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THE | PARABLE OF THE PIPELINE POT e Wa they Ongoing Residual Income In The New Economy BURKE a AUTO OF UATE JORA SLUEH "DENNER CO You Can Become the Millionaire Next Door! Dear Reader: One hundred years ago, it was virtually im- possible for the average person to become a millionaire. Take a look at these lifestyle sta- tistics at the turn of the 20th century: In 1900, the average wage in this country was 22¢ an hour. The average worker earned be- tween $200 and $400 a year, well below the pov- erty line at the time. Only 6% of all Americans had graduated from high school. Life expect- ancy was 47 years old. Only 14% of the homes had a bathtub. There were 8,000 cars in the United States and only 144 miles of paved roads. Until WWI, the average American family spent 80% of their income on the basic necessities of food, shelter, and clothing. Ina word, 100 years ago, there were basically two economic classes: The rich. And the rest. Only one in 10 families was upper class or middle class. Which means that in 1900, 90% of the people in the U.S. would have been clas- sified as poor. THE PARABLE OF THE PIPELINE Middle Class Still Living Paycheck to Paycheck Flash forward 100 years to 2001. The median family income today is $47,000, There are more cars in this country than People. Most families own at least two TVs. Life ex- pectancy is 75. Today, average people have more disposable income... more leisure time... and more career options than ever before. Yet most of the nation’s 72 million families are still living from paycheck to paycheck, Take away equity in the family home, cars, and fur- niture, and the average family has zero assets, ZERO! While family income is up, so is family debt and hours spent working. What's wrong with this picture? Are You Plugged into the Wrong System? What’s wrong is that too many people have bought into the wrong plan. They’re plugged into the wrong system, And they lack a funda- mental understanding of how wealth is created and accumulated. I’m going to made a bold statement that may shock you. But it is absolutely, unequivocally true. Ready? The simple, unvarnished truth is that today, becoming a millionaire is a matter of choice, not chance! That’s right — today, virtually anyone earn- ing a middle class income can become a mil- lionaire. Impossible? Not at all. Actually, it's rg ae: -

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