Kevin's solution to debts

[RED LITE]

So I turned on the tube late last night, and there was Kevin T. hawking another new book.... this one is how to get out of debt!

One claim was that his book tells you how to get thousands of dollars, "and never pay it back".

At least he is writing now about a topic for which he has experience.


RL

 

[Kevin Lindstrom]

nothing new

That system is already in place, it's called the welfare sysytem and there are way too many people abusing that system.

 

[Blackjack]

Kevin claims that "saving money" is the answer also. He is wrong. You can save money all you want these days, but with the devaliation of the dollar, you'll take 1 step forward and 2 steps back. $500 shoved in a bank account 10 years ago is now worth $250 - minus the interest.

Its what you invest your money in that will get you out of debt. Many people invest in liabilities instead of assets. Kevin does that too, just look at the IPT.

He is the last person I would look to for financial advice.

My advice, invest in a copy of Rich Dad, Poor Dad by Robert Kiyosaki.

You'll be glad you did.

 

[Russ Chewning]

Kevin claims that "saving money" is the answer also. He is wrong. You can save money all you want these days, but with the devaliation of the dollar, you'll take 1 step forward and 2 steps back. $500 shoved in a bank account 10 years ago is now worth $250 - minus the interest.

Its what you invest your money in that will get you out of debt. Many people invest in liabilities instead of assets. Kevin does that too, just look at the IPT.

He is the last person I would look to for financial advice.

My advice, invest in a copy of Rich Dad, Poor Dad by Robert Kiyosaki.

You'll be glad you did.

As soon as I read the bit about investing in the liabilities versus assets, I thought about Kiyosaki's book.

We've actually played the Rich Dad, Poor Dad game.

Nobody want to be the doctor, lol.

Russ