Title: Managing Your Money

" Money time looking for financial security to protect her assets to make -- Recession proof as possible and new book on shelves right now the money track -- that the real person's guide to successful investing. We learned the principles and techniques to become financially successful at -- Here explains the author and expert in good to see you this morning making history can be years you made it out this -- and I can't tell you that was an -- and it. Isn't. A lot of people think -- make money. Stock market or investment money -- so. It's really not a game for me but not necessarily true that the best kept secret about investing in small amount of money. Over long periods of time. And in the book. We have historian. Or -- parking lot attendant for forty years. Never made more than twelve dollars an hour his entire life. 20000 dollars -- year and yet he was able to invest his way eyewitness near poverty. And by anybody's standards he's wealthy today with a network of over dollars which -- It's intimidating for a guy like him or for that matter. Other people who may be do you make a little bit more money on May have more education he still -- You said it -- this man was dyslexic. High school educated. And yet the best part of historians -- parking lot happened to me in the middle of the financial district and next to a bank. In he would here's the bankers the lawyers brokers. Discussing their investments and it prompted him to start to learn about the basics of investing which is way to pay off. But the great thing about the book as I was even if any areas that. The different chapters were down different idea -- and asked looking at retirement. An -- fault for the average show. Really investment is the way to go to plan for the -- yes and yet to start what Earl did really basically it was like three things that he did right and his wife in the heart the first one. Was the hardest which was you gotta figure that an equivalent twelve dollars an hour back then most news bit more than minimum wage figuring out. How can I live in fine entertainment value on twelve dollars an hour most people said he can't do it. Have to borrow. To have the flat screen TV at -- etc. but he kind of figured out in it was really think he could. Creator routine and construct two teens with in the twelve dollars an hour and still. Then and you know fine and do things he wanted to do that was hardest part but once he did that -- the second thing he did right. He recognized that good credit. Is a tool and weapon. Because he knew he would when they want to borrow money to buy a house so his credit was perfect. Impact couple when he went by that house at all those years -- used that knowledge the good things from those bankers and brokers in conversations to start buying tiny amounts of Coca-Cola IBM. GE. So this is how he accumulated -- used compound interest. Any had the money because he'd been well sir our pencil let's let's. Go back to book now he ticked me step by step with the very first thing to do -- bike here today united site I've got to start. I think personally looking at -- and looking at your lifestyle and take the stress out of your life and really try so hard. To get rid of this things that are -- of your borrowing. To pay for -- today. So fond of pasta dinner tonight. My bill in six months but I still haven't -- that -- after dinner things like that count. Rain really capture and arrest at this point all the little bit skittish. We look at -- for -- is look at the money that we have invested. It doesn't seem to exist right away talent as -- that's right well that's a paper loss. Exactly the -- ways when your house was valued at over million dollars but it was really more like 800 that are whatever -- number here we thought we were millionaires on paper rethink where. Now impoverished on paper. But this is the viola you know violence are high here this is the -- I would be looking at really really high quality conservative investments in. This is a great place to start really getting educated right right if you if you haven't been investor in the past now use the time to get -- And you'd just. Get educated. It's pretty easy this team needs to educated went girl trolley. You know back sixty in in the sixties. Was investing he didn't have a 401K. That invest it automatically for him every month. He didn't have the -- we have all kinds of what's that to our web site. You can and -- and money dot com and you can go to any number of great web sites. And just learn the basics and that the best part is the based afterward the payoff. And you know -- teaches us the moral stories and -- If I can do you can do it that's from -- we can also go to a terrific book gets the money tracking method the real persons died. To successful investing and it hasn't passed -- 11 certainly like to see it at great to -- thanks for coming continued success of the bank."