Most of us grow up being told to go to college, get a good job, buy a home, save for retirement, and live happily ever after.What a HUGE SCAM!
First of all if you are poor, you will most likely remain poor if you follow this advice. You will just be another hamster running in the giant Ponzi wheel.
Here is an example of plain Jane getting royally screwed:
18 yrs old - 1st yr of college. average academic student. middle class parents. no money to pay for tuition. But the government will be extremely happy to lend you money throughout your college years for you to pursue your degree. Bye bye $$ to tuition fees.
22 yrs old - after 4 yrs of college, you end up with over $30,000 in student loan debt. Time to pay it off, and the gov't starts to charge you interest. You find any job that hires you so you can start paying off your debt & your starting salary is $40k. The gov't starts taking income taxes. Bye bye 30%. Anytime you buy anything, Bye bye $$ to sales tax.
Buy a car to drive to a job you don't even like. Bye bye $$ to car payments & interest & 1hr everyday for depressing commute.
Start saving for retirement, Bye bye $$ to financial adviser for 40 years.
Buy a home you can not afford, the bank will gladly give you a 30 year mortgage. Bye Bye $$ to mortgage payments & interest.
You start to wonder when will you start to KEEP some of your money. Well good luck with that because the only advice you get is to start a budget and stop buying lattes. WTF, saving $5 here and there isn't going to pay for your THOUSANDS of DOLLARS of DEBT & INTEREST!
My goal is to try to give you REAL Financial advice so you can buy thousands of lattes or whatever you want.
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