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Death Panels Phooey, Here Is How It Will Really Work

Posted by Jim on Mar 7th, 2013 · 9 Comments

In 2009 Nancy Pelosi and Harry Reid performed the Healthcare Overhall Road Show to sell the very suspicious public, the Affordable Care Act. During this Road Show, a term known as Death Panels was uncovered by the Republicans ( I believe Sarah Palin to be exact). Most of you have heard this term, I think it was blown out of proportion mainly in an effort to make Mrs. Palin appear out of touch...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Death Panels Phooey, Here Is How It Will Really Work

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Critical Financials’ Basic Personal Finance Rules

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