So I have to admit – I was never very good at managing money until I met Mike. I grew up in a very affluent family where money came easily, and while they did instill a great work ethic in me, I was never really taught how to handle the money that I made. We never talked about investments or savings, and to be completely honest I don’t even really know what a 401k is. Mike taught me to manage my money and control my spending in a way that has led us to a very comfortable place financially… for now.
But what about our future?
When I sat down with my friend Cameron Andrews from Panhandle Financial Services, I was completely lost. Cameron can rattle off numbers unlike anyone I have ever met. When I got that “deer in headlights” look, he slowed down and took the time to explain every detail… I was amazed. There is so much that I do not know – and even more that I *thought* I knew – that I was TOTALLY wrong about. When Cameron mentioned that he was having a free seminar – 25 Truths About Money You Were Never Taught – next week at Rodizio’s Grill – I immediately said I would be there.
There are things that we all were taught about money that were either incomplete or flat out wrong.
Fact is you’ve been lied to by authors, radio hosts, and even your parents. How soon do you wanna know the truth. Aug. 3rd is the day of reconciliation for You. The day that you learn why the rich get richer and the poor seldom escape their impoverished world.
We’ve been taught half truths
Ex.#1 Your Home Is Your Greatest Investment.
Certain radio hosts have said that Permanent Life Insurance isn’t a good place to save or earn a return money. Real Estate is a much better use of your funds.
So you bought a house in 1999 for $200000 and sold it in 2011 for $344000. You would have realized a 72% growth in that 13 year period. $144000 gain not bad you could downsize into a home that fits your new empty nest lifestyle and keep the remainder for retirement. But if we annualize this return by averaging like we do every other investment. It comes to a 4.3% average annual rate of return. Minus maintenance costs.
This and many other eye opening truths will be revealed.
See what I mean? Mind. Blown. And this is just ONE example. I can’t wait to learn more and help make good financial choices for our future. If you want to join the free seminar, just RSVP on the Facebook Event Page. I hope to see you there!