoped they would. Unfortunately, many are of the "entitlement" mentality. Their parents may have had a pension and Social Security, so they think they will too. However, our Social Security and Medicare systems are in serious trouble, but many are still counting on it to be there. Their meager savings won’t be enough to retire. Instead of educating themselves and creating a "Plan B" for themselves - they are being ostrich’s with their heads in the ground!
We have a growing trade deficit, growing U.S. national debt, and a falling dollar, while oil and food prices continue to climb. It’s time for more people to become personally responsible for themselves. There are many opportunities for people to supplement or increase their income through starting small side businesses or a home based business. Learn to invest money wisely, and as importantly learn to manage your own finances.
"The mind that opens to a new idea never comes back to its original size" - Einstein
Until next time - J.
"Take control of your destiny or someone else will"
