Orange County, CA -- (SBWire) -- 12/03/2012 --You may be richer than Donald Trump! Here’s an interesting story you may not know about the man: Donald Trump once told his daughter Ivanka that the bum on the street is richer than him.
Obviously puzzled, Ivanka asked why and Trump’s answer was: the bum had zero debt while Donald had lots of it. Studies show that the average American has around $14,500 of debt. With the right mindset however, a lot of people have managed to decrease or even completely wipe out that debt.
Through proper investment in promising accounts such as Banc de Binary, individuals have the chance to be more financially independent than Donald Trump. For anyone who wants to be a financial guru like Trump, here are some ways to be richer even with the holiday spending coming up.
Tip 1: Start Paying off Debts
List down all the outstanding debts, their payment due dates and their corresponding interest. Try paying off the high interest debts first since they will prove to be the most expensive in the long run.
One thing most people seem to forget is that being rich is equal to a person’s assets less liabilities. Hence, the lower those liabilities, the richer you become and the more opportunity for life’s luxuries!
Tip 2: Black Friday and Cyber Monday
It’s not surprising why a lot of people are clamoring when Black Friday and Cyber Monday comes – it’s the perfect time to start buying the latest items without spending a fortune.
Tip 3: Take a Bet
This may sound counterproductive – but taking chances is how lots of investors got rich. One thing people have to remember is that when it comes to stocks, the riskiest leaps are usually the most rewarding. So don’t be afraid to take a plunge on something new and be amazed at how it can completely turn a life around!
Tip 4: Follow the Rich
The rich stay rich because they know exactly how to get ahead of the game and turn things to their favor.
People who want to walk their shoes need to stay on track and make sure that they are updated on every business investment the rich decides to pursue.
Remember: the first people to jump in a new market are usually the ones who benefit most from it so DON’T be a late-comer.
Tip 5: Sign up for Banc de Binary
Banc de Binary is a brand new investment opportunity that is getting more and more attention – especially among the upper echelon. It’s a trading platform that makes it possible for individuals to access personal brokers, financial advice and reliable trading signals.
The service even comes with a 100% sign up bonus for their Standard Banc de Binary Account holders. Once a person sets their mind to a task, going for it is easier. In fact, the recession is when all the creative money-making juices start flowing out, turning middle class employees into millionaires.
Try out the quick tips posted above, paying close attention to Banc de Binary and see how it works out!
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