It is my goal to be financially free in just 5 years. Now as you may know this is not exactly the ‘norm’, you don’t see a lot of people retiring before they reach 30. In fact most people these days can’t even afford to retire when they reach 65.

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My 5 Year Plan Towards Financial Freedom

If you are wondering how to build wealth, then this article will give you a good overview of the 3 typical ways you can build wealth quickly. These aren’t difficult to understand and others have made their millions by excelling at one of these choices. Who doesn’t dream of marching into their …

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Build Wealth Quickly – 3 Simple Asset Allocation, Wealth-Building Strategies

I’ve often lamented the lack of financial education in our grade schools and high schools. So many young people don’t have good financial role-models to look up to. Who is teaching your teenager about money and the importance of setting themselves up for a sound financial future?

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Teach Your Teenager to Get Rich Slowly

Sadly, it should come as no surprise that every year more and more people are turning to payday loans to get them through the month or from paycheck to paycheck. With today’s economy and businesses making employee cutbacks left and right more people are out of work and on unemployment than have ever been before. Which means one thing, the increasing number of people in need will be applying for payday loans to help them out.

Most payday loans are basically a cash advance or small loan to be paid back in a relatively short amount of time. They are sought after by individuals in need of cash quickly, usually for financial reasons that are imperative to their lives. Typical situations that people would seek the help of a payday loan are:

Rent/Mortgage payments
Car Payments
Household Bills
College Tuition
Medical Expenses
Unexpected Bills
Travel Expenses

It’s not what you currently own that determines whether you’re rich or poor. What’s more, just because both my wife and I could be living in a big house in an upmarket suburb, drive two Mercs, and take our youngsters to an expensive school, does not automatically mean we’re rolling in fabulous wealth like Ali Baba of the Arabian Nights story. Also the fact that you have a minus (-) net worth does not necessarily mean all is lost. You see, most people know that life is like a roller-coaster. Sometimes, and through no fault of yours, things can go topsy-turvy on you. For richer or poorer.

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Understanding Your Net Worth Statement – For Richer Or Poorer?