Tuesday, January 1, 2008

You Tell Me


A person wins the lottery for millions of dollars, but ends up broke in less than two years. What happened? They lived well on an annual salary of $30,000 for seventeen years, but when they got their hands on $6.7 million, they ended up broke. What happened?You might say they invested their money incorrectly and a good lesson in the stock market or real estate would have served them well. You might say that they gave their money away to friends and family who never paid them back. On the other hand, you might say they lost their mind in spending and threw it all away.Here is another one.A person makes $200 a week and lives paycheck to paycheck for five years. Then they begin to make $800 a week and live another five years paycheck to paycheck. Why?One more.A person lives their entire life making no more than $18,000 a year, but retires at 42 and never works again. They live quite well too. Why?

If you answer is understanding proper money management skills, then you are only partially right. The lesson in money management is not enough. With over a million of books, CDs, courses, and businesses purchased every year along with the obvious desire of each purchaser to improve their financial worth, the national debt rate continues to increase at enormous numbers.

Why aren't these financial promises working?

There is so much more to financial freedom and wealth building than making money or financial literacy. Kidz 4 Money teaches financial literacy, but only as a stepping-stone to wealth. We specialize in building wealth and the development of a MindSet of Wealth, the missing link in most financial strategies.

Give a youth the lesson in true wealth building and they will reap the rewards for a lifetime.

No comments: