fukunjiao0504

@@@@@They work harder, but don't get aheadWhat is missing from their education is not how to make money, but how to spend money-what to do after you make it It's called financial aptitude-what you do with the money once you make it, how to keep people from taking it from you, how long you keep it, and how hard that money works for youMost people cannot tell why they struggle financially because they don't understand cash flowA person can be highly educated, professionally successful and financially illiterateThese people often work harder than they need to because they learned how to work hard, but not how to have their money work for them The story of bow the quest for a Financial Dream turns into a financial nightmareThe moving-picture show of hard-working people has a set patternRecently married, the happy, highly educated young couple move in together, in one of their cramped rented apartments Immediately, they realize that they are saving money because two can live as cheaply as one The problem is, the apartment is cramped They decide to save money to buy their dream home so they can have kidsThey now have two incomes, and they begin to focus on their careers Their incomes begin to increase As their incomes go upheir expenses go up as well1 expense for most people is taxesMany people think it's income tax, but for most Americans their highest tax is Social SecurityAs an employee, it appears as if the Social Security tax combined with the Medicare tax rate is roughly 7 percent, but it's really 15 percent since the employer must match the Social Security amountIn essence, it is money the employer cannot pay you On top of that, you still have to pay income tax on the amount deducted from your wages for Social Security tax, income you never receive because it went directly to Social Security through withholding Then, their liabilities go up This is best demonstrated by going back to the young coupleAs a result of their incomes going up, they decide to go out and buy the house of their dr