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Chapter 7 Notes
Robert's Topics > Chapter 7 Notes > Financial Advice for Average People
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LizatPatea - 5/17/2009 6:12:58 AM
Average advice
Most people think thay can't change how the financial system works be cause 'that's the law'. They don't take a step back and ask 'who makes the law?' and then the next step back and ask how come 'they' are allowed to make the law.
I think the biggest thing that obscures the fact that we could all have everything we want is the idea that we are not free.
It was not until I got the cash flow game and started to read RK's books that I realised what a crock the PAYE system is -talk about highway robbery!
So
the worst piece of advice I have ever recieved is that the financial system is the way it is and there's nothing you can do about it. Roll on the Revolution!
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realgodwoman - 5/17/2009 3:29:17 PM
Conspiracy of the Rich
One conspiracy that I ponder now is when looking for employment. I returned to school to earn a degree, that I have not finished, and with all my work experience and education, I am financially in debt because I thought that a higher education would be the catalyst to earning a much higher income.
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robertpo - 5/17/2009 3:46:54 PM
Average Advice?
Stop all that school stuff, get a job, meet a nice Sicilian girl, and settle down and start a family. All said, I'm starting to think- along with several friends- that the first suggestion was worth considering. High school was more than enough for a good, basic academic education. After that, the goal should have been financial security and independence. After that, any other pursuit would have been possible.
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goldsilversurfer - 5/17/2009 6:49:19 PM
A=Averages
Hi,

I have receive lots of average advice which Mr Robert have stated in chapter 7.The one that is worth repeating is,AS LONG AS YOU HAVE A JOB,YOU SHOULD BE FINE.

Even now when millions of people around the world have lost their job,these advice are still coming to our ears thick and fast.

From where I come from,Singapore,some average people are still saying the same advice I mention above because they think our country and government will be fine and won't be affected from the world's problems.Sometime I wonder whether these people know that we are part of the world!!!
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fredtomeh - 5/17/2009 11:47:18 PM
Financial Advice for Average People
Rich people don't have the heaven, just poor people. Saint Francisco is the model.
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rem10430 - 5/18/2009 2:05:55 AM
what average advice
It takes money to make money. If this is true, how does anyone start?

Get a good job, most people cannot do anything else. I was told to forget trying to start a business or anything else except work for other people.
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WCSI - 5/18/2009 3:41:06 AM
What average advice received
Not to risk money or time in a business in these times of financial trouble.
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kaiscooler - 5/18/2009 9:26:58 AM
Financial Advice for Average People
For average people....I would say that they would normally be advised to "Get a good an secure job and build your own business once you've mastered the profession, then build your own business" Although, most of the time they tend to stay in the left side of the quadrant, the "S" quadrant. Being self-employed and unable to find real financial freedom. (That includes me and my family)
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spatial7 - 5/18/2009 9:28:23 AM
Financial Advice for Average People
For those like me who are graduating a science college...

1. Be a good 'Scientist' and researcher.
2. Complain to the government that there's many rich people doing so much wrong. Pass it on to others... *sigh*
3. Get a job a national research firm...
4. If you can get a PHD, go get one!
5. You're still in College/Uni no need to start looking for money, you can immediately get a job coz you're from a famous Uni...
6. Get a scholarship, keep on going to school in the best field you're at...
7. No need to worry about money! You're smart after all!

&&&&&&&&&&&&&&

There's a catch on no. 3... they'll pay you loads BUT when your not in line (or don't do as you're told) they can cut your income just like that.

Seriously... when you go into an education environment who don't understand and most end up being cynics, it's hard not to think your the only one sane enough knowing how money works and how it effects people. Scientists can be whimpy about money, you imagine it does cost of fortune to start a research? Especially with nifty equipment... ~.~

Sorry, I like going out on trips. I'm not intending to follow those advises, I'll be stuck in a lab all day (Or not ending school at all). I'm better off being financially free to do what researching I want to do and how I spend my time.
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vincent.woodhall - 5/18/2009 7:38:12 PM
Financial Advice
I am an American, ex-US Marine, and living abroad in Europe for almost 20 years now. (currently in Scotland in the UK)
I have run several businesses over the years, and the thing that still amazes me to this day is the big empathises on the "go to school , get a degree, and get a good job for life institutionlised mentality that is still being taught to this day?
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