when will YOU become financially independent? when will YOU escape from the rat race (work, taxes, bills, no money left, work, taxes, bills, ...)? AND WHEN ME ??? a good question, isn't it? ASAP is prolly the best answer for both of us, right?
some major issues:
- think, think, think!
- work 2 learn - do not work 4 money - let money work 4 u :-)
- JOB = just over broke
- earn more than u spend
- understand difference between assets & liabilities! btw, what category belongs your house/car to?
- BUY income generating ASSETS (= the only rule to riches :-)
- cashflow !!!
- buy luxuries last = buy luxuries when your assets column provided enough income to afford them
- reinvest earnings from your assets column into your assets column again ... income => more income ...
- the power of corporations ... start your own business (lower taxes, [business] expenses with pre-tax money, ...)
- choose yr friends carefully (insiders 4 stock market infos :)
- real estate? hmmmmmm ... should i take a class where i would learn how to buy real estate on foreclosures (buy from banks & attorneys instead of owners / brokers ?)
- make offers, someone may say "yes"
- learn from history
- do not say "i can't afford it!". say "how can i afford it?" instead
- do not play it safe! play it SMART !!!
- action is better than inaction => act now :-)
- and much more ...
btw, best luck for everyone who will try it :O)
addendum, video 2008, god's money (gold + silver) vs. men made money (paper), http://www.youtube.com/watch?v=zhzMl31fAw0
predictions 2014: http://www.youtube.com/watch?v=gmthQW554dw
last burt not least, a picture :-)