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Very true -
11.17.2011, 06:14 AM
This is very true. If you have financial problems and seek out any financial planner to help ease your pains they will sit you down and tell you just that. First you have to re-evaluate your way of life and total expenditures. Cutting your overall spending is the first step in any financial planning. The second step is to pay off yor debt one by one until you are fee from it in order to stop the bleeding. The third step is to setup contingency plans for future growth and retirement savings. Once all of this is done you can begin to look at the long term plan and make arrangements for safety and security with emergency funds and financial control from within. Doin this as an individual is hard enough. Imagine trying to do this as a nation? There is no short cut for any of this. Its difficult, dirty, and seems impossible to defeat.
All of the financial problems of our global community are driven by greed. Even from the simplest homefront we desire the latest technologies and strive to keep up with the rest of the world. This will never end, because its in our nature to be competitive and do what ever it takes to be better than the other guy. The biggest problem is that too many people have found ways to shortcut and avoid the hard work aspect of this scinario(or so they think). The only way this can be successful is to rip off others stealing their hard earned dollars, but it all has a trickle down effect that wil effect all of us. It has gotten to the point that nothing is safe anymore. The only way to protect your nest egg is to hold it as close as possible and hope that no one will steal it from you or trick you out of it. The worst is still yet to come before the results of this greed is fully seen and understood. The worlds economy will continue to dose dive until we all hit bottom. Just remember one thing. "What does a drowning man do"? He will do whatever it takes not to drown including grabbing anyone within reach and taking them with.
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