Monday, October 03, 2005

To Be Or Not To Be Normal

Forbes Magazine, a business and financial publication, released the Forbes 400 last week. If you don't know what the Forbes 400 is, well, it's a list of the 400 wealthiest people in America. You can take a look at the list here.

Did you know that 69% of the top 400 men and women on the list, that's 7 out of 10, started with nothing. The top 5 of these are self-made billionaires and only 4 had college degrees. Simply, they started out just like you and me, with nothing. But, these people were able to take opportunity by the hand and create prosperity for themselves and generations that follow.

What does that mean to you and me? It means that we have the same opportunities and potential to generate the type of wealth that these 400 individuals enjoy today. When surveyed, 64% of these 400 individuals said the number one key to building wealth in America was to get out of debt and stay out of debt.

Normal Americans
The majority of Americans are normal, middle class, hard-working people. Normal Americans have six credit cards, a car payment, and loans. Normal is broke, but that can change.

There are two barriers that keep Americans from realizing their financial dreams: debt and taxes. If we were able to keep a large portion of our tax payments and combine that with the money freed up from debt, we would be in a position to flourish financially and do the things we were meant to do. The only thing holding us back, is the decision to be or not be normal.

Challenge
We live in the wealthiest country the world has ever known. The challenge is this, what are you going to do about it?

"Success comes to those who work smarter."
Unknown

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