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Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy Ever by David Trahair

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4

The Trap: Why You Aren't Getting Rich and They Are

I understand that many people think they'd like to get rich. The problem is that most of them have no idea how to actually do it and that opens them up to become the source of other people's riches. In other words, they look for other people to make them rich—and actually end up poorer as a result.

I'll give you an example.

I am looking at a well-produced piece of junk mail that offers to teach me how to make money on the Internet. If I go to the free seminar, the self-made millionaire promises to reveal how I can generate income 24 hours a day, seven days a week, without a lot of technical experience, inventory, staff or headaches, from the comfort of my home.

My question is: if the person is so successful, why not just use the system to make millions from the comfort of his home? That's probably because it actually isn't that easy. It's easier for him to fill seminar rooms with people willing to give up their hard-earned cash to learn the “secret.”

The people who offer the secrets to getting rich know that the key to riches is the cash flow. Seminars, at least successful seminars, bring in fees from the seminar itself but also from related things like book sales and newsletters of the seminar leader and his or her associates.

I am not saying that all seminars like these are designed to take advantage of you. Many might provide useful information. Just be wary.

From now on I'd like you to view anything that promises to make ...

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