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One Question Tells How Greedy you are!

February 23rd, 2005 at 01:18 am

A good friend sent me this and I thought I'd share....

************************************************ One Question Tells How Greedy You Are!

We are a greedy nation. When faced with that classic question--"Which would you rather have: More pleasure or more money?"--we choose the money hands down. Fully two-thirds of those polled picked treasure over pleasure, according to a poll of 1,001 adults conducted by Blum & Weprin Associates for The Rich Dad Company, an organization that teaches personal finance and business.

Why do we need so much cash? The answers are revealed in other areas of this fascinating poll:
--40 percent admitted they would run out of cash if they were unemployed for three months.
--66 percent say they do not have enough cash to cover a year of unemployment.

The rich really are different:
--Rich people think about their money more, but worry about it less.
--55 percent of those making more than $150,000 spend a lot of time planning for their financial futures, but only 14 percent of the wealthy spend time worrying about their finances.
--45 percent of those making less than $50,000 spend time worrying about their money, but only 25 percent of them spend much time managing it or planning for retirement.

What's the best way to secure a bright financial future? The answer may surprise you. It's not a safe, secure job. Instead, the key is to get a financial education, learn the difference between an asset and a liability, and rather than work for money, learn how to get your money to work for you, says Robert Kiyosaki, co-founder of The Rich Dad Company and best-selling author of the "Rich Dad Poor Dad" series of personal financial books. "People are just eat, drink, and be merry and pretend we don't have a problem in the future," Kiyosaki said. "Americans need to wake up! Safe, secure jobs are about as common as Indian-head nickels and carry the largest tax liability."

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