Sunday, November 30, 2008

What's Wrong with This Picture?


If You Don't Know What's Wrong with this person's idea about the relationship between making “more than the minimum payments" on her credit cards each month, then you don't understand how we Americans got into the financial mess we're in.

It's Never Too Late to Learn. But it's long-past time to get started.

Recommended Reading: The book, Rich Dad, Poor Dad, by Robert Kiyosaki, is a fun, easy-to-read guide to essential principles of income and outgo, assets and liabilities. The book may understate some of the risks involved in various types of investing, but it provides just the best basics

Can the American People Learn the difference between spending and investing? Between assets and liabilities? Can we, the American people, learn to control our spending on things we can't afford?

We, the American People, Decided by Vote in last-November's presidential election:

"Yes, We Can!"

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