What They Didn't Teach You In School About Money by Omar Johnson

By Omar Johnson

You went to college and also you discovered approximately numerous topics. You realized approximately math, technological know-how, background, how you can learn and write in addition to different issues. very good! notwithstanding, what the college procedure missed to educate you approximately is the topic of cash. They by no means taught you what cash really represents; the place it comes from, how one can deal with it, the best way to make investments it and the way to put it aside. certain they might have reviewed the various fundamentals, yet after all that wasn’t adequate and for that reason you fail on the cash online game. You don’t understand how to save lots of or make investments and also you are over leveraged in your charge cards. in truth in accordance with records the typical U.S. loved ones bank card debt stands at $15,185 with forty five million american citizens having amazing balances of $10,000 or extra. essentially all of those humans went in the course of the tuition approach but they're financially in hassle and in debt simply because they have been by no means really taught approximately cash at school. In his e-book entitled “What They Didn’t educate You at school approximately cash” Omar Johnson supplies the mandatory info that would assist you triumph over your cash lack of knowledge. you are going to tips on how to deal with your cash, the best way to make investments and put it aside, find out how to make extra of it and masses even more.

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It’s actually made out of thin air, so to speak, and eventually it’s going to have serious ramifications on the entire economy. In other words, that bill for printing money out of nothing will come due. If you have heard of Bernie Madoff, then you’ve heard about Ponzi schemes. A Ponzi scheme is essentially when I sell you on an investment idea, telling you that it will pay big dividends, then sell that same idea to someone else. I come back to you and give you your ‘earnings,’ but it’s really just coming from that new person I sold on the same idea.

You don’t save because you don’t have anything left over at the end of the month to save. That’s why you shouldn’t be living within your means but rather below your means. Cut back. Trim down. And focus on your long-term financial goals. So what if your friends aren’t going to be ‘impressed’ and thinking you’re doing so great if you don’t have the two bedroom apartment with the stainless steel appliances and Jacuzzi tub? Who cares? Are those friends going to be handing over $15,000 to you in five years so that you can make a down payment on your first home?

Begin to add that to one month after another and you begin to see where true wealth comes from. You could also look into investing in real estate. Buy a cheap home, maybe one that needs some renovation work. Don’t know how to do renovations? Pick up a book and learn. Take your time with it, or find someone to help, someone to go in with you on this project. Fix the house up while you live there over a year or two, then sell it, rent it out, or continue to live there. Renting just throws money out of the window.

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