This article from Marketwatch.com is very accurate I believe. I’m in my 40’s and over the last few years I have noticed that there are so many people…mainly millennials that love to take selfies, post it online or take pictures with them in it and some luxury item etc.
There is so much truth behind how much people who become rich, knows and how they think as compared to a poor person. People become rich because they decide to get off their ass, be self aware and learn the skills they need to become successful constantly.
If you are poor, pick up a book and read, when you are done pick up another book, then another and another. For myself, I have read over 36 books in the last 5 years, and taken several courses all on finance, and it has helped my bottom line immensely.
Stephen Molyneux goes through some very interesting statistics that I think every Canadian should know.
You must remember that, what the Canadian mainstream financial media tells you now are “lies”, after all it’s politicians behind a lot what you read in the news. Spinning positivity in everything, while things are falling apart in the background.
The Canadian Government is incompetent and don’t know how to manage taxpayers money.
Remember, the U.S government statistics lie about inflation.
They do not count food or gasoline, ya like no Americans eat or drive…dumb ass lying government agencies.
Add to that, the fact that wages have not gone up, this translate into less spending by consumers and trouble for the U.S economy.
Canadians are at approximately 165% debt to income ratio. It is getting harder and harder to get by with so much debt.
Stop watching the Kardashian’s or Trump and wanting to live their lives with a middle-class income. People are stretching themselves things to live like celebrities on a pauper’s wage.
Central Banks are criminal, they create an environment where the wealth is transferred from the poor, middle class up to the government and elite’s pockets.
Increase money supply will eventually devalue currencies and cause inflation.
Remember, in this environment taxes, government services fees, real estate and cost of living goes up.
