Based on data from the College Board, here is the average annual cost of college education, including tuition, room & board, books & supplies, transportation, etc.:
Public Colleges (in-state): $25,290
Public Colleges (out-of-state): $40,940
Private Colleges: $50,900
That is the AVERAGE Cost for Just ONE Year!
A long-standing key to wealth is the idea to “pay yourself first.”
“Pay yourself first” was first coined by George Samuel Clason in the 1920s. Clason was a successful entrepreneur who wanted to share his secrets of wealth by distributing a series of pamphlets that delivered nuggets of financial wisdom through parables set in ancient Babylon – once the richest city in the world.
Would you pay your mechanic if he didn’t fix the faulty alternator in your car? Then why are you paying for financial advice?
Financial advisors get paid whether you make money or not. If you make a profit or if you lose money they get paid. That doesn’t sound fair.
Everybody wishes they had the power to predict the future – especially when it comes to the markets. If they could, they’d be rich.
Short of that mystical power, people turn to so-called “investment gurus” for guidance, believing that these self-proclaimed experts have the uncanny ability to predict movements in the market and even specific stocks.
Are you looking for an adrenaline rush or do you want to create lasting generational wealth?
Sticking to what works is generally a sound investing strategy, but that doesn’t stop investors from continually chasing the next big thing. How often have you heard something like this? “If you had invested $10,000 in Apple’s IPO in 1980, your stock would be worth $6,756,400 today.”