This Content Is Only For Subscribers
A quarter of American have no retirement savings. This is the statistic which is one of the richest prosperous countries in the world. How many of y9ou can see why and when you go to McDonald or you walk into Walmart, do you just ma see young people? When you walk into Walmart do you see, someone greeting at the door which senior citizens?
49% of Americans are living paycheck to paycheck each month. Almost 50% of people living paycheck to paycheck. 53% of say that they do not have any emergency fund that covers at least three months of expenses. Let say their monthly expenses is $3K, they do not have $9k in the bank.
50% of American take home less than $40K, some say $30K. I am being generous. So big population are in the USA paycheck to paycheck. Then they take less than $40K a year. If you walk down the street in Vegas, you just look at every body. Almost everybody there is broke. It is not homeless people. It is about regular day people. It is sad. It is not right.
At the same time 1,700 new millionaires are made every year. Thousands of millionaires are being made. So we have the statistic, things are worse than ever. So we have statistic, things are worse than ever. Most people are broke and then we have an ingesting statistic that there are more millenaries than ever.
What is going on here, the richer getting richer and poor getting poorer? It is absolutely 100% correct. The middle class is getting disappear. If his is disappearing, either they are moving up or they are moving down. And they have a choice. Either you say I am going to hit that millionaire status or if by doing nothing by default, automatically y9ou are become poor. Like if you do not do something drastic. Very different from what you are doing right now. You have choice and it is a very conscious choice. It is a choice you have to make daily. It is good idea, I will buy some lottery tickets, but it will not work.
This my goals, this is my plan. This is what I am going to do. I am going to do myself 7 to 10 years. It is a must for me. Because by not being these, automatically, you go here. It is not a pleasant.
