Understanding the real problem

A- The Problem
1- The real problem is not money& has very little to do with money. The real problem is what you don’t know about money.
2- The amount of money that you presently have is directly proportionate to what you know about money.
3- At age 65, after 40 years of working 95% of Americans still struggle financially. Why?
4- If you & I started off at the exact same place financially who would be better off financially in one year? Why?
5- What’s the purpose of school? How do we measure the success of our education system? Is it based on grades, SAT scores or how people do in life financially?
6- You make more now than you made 10 years ago. Why hasn’t your financial situation greatly improved?
7- What’s the one common denominator that you find with all people who struggle financially?
8- What would you pay to enhance what you know about money?
9 – Most Americans will make over one million dollars in their lifetime but die broke.Why?
10- Your income has changed but what you know about money has not changed. Thus your situation has not changed.

Note: Teachers need to be mentors. Meaning they are doing it in their lives instead of teachers who teach what they have read in a book!


B- What people don’t know about money
1- How to solve financial problems.
2- The purpose of a job.
3- Cash Flow
4- How to get out of debt easier
5- How to avoid the debt trap
6-Investment options or 401k plans
7- How to manage…
8- How to avoid foreclosure
9- Creating money without a part time job
10- How to enhance credit scores
11- Tax strategies
12- That there are different types of income


C- If you know more about money this is how you would have more: (monthly)
1- Obtain your regular tax refund now $200
2- Have better credit scores that lower interest & insurance rates $100
3- Wouldn’t have to use check advance stores $50
4- Elimination of NSF’s $100
5- Manage salary to purchase one rental house $300
6- Lower expenses due to better understanding of options $50
7- Convert their talents into a business $200
8- Development of a spending plan to avoid late fees $75
9- Pay off debt quicker $100
10- Est. an emergency plan & fund to avoid new debt $100
11- Understand Investment options $100
12- Have available monies to participate in 401k’s $100


Cornell Jones
Wealth Coach