NEW YORK, Sept. 4, 2013 /PRNewswire/ -- "If you are looking to retire younger or seek a fresh approach to achieving financial freedom, you will need to adapt a new philosophy, change your attitude towards money, and make changes in how you spend, save, and invest," says entrepreneur Jack Bosch. "There are no shortcuts to wealth and secrets to achieving overnight success, but there is a better, proven, and realistic way to gain financial independence."
It's a financial philosophy and strategy that millionaire US-Immigrant Bosch calls "Forever Cash."
His new book, Forever Cash, serves as an empowering introduction to the principles, methods, and tactics he has employed to optimize his wealth-building. It shows how ordinary individuals can grow their assets even while still at a 9 to 5 job.
Bosch, who made his money in real estate and online marketing but mainly by utilizing the methods shared in his book, understands that many people struggle just to pay their bills. But he also knows that one can transition out of their current financial situation, first by changing their mindset and then their actions.
"Too many people have been given bad advice over the years," asserts Bosch. "The financial services industry gives out harmful recommendations and often guides people to invest in things it can make big fees and commissions off of, but the investments are not always the best ones for the investors."
He doesn't necessarily believe in cutting back on expenses severely or to start cutting up the credit cards but he does emphasize how one must choose whether an expense will lead to his ability to make money.
"We are on a hamster wheel of earn and spend to keep up with this cycle that doesn't allow for growth," says Bosch. "Regardless of how much you earn, if you spend all of it, you are no better off than you were if you never had made that money. In the long run, building up investments that produce streams of income such as rental homes or intellectual properties will allow people to live off of the income from these investments and not off of their savings - which can disappear in a market crash."
Bosch knows one can't pursue get-rich quick schemes or operate under a fantasy, but he also believes many people can find ways to scrape up funds for safe money-producing investments that will allow them to live a more comfortable lifestyle.
SOURCE Jack Bosch
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