ut later find themselves struggling financially。 They work harder； but don't get ahead。 What is missing from their education is not how to make money； but how to spend money…what to do after you make it。 It's called financial aptitude…what you do with the money once you make it； how to keep people from taking it from you； how long you keep it； and how hard that money works for you。 Most people cannot tell why they struggle financially because they don't understand cash flow。 A person can be highly educated； professionally successful and financially illiterate。 These people often work harder than they need to because they learned how to work hard； but not how to have their money work for them。
The story of bow the quest for a Financial Dream turns into a financial nightmare。 The moving…picture show of hard…working people has a set pattern。 Recently married； the happy； highly educated young couple move in together； in one of their cramped rented apartments。 Immediately； they realize that they are saving money because two can live as cheaply as
one。
The problem is； the apartment is cramped。 They decide to save money to buy their dream home so they can have kids。 They now have two ines； and they begin to focus on their careers。
Their ines begin to increase。
As their ines go up。。。their expenses go up as well。
The No。 1 expense for most people is taxes。 Many people think it's ine tax； but for most Americans their highest tax is Social Security。 As an employee； it appears as if the Social Security tax bined with the Medicare tax rate is roughly 7。5 percent； but it's really 15 percent since the employer must match the Social Security amount。 In essence； it is money the employer cannot pay you。 On top of that； you still have to pay