Rich Dad Poor Dad
Robert — “I don’t need a retirement plan because all of my assets produce income.”
Time Magazine Interviewer — “Are there some people who should play it safe, do the traditional route and just pick up a house, pay the mortgage?”
Robert — “That’s probably the most dangerous thing you can do.”
The middle class, which is disappearing, are the ones who are paying the taxes.
Robert Kiyosaki’s Poor Dad’s attitude was, “I have a PhD, the government will take care of me, save your money.…. But as you are saving your money the Federal Reserve is printing trillions of dollars. How stupid can you be? Invest your money for the long term in a well diversified portfolio of mutual funds. Send it straight to Wall Street so that they can pay their brokers 10 million dollar a year bonuses. How stupid does a person have to be? — wake up.”
W2 Employees — How to Keep More Income
What is the biggest single financial obligation of each person in the USA? Taxes. With all the bailouts, and government spending we can be sure that our taxes will not be being reduced any time soon. W2 workers are taxed before they get their earnings. Then they are taxed every time they spend their earnings as well. Then they think that because they put some money into a qualified plan that is tax deferred, they are saving on taxes, but the reality is they will be paying more on taxes in the future when they try to use their savings. It is like having the choice of paying taxes on the bag of seed now, or paying taxes on the bag of seed and the harvest later on. Which do you prefer? Inflation, the printing of more green backs, is also a tax. We think inflation means the price of goods has gone up because they are now worth more but the reality is that the value of the dollar has gone down, so we have to spend more dollars to buy the same item. This means the government collects more dollars of taxes from us and our income level rises so our tax bracket gets higher so we have to pay more taxes because of that as well. People would be outraged if the government just sent them a bill for the actual amount of taxes they are truly charging them for each dollar they earn. That is why instead, they (the government) have created this hidden system of stealing our money from us, pretty much at gun point), with the threat of jail time if we don’t pay up and people feel powerless to do anything about it. This blog post will be looking at how to increase your net worth by just becoming a part-time home-based business owner, and withOUT necessarily making any more money. But making more is always a good thing, if you know the tax rules. Why own a home-based business? 1. Be your own boss. 2. Capture the power of residual income 3. Be rewarded for business achievements 4. Reap the tax benefits — This is a major major benefit. We all know that the more money we pay in taxes, the less money we get to keep. So let me ask you this, what can give you a better bottom line, a $2000 raise or owning a home-based business? Keep reading and you’ll guess and understand the answer. More »
‘Financial GPS’ Best Describes Our Financial Navigation Solution
After entering your starting point into any Global Positioning Satellite System, it knows where you are at all times. After you enter your destination, it directs you, one step at a time, how to reach it.
If you make a wrong turn, if you decide to visit Aunt Jemima, if you stop off for lunch along the way, the GPS instantaneously recalculates your position and then redirects you so you get back on track till you reach your final destination.
What do you think it would be like having a Financial GPS System that worked exactly the same way? What if your final destination was set to zero debt and no matter what you did along the way it also instantaneously recalculated your financial position so you would stay on track to reach that final destination in the fastest time possible for you.
However, as well as recalculating, what if it showed you the consequences of your financial choices before performing them in real time, just like a regular GPS shows you your route ahead of time.
Wouldn’t this mean you could actually be educated about whether the decisions you are making with your money are directing you to end up closer to your goal or taking you further from it?
Bank Strategies Used By The Financial Navigation Solution System
When a software system is programmed to incorporate at least 6 bank strategies that when united together working in unison, become an awesome debt elimination, wealth building financial navigation solution, you would be amazed at the speed you can pay off debts.
What are those 6 bank strategies? Interest cancellation, interest accumulation, interest float, time value of money, repositioning and maximizing idle money and advanced strategic payoff.
There is a high-tech financial solution, a dynamic, real-time tool that is paying off debt, strategizing money, building wealth, tracking finances and generally educating it’s users, while at home, with their own money. It is truly like having a financial coach in your own home when ever you need one. This system is not a theory or a book or box of CD’s full of ideas. It is an actual real-time financial gps tool.
My husband Bill and I drove to Arlington VA on Thursday Nov 13th. Then spent Friday and Saturday in Crystal City attending the Regional event. I received the V4.1 demo software so I am very happy to have that. I also learned a lot that will help me with sharing this phenominal product with others. More »