Bankrupted by Conventional Financial Advice
Many people would avoid financial ruin if they knew what you’re going to learn in the next 2 minutes…
I don’t play by anyone else’s rules, particularly when it comes to money.
What do I mean by that?
Well, for starters…
You get told by school, mom and pop, the media, and pretty much all of society ideas about what you should do with your money.
Following conventional money advice will ensure you’re one of the 76% of Americans who live paycheck to paycheck, or, at best, get entrenched into the middle class.
I want better for you.
Doing what the majority do usually leads to mediocrity.
Here’s why you should not follow the conventional financial advice out there:
Typical Advice #1 “Save it”
Banks pay you no interest. Never save just to save — save to invest. If you save all your money, you’re simply losing 3% of value a year in inflation.
Typical Advice #2 “Stash it in a 401K/ IRA”
People gleefully stuff their income into a place where they don’t know where it goes and they can’t touch it for 30 years. Someone on Wall Street can mismanage or blow your dollars. Things can go poof in the night by incompetent executives without ethics — see Enron scandal.
Typical Advice #3 “Stick it in a house”
Your money sits in dead equity that doesn’t earn you income.
Typical Advice #4 “Invest in an education at University”
Young adults are going $100,000+ in debt and postponing entering the workforce to get a piece of paper that supposedly will help them get a job (and earn $50,000 a year). But the reality is, schools don’t prepare you to make money in the marketplace!
Don’t follow conventional advice.
I’m going to give you some unconventional advice today.
“You need to think bigger” — Don’t listen to people who say bigger is not always better. Tell that to Google or Facebook. Too many people out there tell you to stay under the radar, stay small, and to NOT get attention. Sorry — you need to THINK BIGGER!
“Only buy things that produce money” — Don’t waste money on things like houses or cars that don’t produce income for you. Start renting an apartment and leasing a car. You need to own assets, not liabilities.
“Keep your calendar full — no white space” — Nothing good happens when you are bored. Get busy being productive. Too many people are telling you to take it easy when you should be working harder.
“Become a Millionaire” — If you’re not a millionaire yet, the reason you aren’t a millionaire is because of the advice you’ve received. You’ve been told money isn’t everything, right? But I’m here today to give you permission to get rich. By the way, a mere millionaire isn’t “rich”, you need to become a multi-millionaire.
Join me this week for an exclusive live training to INCREASE YOUR INCOME.
It won’t be conventional, but usually, nothing very profitable is…
Be Great,
GC
Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the “25 Marketing Influencers to Watch in 2017”. Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, CNBC, and Entrepreneur. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.
