The Top 10 Reasons The Rich Go Broke

Learning from your mistakes makes you smart. Learning from other people’s mistakes makes you a genius. There are two ways to share knowledge, you can push information out or you can pull them in with story. A good story well told, can change the world. After 25 years in the trenches working with thousands of individuals and small business owners, John MacGregor opens the vault on 10 incredible stories that have the power to transform your financial life forever. In this book MacGregor reveals 10 real-life stories of people he encountered who had everythng and lost it all. It is here, MacGreogor reveals for the first time “The B.E.A.R Trap”, THE four underlying reasons why so many people go and stay broke. Using jaw dropping stories, this book answers and solves why: • 78% of people are living paycheck to paycheck • 65% of people could not come up with $400 today for an emergency expense • Why money is the #1 source of stress in our society • AND, why this problem is getting worse – not better - despite the thousands of how-to-books, DVD, and online resources available. Unlike the thousands of traditional “how-to” personal finance books that use traditional methods that rarely elicit change in people, these stories elicit something deep within the reader that allows people to make meaningful transformations in their life. The BEAR Trap formula is not only effective in your financial decision making, you can use it anywhere in your life to avoid painful outcomes and pitfalls. Though this is about the rich going broke, the amount of money doesn’t matter as everyone of these stories can pertain to you and your family

Learning from Your Mistakes is Smart Learning from other People's Mistakes is Genius Change your financial future forever by understanding the mistakes that rich people make, why they make them and how you can avoid them. Are you happy living paycheck to paycheck? Is just 'getting by' financially how you want to live your life? Will your financial plan give you the freedom to live the life you desire? Do you want to attain financial freedom and peace of mind? Embark on a journey through 10 revealing real-life stories that offers intimate access to why people go broke and why these lessons are vital for anyone looking to achieve and maintain financial freedom and peace of mind. Author, speaker and financial expert John MacGregor reveals powerful stories that contain crucial insight and actionable strategies you can apply immediately. Learn about "The B.E.A.R. Trap", the driving force behind why so many people go and stay broke and how you can use this in your own life to once and for all discover true financial peace and freedom. This is about YOU and the ever growing challenges you face every day. This is YOUR survival guide, so you can stop living with financial stress and anxiety once and for all. This book answers and solves why: 78% of people are living paycheck to paycheck, How financial stress and anxiety is devastating our society, Why this problem is getting increasingly worse, not better, AND, how you can use these stories to achieve the life you deserve The Million Dollar Lesson: Learning from others' failures so they won't happen to you Book jacket.

How to change your free-spending ways, live luxuriously on a budget, and build a sound financial future From the founders of GoldenGirlFinance.ca comes a new book on how to get your financial house in order and enjoy the freedom and happiness that comes with a secure financial future. In 10 Ways to Stay Broke. . . Forever, you'll learn why focusing on living well now is almost always a path to poverty later. You might have a new car, a beautiful house, and a wardrobe to die for, but you're shortchanging yourself if you haven't started saving and investing for retirement. In 10 Ways to Stay Broke . . . Forever, personal finance gurus Laura McDonald and Susan Misner show you how to start planning for tomorrow today. With simple guidance and straight talk about finances, they explain the things women do to stay broke and what you should do instead. From the founders of GoldenGirlFinance.ca, the leading personal finance site for Canadian women Written in an engaging, accessing, and conversational style that takes the fear out of the complex world of finance Features practical, actionable advice for taking control of your personal finances with real-life examples and handy tools Having money in your pocket is a great feeling. But there's no more amazing feeling than financial security. Having money in the bank means having power, possibility, and opportunity—and nothing feels better than that!

Talking about money sucks; but so does being broke. Do your eyes glaze over just thinking about the mumbo-jumbo of finance? Do you break out into hives at the thought of money? Well, sister, you are not alone. In RICH BITCH, money expert and financial journalist Nicole Lapin lays out a 12-Step Plan in which she shares her experiences, mistakes and all, of getting her own finances in order. No lecturing, just help from a friend. And even though money is typically an off-limits conversation, nothing is off-limits here. Lapin rethinks every piece of financial wisdom you've ever heard and puts her own fresh, modern, sassy spin on it. Sure, there are some hard-and-fast rules about finance, but when it comes to your money, the only person who can spend it is you. Should you invest in a 401(k)? Maybe not. Should you splurge on that morning latte? Likely yes. Instead of nickel-and-diming yourself, Nicole's advice focuses on investing in yourself so you don't have to stress over the little things. But in order to do that, you have to be able to speak the language of money. After all, money is a language like anything else, and the sooner you can join the conversation, the sooner you can live the life you want, RICH BITCH rehabs whatever bad habits you might have and provides a plan you can not only sustain, but thrive with. It's time to go after the rich life you deserve, and confident enough to call yourself a RICH BITCH.

