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Imagine this. You buy a home, live in it, then buy another. You build your wealth through real estate—and then retire rich. It may sound too good to be true. But it’s not. It has happened, it’s happening now and it will continue to happen for millions of people over the next few decades. The question is, will it happen for you?
If you want the answer to be “yes,” then stop what you are doing and open this book....
If you want the answer to be “yes,” then stop what you are doing and open this book....
Author
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Drawing on the groundbreaking U.S. Financial Diaries project (http://www.usfinancialdiaries.org/), which follows the lives of 235 low- and middle-income families as they navigate through a year, the authors challenge popular assumptions about how Americans earn, spend, borrow, and save-- and they identify the true causes of distress and inequality for many working Americans.
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Throughout her life, Alexandra Penney's worst fear was of becoming a bag lady. Even as she worked several jobs as a single mother, wrote a bestselling advice book, and became editor in chief of Self magazine, she was haunted by the image of herself alone, bankrupt, and living on the street--she even went to therapy to alleviate the worry. And then, one day, that's exactly what happened. She had taken a friend's advice and invested nearly all of her...
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