Student Loan Crisis One trillion, three hundred billion – it’s a huge number. This is what it looks like: $1,300,000,000,000 To put it into context, there were only 14 countries in the world in 2014 with a gross domestic product larger than this number. This number is larger than the amount of money earned by …
Category: Eliminate Debt
In The Secrets of the Millionaire Mind T. Harv Eker says “Rich people manage their money well. Poor people mismanage their money well.”
This is one of the reasons why the second wealthiest person in the world, Warren Buffett, still lives in the five bedroom house he bought in 1957 for $31,500 and, as of 2012, still drives a Cadillac he bought “six or seven years ago.” This is one of the reasons why, supposedly, Jay Leno and his wife live only on his standup comic income and save all his income from The Tonight Show.
Of course, you can claim their financial success is due solely to their enormous income, but we can name as many high-earners who are in financial ruin.