Their wealth comes from your belief. - M.J. DeMarco

Consider the statistics. In 2007, the Washington Post reported that, according to Nellie Mae, the giant student loan service provider, when college students are seniors, 56% of them will have four or more credit cards with an average balance of $2,864. According to a research report by Demos-USA.org, a public policy research and advocacy organization, people in the 18–24 age bracket spend nearly 30% of their monthly income on debt repayment. This is double from twenty years ago. A survey of college borrowers found that the average college senior graduated with nearly $19,000 in student loan debts, and graduate degree pursuers more than $45,000. A 2007 Charles Schwab survey revealed that teenagers believe when they get older, they will earn an average salary of $145,000. The reality? Adults with a college degree earned an average of $54,000.

If your monthly income exceeds your lifestyle expenses including taxes, guess what? You’re retired!

As I streamlined my processes and systems, a slow and steady transformation took place. I worked less and less. Suddenly, I worked an hour a day instead of ten. Yet, the money rolled in. I’d go to Vegas on a gambling spree; the money rolled in. I’d be sick for four days; the money rolled in. I’d day trade for a month; the money rolled in. I’d take a month off; the money rolled in.