The Shrinking MIDDLE Class

Saturday, February 13, 2010



The rich are getting richer, and everyone else is getting poorer. The world economies are heading into 2-class societies: the rich and the poor....
In other words, the middle class is being wiped out!!! Today in Japan, you are either rich or poor. The same thing is happening in many other countries.
Question: Why is this happening?

  1. Value of the dollar falling
  2. National debt increasing
  3. Baby boomers starting to retire
  4. Oil prices rising
  5. Gap increasing between the rich and everyone else
  6. Wages decreasing
  7. Jobs being exported
  8. Social Security and Medicare going bankrupt
  9. Savings being wiped out
  10. Lack of financial education being taught
No panic! In case you're in the middle class right now, still you can CHOOSE to be RICH! What we need to do is learn to take care of ourselves financially. In order to do that, we should start raising our Financial IQ~

Source: Why We Want You to Be Rich: Two Men - One Message
Why We Want You to Be Rich: Two Men - One Message
Why We Want You to Be Rich: Two Men - One Message

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About This Blog

Welcome to my blog! If you're here to discover which book you should read to enhance your financial education, then this is definitely the place! I recommend some of the financial books I've read as well as some latest financial education books & summarize them here. Feel free to leave your comments~ =)

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