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Why The Monopoly Game Is Bad For Your Wealth Monopoly is a zero sum game based on competition. Since the money supply cannot increase, the players can win only by taking money from other players. The fundamental belief behind Monopoly is lack of money. This means that the only way to get more money is to take it away from others. Why Now Is The Best Time To Sell With Owner Financing The time value of money demonstrates why you can make more money by selling sooner at a discount than waiting to sell at a higher price. At first, this concept might be difficult to understand. The Greatest Mistake In Most Retirement Income Advice Do you need a certain amount of retirement income to retire? After reading many articles addressed to consumers about the need to save money for retirement, I have concluded that much of this advice is based on restricting assumptions about money. As a result, much financial retirement advice is bad retirement advice. The Mindset Change Behind A Successful Dissertation People struggle with theses and dissertations for psychological reasons more than writing reasons. The psychological challenge behind writing a dissertation is that you must claim that you are now an expert. How Banks Use Your Money To Make New Money Bankers are magicians who know how to create money. In fact, banks are in business to make money. They make money using the deposits of their customers. This is why banks provide bank checking accounts and loans. They need money to make more money. The deposits of customers become the raw materials the banks use to make more money. The Bible And Money The Bible is a controversial book because people have such different beliefs about it. Some treat it as literal truth. Some regard it as literature and moral guidance. Others think that it is all nonsense. What Is the Biggest Money Mistake In Business? I once took a class called "Accounting For Non-Accountants." The class was taught by a CPA who said that business owners often hand over their accounting to someone else. He identified this as the biggest mistake business owners make in their businesses. Business owners need to understand what is happening with their money. He didn't mean that business owners need to do the accounting tasks. Federal Reserve Rate Changes and Consumer Interest Rates Interest rate changes are the most widely publicized method the Federal Reserve uses to control the money supply. Do You Know How The Fed Pumps Up The Money Supply? Have you seen the news reports that the Federal Reserve has "pumped" money into the economy? Have you wondered exactly what that means? How exactly does the Fed "pump" more money into the system? How Debt Builds Real Estate Wealth The savviest real estate investors know the difference between good debt and bad debt. Did Jesus Really Say You Won't Get Into Heaven If You're Rich? One way to think about Jesus and money is to consider the old joke about three types of people in the world. Real Estate Success Through Teamwork The most successful investors have a teamwork mentality. Think of real estate investing as a team sport. The more you surround yourself with people who have resources, knowledge, insights, and relationships you don't have, the more money you will make.

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