It's not what you make but what you keep that determines financial success. Pay yourself first and save what you pay yourself.
Use the roll-down method to pay off all credit card debts and then apply it to all other debts.
Retirement should not be an issue of age but rather a function of having enough passive income to live on for life. Retirement means retiring from things that are not part of your purpose so you can focus your productive work on your life mission.
Own a business, even if you start out working on it part-time. You can apply all the other principles in this book and obtain wealth over time, but those who apply them in their own businesses can become wealthy much more quickly.
Financial Fitness 47
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Warren Buffet the worlds greatest investor recently stated that the 2 VERY best investments for most people are:
#1 - Get Out Of DEBT...
#2 - Invest in to YOU....
The Financial Fitness 47 System is your TWO best investments !
As a result of the Financial Matrix, most Americans have been victims, and not always their fault !
The Financial Fitness System will teach you the Defense, The Offense and the Playing Field of Finance.
The statistics are STAGGERING
Here is a summary of the average debt numbers.
Average credit card debt among indebted households: $15,263
Average credit card interest rate: 14.95% APR
Average mortgage debt: $147,591
Average outstanding student loan balance: $31,646
Average auto loan debt: $30,738
Only 59 percent of Americans have at least $500 in a savings account.
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