How To Be the Ultimate American Consumer

Feel like a lemming lately? Ready to follow the crowd into the great plunge of Ultimate American Consumerism? Just in case you need a little help, here is a tongue-in-cheek look at how to continue the process of becoming the Ultimate American Consumer!

1. Always spend right at the level of your after-tax earnings. Having surplus dollars is troublesome. It's difficult to know exactly what to do with them.

2. Forget having 3, 6, or even 12 months of basic living expenses tucked into a liquid account such as a money market or CD. Why bother?

3. Purchase repeatedly, often, and preferably on credit, items that rapidly depreciate such as cars and consumer goods. Why pay all cash for something when you can use OPM (Other People's Money)?

4. Maintain at least $7,000 to $12,000 of revolving credit card debt ? preferably on store credit cards ? and avoid reading the monthly statements.

5. Eventually revolving debt becomes a bit of a burden. Once that happens, take out a Home Equity Line Of Credit (HELOC) to alleviate monthly payments.

6. Seek out, and take advantage of get-rich-quick opportunities. They offer simple, easy wealth accumulation plans ? with little effort, of course. Leave honest hard work to others. They don't know any better.

7. Spend at least half of your allowable IRA contribution each year on Christmas and holidays, preferably on credit.

8. If you have an investment or asset plan, don't review it too often. This can be tedious, boring and rather dull. Once every 6-10 years should be fine.

9. Where possible, avoid the toilsome task of creating asset accumulation strategies. Instead, have more dinners out with friends, or fun vacations. After all, you only go around once!

10. Invest in insurance. Wrap yourself in insurance protection from disability, death, dismemberment, accident and ill health ? you just never know when you'll need it. Insure your pets as well!

11. Only buy new automobiles for their quality and reliability. Used vehicles can cost as much as $150/ month in long term average maintenance.

12. Regular financial plan setting? Don't do it!

13. If you have a home mortgage, refinance every couple of years to capitalize on low rates. Just think, you too can own your house for 20 years ? and still have 20 to 25 years remaining on whatever debt is there at the time.

14. Don't bother with financial coaches and truly objective advisors. They may assist you with your money plans, but those busybodies should find something better to do.

These 14 steps are a sure way to reach the rank of "Ultimate American Consumer". Along with the title, you will reap all the privileges and benefits that this provides. All the best in your quest!

Eric Johnson is a regular contributor to the Investor's Value View newsletter. To learn how to reach Mr. Johnson for comments or to subscribe to the Investor's Value View newsletter, visit http://www.valueview.net

one time home cleaning Highland Park ..
In The News:

Privacy risks are hiding in plain sight, as your personal data is likely being collected, tracked, and sold without your knowledge.
VenHub, a fully autonomous, AI-powered smart store just opened at the LAX/Metro Transit Center in Los Angeles.
A woman's Facebook account takeover reveals dangerous social engineering tactics and provides lessons on recovery, avoiding scams and enacting stronger security measures.
Shanghai engineers are using 432 walking robots to relocate a complex, preserving Shikumen architecture while creating space for a modern underground hub and cultural center.
Major healthcare data analytics firm Episource had a cybersecurity incident exposing 5 million patients' medical records and personal information in recent breach.
A new sophisticated PayPal scam sends legitimate-looking emails from official PayPal addresses, using phone numbers instead of links to convince victims to download remote access tools.
Fox News' AI Newsletter brings you the latest on this rapidly evolving technology.
The innovative Kara Pod device extracts moisture from air to create mineral-rich water and brew coffee, featuring UV sterilization and compatibility with Nespresso pods.
Gov. Hochul unveiled New York's nuclear power plant project to power a million homes, which faces permit challenges while promising jobs and a cleaner energy future.
SAFE introduces Aerie, an underground luxury bunker combining high-end living with advanced security, wellness amenities and interactive walls simulating panoramic views.
A Facebook scammer posing as Elon Musk tricked a victim with promises of a Tesla and $250,000, requesting gift cards that become untraceable once the codes are shared.
Experience hands-free golfing with the Robera Neo smart caddie that uses AI to follow you, navigate obstacles and carry your clubs with GPS course mapping.
Cybersecurity alert: 16 billion passwords exposed in massive credential database affecting major platforms. Protect your accounts with password managers
The innovative BeBot robot uses electric power to remove pollution from shorelines, covering 20-30 times more area than manual collection while preserving wildlife.
A new ClickFix campaign targets macOS users with fake Spectrum support sites, tricking victims with CAPTCHA failures to paste commands that install information-stealing malware.
AI-powered autonomous trucks from Plus Automation are being tested across the U.S., Europe and Asia to solve logistics challenges while facing regulatory hurdles and labor concerns.
Your health information might feel private and secure with your doctor, but the reality is far more complicated. Data brokers collect a wide range of sensitive health data, from diagnoses and prescription details to personal identifiers, and sell this data to marketers, insurers, and other third parties.
Kepler Robotics has officially introduced its Forerunner K2 "Bumblebee" humanoid robot at the SAIC-GM automotive plant in Shanghai, marking a significant moment in the real-world deployment of advanced robotics.
Scammers never seem to be running out of new ways to try and get their hands on your money – and lately, they've been getting sophisticated.
Thirty people were injured and killed, though the exact number remains currently unknown, when a suicide bomber blew himself up in a Damascus church.
Unexpected password reset alerts signal potential hacking attempts or phishing scams. Learn how to respond and establish stronger security measures for your accounts.
A historic electric airplane flight landed at JFK with passengers, marking a milestone as Beta Technologies demonstrates the practicality and efficiency of electric air travel.
The Chaos ransomware group breached Optima Tax Relief in a double-extortion attack, stealing sensitive customer case files and corporate documents with personal information.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
The first human brain-computer interface by Paradromics was completed in 20 minutes, featuring microelectrodes to help paralyzed individuals control computers with thoughts.

