In 2011, financial education is more important than ever. The world economy is faltering. The job market is forever changed. Working as an employee for 35-40 years is no guarantee of a comfortable retirement–it’s just not the reality for most people. Preparing for retirement by saving 15 percent of your income and reducing expenses is a start, but it’s not nearly enough.
Do what the wealthy do. The wealthy collect assets– not debt. They build networks and leverage their time. They create multiple streams of income. They invest in their financial education. The wealthy understand the importance of becoming a business owner and that network marketing is a low-risk way to start a business. There are two books I recommend to understand the basic principles of creating wealth in your life.
First, Rich Dad Poor Dad: What the Rich Teach Their Kids About Money and second, The Business of the 21st Century, both by Robert Kiyosaki.
Click here to order.
This story from the Nightly News with Brian Williams reveals the reality today for many baby boomers in the U.S. No matter what your age, please invest in your financial education NOW and start doing what the wealthy do.
Video: Economy Puts Some Retirements At Risk
Remember, (1) Rich Dad Poor Dad: What the Rich Teach Their Kids About Money and (2) The Business of the 21st Century. Click here to order.
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© 2011 CindyMcMillan.com