Rich Dad Poor Dad Lessons

October 13, 2008

Go To www.RichDadNow.comRich Dad Poor Dad - What The Wealthy Buy Movie

You Will Learn How To Have More Money, More Time And More Freedom Starting With The Resources You Already Have.

Most people don’t know where to start. We’ll show you strategies we personally use to create financial freedom each day for thousands of people.

Again go to www.RichDadNow.com

- Stephane Page

The entire real estate industry is going to change

October 13, 2008

George Barlow, president of Executive Franchise Consulting claims, “with the continuing mortgage crunch and agents leaving the industry, real estate brokers need to be creative and resourceful to weather through this economic storm.”

It’s been known that during major economic recessions fortunes are lost and fortunes are created as well. Obviously everyone wants to be part of the later group. But are you doing anything about it or are you too busy trying to break even?

Here are some ideas:

Why You Need to Use a Different Real Estate Website
How To Transition Your Way Out Of Real Estate Without Affecting Your Income

Stephane Page

Debt-financing as a way of life

October 13, 2008

The Washington Times posted an article yesterday. Here are a few exerpts:

“Credit-card debt has tripled since 1990, with the average American owing approximately $9,000 on their credit cards, according to USA Today and bankrate.com. Since 2000, Americans have saved just 2 percent of their income compared with 8 percent in the 1980s. According to CardWeb.com, approximately 43 percent of American families spend more than they earn each year and personal bankruptcies have doubled in the past decade. Many Americans have over-leveraged their homes to the point of choking on payments and for some, ending in foreclosure. “

In the same article…

“Robert Kiyosaki, author of sensational best-seller, “Rich Dad, Poor Dad,” says that the traditional approach of working and saving leads to stagnation rather than wealth. Prophets of wealth accumulation also say that paying down one’s mortgage as quickly as possible is foolish, for a house that is paid off is “dead equity” or “a liability.”

Ordinary Americans are reaping the fruits of such advice. “

Are YOU, reaping the fruits or have you yet found a strategy to get you on the financial freedom road?

Leave a comment below by sharing your thoughts.

Stephane

P.S. To read the article in The Washington Times go to http://washingtontimes.com/news/2008/oct/12/a-penny-saved/


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