The Money Mastermind Club

A lot of people are poor because of myths or wrong assumptions about money. For you to become rich, you have to know the realities and the myths of money making.

Money myths # 1: If I had chosen a lucrative career, I would have been rich.

Reality: There are millionaires in all profession. Anything can make money. You don’t look for a lucrative career; you make your career lucrative.

Money myths # 2: If my parents were rich, I would have made it.

Reality: Most super rich are from poor families and some from average families. Even those from rich families had to create there own personal wealth.

Money myths # 3: If I were better educated, I’d make more money.

Reality: You need education outside the lecture halls. After all well-educated people are not rich. You have to go into private study and exercise your mind for financial excellence.

Money myths # 4: If I had better breaks, you know, at the right place at the right time, I would have become successful.

Reality: The super rich weren’t lucky, they only prepared for luck. Opportunities and luck are created not waited for.

Money myths # 5: If the economy was better, I’d be wealthy.

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Luckily for me, in some ways (I guess) being skeptical has saved me a lot of time, energy, and probably grief.

Add to that the current state of advertising in the world as well as internet advertising and Spam, I get the tiniest bit peeved at someone trying to sell me the same tired scam over and over (I'm laughing - but it's true).

With that said, I hit http://www.missingmoney.com this morning after it came up on one of my Google alerts and would you believe - it's for real!  AND I even found some unclaimed money of my own.

I printed out the claim form and I'll be sending it off to the state of Florida later this morning.

Who knew?

Now - it's not like I'm going to be retiring now, but hey!  What the heck?  (lol - laugh out loud)

It's the only website endorsed by the National Association of Unclaimed Property Administrators and is run in cooperation with the States.

Best part of it?  It's absolutely and totally FREE!  Yes; that's right!  You don't have to drop fifty bucks just to find out.

Better yet; it's fast and easy.  Easy search page, sent me to the right page of Florida's government website to begin the claim, and start to finish I'd say it took me about 3 minutes.

If I could make that kind of money ALL the time for all the ways I invest my time, I'd be definitely sittin' pretty!

So - go check it out and see if you have an unexpected windfall waiting for you.

One of the things I noticed in the results page is that there's a lot of unclaimed Life Insurance out there, so no matter how cynical you are about "unclaimed money" you may have some realy money coming to you. 

Enjoy your weekend, and happy hunting,

Tracy

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Best Financial Advice of All Time:  The Top 20 Money Rules from some of the smartest investors (and other people) who have every lived.

Money Magazine recently featured an article on the Top 20 Rules that were the best advice of all time.  Here's what they had to say on the subject.

#1 Money Rule:  Be humble. 
"When you do not know a thing, to allow that you do not know a thing - this is knowledge."
Confucius Quotes
"Ask yourself, 'What if I'm wrong?'"
Money Magazine Quotes

#2 Money Rule:  Take calculated risks.
"He that is overcautious will accomplish little."
Friedrich von Schiller Quotes

#3 Money Rule:  Have an emergency fund.
"For age and want, save while you may; no morning sun lasts a whole day.
Benjamin Franklin Quotes

#4 Money Rule:  Mix it up.
"It is the part of a wise man to keep himself today for tomorrow and not to venture all his eggs in one basket."
Miguel de Cervantes Quotes

#5 Money Rule:  It's the portfolio, stupid.
"Asset allocation... the overwhelming dominant contributor to total return."
Gary Brinson, Brian Singer and Gilbert Beebower Quotes

#6 Money Rule:  Average is the new best.
"The best way to own common stocks is through an index fund."
Warren Buffett Quotes

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