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Wednesday, November 9, 2011

postheadericon Consumerism

Seventy-five percent of our economy is built on consumer confidence, a foundation that is amorphous at best. Everything is great when going according to plan, but as soon as it gets hot in that kitchen you are left without any support whatsoever.

For our economy to be strong it has to be built on savings and investment. In addition to building up an emergency reserve, savings can enable you to invest in companies that will provide you with residual income â€" the foundation of building wealth.

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