The New York Times bestselling financial guide aimed squarely at "Generation Debt"—and their parents—from the country's most trusted and dynamic source on money matters. The Money Book for the Young, Fabulous & Broke is financial expert Suze Orman's answer to a generation's cry for help. They're called "Generation Debt" and "Generation Broke" by the media — people in their twenties and thirties who graduate college with a mountain of student loan debt and are stuck with one of the weakest job markets in recent history. The goals of their parents' generation — buy a house, support a family, send kids to college, retire in style — seem absurdly, depressingly out of reach. They live off their credit cards, may or may not have health insurance, and come up so far short at the end of the month that the idea of saving money is a joke. This generation has it tough, without a doubt, but they're also painfully aware of the urgent need to take matters into their own hands. The Money Book was written to address the specific financial reality that faces young people today and offers a set of real, not impossible solutions to the problems at hand and the problems ahead. Concisely, pragmatically, and without a whiff of condescension, Suze Orman tells her young, fabulous & broke readers precisely what actions to take and why. Throughout these pages, there are icons that direct readers to a special YF&B domain on Suze's website that offers more specialized information, forms, and interactive tools that further customize the information in the book. Her advice at times bucks conventional wisdom (did she just say use your credit card?) and may even seem counter-intuitive (pay into a retirement fund even though your credit card debt is killing you?), but it's her honesty, understanding, and uncanny ability to anticipate the needs of her readers that has made her the most trusted financial expert of her day. Over the course of ten chapters that can be consulted methodically, step-by-step or on a strictly need-to-know basis, Suze takes the reader past broke to a secure place where they'll never have to worry about revisiting broke again. And she begins the journey with a bit of overwhelmingly good news (yes, there really is good news): Young people have the greatest asset of all on their side — time.

Please note: This is a companion version & not the original book. Sample Book Insights: #1 Everyone has the same problem when it comes to money: they use money to dull their pain rather than fulfill their purpose. Most people today are caught in a cycle of financial despair. #2 The financial crisis is the greatest epidemic in our society, and it’s affecting more people than all diseases combined. I wrote this book to help you understand how you can live abundantly and no longer stress about your finances. #3 The guidebook that comes with The Top 10 Reasons the Rich Go Broke is designed to help you understand your financial views, history, beliefs, standing, and even literacy. It will help you be more engaged in your financial education. #4 Curiosity and a sense of satisfaction are the two reasons people get involved in this book. The stories contained in this book are personal, and they concern people I know. They provide a glimpse into the minds of highly successful people who lost almost everything.

*** REVISED AND UPDATED EDITION *** "This book is a wise investment" Financial Times "A marvellous money manifesto" Helena Morrissey DBE, financier & founder of 30% club One out of three millennials today will never be able to buy their own house. Does it have to be like this? You're Not Broke You're Pre-Rich will tell you that it really doesn't; you can have your avocado on toast and stop renting and start saving too. In this book you will learn how to : Rent smart Buy a home Get a better salary Manage a credit card Understand your net worth / credit score Save more money Live within your budget Build a pension Invest Pay off your debt forever This essential handbook will help debunk the financial jargon and break the money taboo. Packed with actionable tips and no-nonsense practical advice, You're Not Broke You're Pre-Rich will teach you how to make your savings work for you, how you could invest your money, why you need to understand your pension and why your financial health is just as important as your mental and physical health. This updated and market-leading manual will be your comprehensive guide to financial freedom, giving you the confidence and conviction to regain control of your bank balance and live a happier, richer life.

From America's most trusted financial advisor comes a comprehensive guide to a new and utterly sane financial choice. In Die Broke, you'll learn that life is a game where the loser gives his money to Uncle Sam at the end. There are four steps to the process: Quit Today No, don't tell your boss to shove it...at least not out loud. But in your head accept that from this day on you're a free agent whose number one workplace priority is your personal bottom line. Pay Cash You should be as conscious of spending as you are of saving. Credit should be a rarely used tool for those few times (buying homes and cars) when paying cash is impossible. Don't Retire Your work life should be a journey up and down hills, rather than a climb up a sheer cliff that ends with a jump into the abyss. Die Broke It sounds terrifying, the one intolerable outcome to your financial life. And yet, in truth, dying broke might be your best option for a life without fear: fear of failure and privation now, fear of impoverishment in the long run.