Maestro, another great interview. I'm the last year of the boomers born in August 64. Gen X 61-81. The entire social security system is just another ponzi scheme and only the first few generations benefit.
The key for anyone is to be your own central bank like GM always talks about. Don't rely on anyone except yourself.
The best thing a young person could learn is financial freedom and how to get there. Don't buy anything on credit except a home. Don't spend more than you make. Have an emergency fund .
A truly wealthy person, no matter of income level, converts active income into passive income.
The main problem with Americans is we want it and we want it now.
Who is smarter? The guy trying to impress everyone with his $800 /month Mercedes or the guy driving a 2002 f150 with 230k miles on it, that can afford to buy almost any car on the road for cash but would rather invest it ?
We all have a choice. Do we get ourselves in debt or do we live within our means to get out of the system and control our own financial situation.
Your choice of interviews are fantastic and you are talking about what every person needs to be thinking about. Keep em coming.
Maestro, another great interview. I'm the last year of the boomers born in August 64. Gen X 61-81. The entire social security system is just another ponzi scheme and only the first few generations benefit.
The key for anyone is to be your own central bank like GM always talks about. Don't rely on anyone except yourself.
The best thing a young person could learn is financial freedom and how to get there. Don't buy anything on credit except a home. Don't spend more than you make. Have an emergency fund .
A truly wealthy person, no matter of income level, converts active income into passive income.
The main problem with Americans is we want it and we want it now.
Who is smarter? The guy trying to impress everyone with his $800 /month Mercedes or the guy driving a 2002 f150 with 230k miles on it, that can afford to buy almost any car on the road for cash but would rather invest it ?
We all have a choice. Do we get ourselves in debt or do we live within our means to get out of the system and control our own financial situation.
Your choice of interviews are fantastic and you are talking about what every person needs to be thinking about. Keep em coming.