Business & Finance Economics

What You Don"t Know About Money Is Making You Broke

Sometimes they say ignorance is bliss, but on this occasion not being in "the know" is costing you more money than you can possibly imagine.
In fact, it's making you broke! We have a system that is geared to keep you on the hamster wheel in debt.
Unless you know how to break yourself free like the wealthy 1%, you'll never escape.
Have you ever asked the question of what gives money its value? Or, "Are there any consequences to the Federal Reserve just printing money at will?" If you haven't asked these questions, you're not alone since most never ask.
You may be shocked at the answers you'll uncover, though.
Money is a tricky subject, especially when you're trying to understand how it really works and the US monetary system.
Currently, the only thing backing the dollar is the confidence of citizens like you and I.
There's no gold standard anymore.
If you look around the globe, the confidence in the US dollar is weakening at an accelerated pace.
It's value keeps declining in the world markets.
So, how does this effect you? It means you have less buying power and your hard-earned money doesn't go nearly as far as it used to.
See, when the Federal Reserve just prints money anytime it wants with nothing of REAL value like gold or silver backing it, the dollar actually devalues and global markets lose even more confidence.
How can you protect the value of your money? The first thing you can do is to put your money in things that hold value over time.
If you trace throughout history, only a couple mediums have been consistent.
They are precious metals like gold / silver and real estate.
For a disclaimer, I'm not telling you how to invest your money nor am I giving financial "advice.
" I'm simply recommending you follow what the wealthiest 1% of Americans are doing.
There's a good reason why they are wealthy.
I never understood taking financial advice from someone who was fresh out of school with hardly any real world experience.
How can someone who's not a millionaire show you how to become one? Model those that have been successful so you can have the greatest chance to get where you want to be in life.
Should you choose to buy gold, you can house it if you have a safe at home or store it at a secure facility here or overseas.
Don't use a bank.
Reason being, if there is ever an economic collapse, the banks will seize everything like what happened in the great depression era.
Remember, paper money is simply promissory notes issued by the Federal Reserve.
You want to have real assets that hold their value in case of a major downturn.
It's one of the best ways to make you money long-term and keep you from going broke.

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