From tender age, we were exposed to myths about money and myths of being rich. Be it from our parents, brothers, sisters, relatives, or friends. The myths that we have determine our financial well being in our adult lives.I call them myths because they are not true. Or, at least... Read More
Six out of six people who were asked to list their highest priority in life said, "I want money". Maybe not in those exact words, but that was the gist of the request. Understand, when you ask the Universe for something the Universe must help provide it. All six of... Read More
What does becoming rich mean to you? Is it early retirement? Perhaps it is the big house and the fancy car. Do you want the personal freedom that comes with being wealthy? Knowing you could go anywhere in the world you wish at anytime. Imagine knowing that your children and... Read More
Retirement Planning the Offshore Way Why do so many of us constantly push the thought of retirement planning to the back of our minds? Reluctance?! 1 Reluctance to save for an event that seems so far off 2 Reluctance to tie in to an inflexible pension scheme 3 Reluctance to... Read More
Like I said, If you are poor and on social security do not, and I repeat do not read this article.Why? Cause I am going to blast the recent article that was in USATODAY on August 16, 2005.The one that read "Millions of Americans get by on Social Security alone".Stand... Read More
Have you wondered why financial experts only tell you certain things about building wealth? Do you think its in their best interest to tell you the absolute truth?LIE: The Magic of Compound Interest: Save $X per month and you can retire RICH.FACT : Compound Interest works only for the very... Read More
Look at Forbes' top 10 United States wealthiest people. Notice the top five "self made" billionaires (excludes the Waltons who's net worth is due to inheritance) are college dropouts. If MBA/college degrees were the answer, this would not be true.1. Gates, William Henry III (drop out)2. Buffett, Warren Edward3. Allen,... Read More
At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-saving ideas stay true.Some of you may have heard of these ideas before, others may be entirely... Read More
What is the difference between wealthy people and poor (even average) people? It is not all the money that wealthy people have and the average don't, nor the luxury, nor the lifestyle. It is their mindset.A few lucky people have won a lot of money and become wealthy overnight but... Read More
Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on a tax-free basis.Roth IRAFirst, we need a quick summary of the... Read More
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Do you ever get this in your email box: Find... Read More
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