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No. of Recommendations: 7
I think a lot of people have a tendency to look at small expenses as being insignificant, and don't realize that they can really add up.

And why is that? Mebbe because they are told so by financial "experts".

"People need to stop always looking at the expenses portion of their budget. … It is usually the shortage of income that gets people into trouble," Cardone says.

Psst. Stay on that treadmill. There is massive amounts of consumer goods you NEED!

Those who want to have a large nest egg need to stop thinking in terms of trading time for dollars, Siebold says. Instead, acquiring wealth is a "nonlinear process and comes from generating ideas that solve problems," he says.

In fact, most fortunes can be created almost overnight, if you have the "right idea at the right time," Siebold says.

Psst. Stock trading is the path to riches! [at least for your broker]

Cardone agrees. He says that many middle-class money woes don't stem from big spending, but from not enough income being generated by members of the household.*

I know several divorced people with excellent income that were unable to keep the spending of former spouses. In the end it became a deal breaker.

I read the entire article & couldn't find any explanation on why Cardone was an expert. Or even what he did for a living.

I did find there is a Grant Cardone on CNBC. He is a super salesman. His books:

*What I find interesting is that he does have a problem with federal government spending & throwing more taxpayer money at any problem. I dunno seems inconsistent to me.

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