Money Making Online

Based on Kiyosaki’s work

Currently, United States are in the middle of presidential campaigns again while there are reports of a fiscal deficit greater to the expected one and the candidates avoid the more difficult questions with regard to the financial situation of this country.

There is an inconvenient truth and the politicians don’t want to talk about it, maybe due to the shame that they would have to face if they would decide to talk with total honesty: the enormous costs for the budget caused by the aging of the postwar generation or baby boomers.

Medicare and the costs of the pensions will grow to unsustainable levels for the current fiscal system of the United States, and if the Government don’t take the necessary actions, then we are about to enter in a dark period for millions of people who are nearing their retirement age and other people belonging to the middle class, due to the necessary taxes in order to finance the inadequacy of funds.

That is to say, eventually we will see a financial massacre for the middle class that tends to disappear with devastating financial consequences for those who have their employments or their professional services as the only income source.

During years, the governments have hidden the truth. The people believe the politicians and the corporations will take care of them if they cannot by themselves in their old ages, when it is evident it won’t happen.

Unless we take the financial control of our lives, we could live some difficult times soon because our incomes will be exposed to the money thirst of the Government in order to solve the fiscal problems.

There is a big lie inherited from the industrial era: people must find a great employment with excellent benefits. Then, hopefully the companies or the Government will take charge of them with a pension. Maybe this was true for a while, but now it don’t work anymore. Right now we can see a lot of people criticizing the financial system because, according to them, it is made for favoring to the rich people while it is harming the poor people and middle class people.

Actually, the fault is not in the rich people or in the financial system. The fault is in the scarce financial education learned by the people in order to be able to take the financial control without depending on a salary only. The fault is in the ignorance that maintains the poor people in a hole with no exit while the middle class is sinking in consumption debts in order to buy things they don’t need instead of making investments or using the money to create some businesses.

Increase your financial IQ as soon as possible! Now, we only have two ways to make the things related to the money: the quick road and the slow road. Only two roads. And without financial education it is impossible to be in the quick road.

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Robert Kiyosaki

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