Personal Budget Programs

Do you have financial problems? Then a budget is the... Read More

Warren Buffet: Wisdom from the Worlds Richest Investor

In light of the dominant mindset overshadowing the market these... Read More

Do You Want Money?

Let me ask you a very simple question. Do you... Read More

Get Rich Slowly

Is it hard to get rich? If you're young, not... Read More

Investing is About Discipline

If you don't have discipline then walk away from the... Read More

How To Grow Your Mental Power and Let Your Brain Make You Rich

No one has complete control over their thoughts. But with... Read More

Build Wealth - Formula To Success

A mole travels one road, according to the way nature... Read More

Does the Moon Have Covers?

Recently, one late winter night, my four-year old son and... Read More

You Can`t Cheat An Honest Man

Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More

Dont Leave Your Financial Success To Chance

Recently I was reading a book called The Millionaire Mind.... Read More

The Old Monied Dupont Nemours and Roosevelt Families Buy a Tax Haven

This 4,000 acre sale (now a marina and resort town... Read More

Generate Savings with Smart Use of Electricity!

No matter what income level you are currently at, generating... Read More

Stop Losing Thousands of Dollars Every Day: Six Tips For Creating Wealth

We all go to school for about twelve years, kindergarten... Read More

Uncle Sams Snake Oild

Uncle Sam and his band of merry-men, better known as... Read More

Who Wants To Be A Millionaire?

Steve Martin once delivered an opening monologue for Saturday Night... Read More

Endowments and Endowment Shortfalls - What You Need To Know

Endowments and endowment mortgages have received a lot of bad... Read More

Principles to Ensure a Fantastic Financial Finish

Most people want to get to the end of their... Read More

7 Wonders of the Offshore World

Many people assume that the offshore world is accessible only... Read More

Compounding: The Science Of Exponential Money Generation

It all begins with a simple calculation.You are home on... Read More

Creating Money, Prosperity, and Abundance Now (Part 2)

Giving and ReceivingIt seems that people generally find it easy... Read More

Tax Help - Girls (and Guys) Just Want to Have Fun by Using Tax Saving Tips

In his best selling book, "Rich Dad, Poor Dad, Robert... Read More

You Deserve To Retire Early

The fact is that most people continue to work for... Read More

Offshore Strategies & Services

Offshore strategies may or may not be right for you.... Read More

Use Feng Shui Coins To Increase Your Income

Feng shui coins can allow you, among other things, to... Read More

Financial Freedom, Is It Only A Dream or Just Steps Away?

Almost all of us go to work everyday and do... Read More

licensed cleaning services Park Ridge ..