Tag: class

178: How To Get Out of the Middle Class

As ISIS terrorizes the planet, Missouri has a rampage killing, yet the American mind is occupied by the color of a dress—which is the most trending topic, even being discussed online by celebrities, politicians and in less than a few hours had 28 million views. This is why American’s are broke.
“We get you back in the zone, winning, skinning, spittin’ and grinnin’.” – GC
Grant Cardone’s most important contribution in life is the ability to help others. And this show is about getting out of the middle class.
Elizabeth Warren is suggesting that the American Government has the way out for the middle class. She says, “The middle class is in trouble because of deliberate policy choices made by Washington. And that means we can make changes here in Washington.”
Grant explains his take on the idea of the political parties, the stock market, interest rates, housing, and all of the other components involved in the actual income for the majority of Americans. He explains that there are traps that have nothing to do with the government or your job.
“$109,000 puts you in the top 10% of earners in America.” – GC

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161: Are You Middle Class?

Are you middle class? And if so, why? My father fought to keep me in the middle class. My mother fought to keep me in the middle class. And I’m here to help get you out of the middle class.

There is a list of income levels separated by state, which define what the lower middle, median and upper middle class are considered.

Related Article: http://witnation.com/articles/finance/middle-class-income-chart/

How you’ve been misled:

• I have to get an education. Now you have loan debt and no job.

• I have to save every penny. And it’s losing value versus prices going up.

• Don’t take risk. And never grow.

• Fly under the radar. And never get noticed.

We just finished 7 straight days of filming Season 2 of Whatever It Takes: The Ultimate Job Interview. We had 416 people apply; 80 people came through the process—and everyone is thinking little. One challenge was to scoop ocean water into a bucket, and bring it to shore without spilling. And instead of filling the bucket and a little coming out, they only filled the buckets halfway—NO ONE CAME BACK WITH A FULL BUCKET.

“The middle class is a helmet of thinking that keeps you trapped.” – GC

Don’t believe everything you see on TV, read in a newspaper or read in a book.

Walt Disney busted out THREE TIMES. And no one will ever forget his name—ever. Even when we’re in space, there will be Disney Parks.

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156: How To Get Out of the Middle Class

As ISIS terrorizes the planet, Missouri has a rampage killing, yet the American mind is occupied by the color of a dress—which is the most trending topic, even being discussed online by celebrities, politicians and in less than a few hours had 28 million views. This is why American’s are broke.
“We get you back in the zone, winning, skinning, spittin’ and grinnin’.” – GC
Grant Cardone’s most important contribution in life is the ability to help others. And this show is about getting out of the middle class.
Elizabeth Warren is suggesting that the American Government has the way out for the middle class. She says, “The middle class is in trouble because of deliberate policy choices made by Washington. And that means we can make changes here in Washington.”
Grant explains his take on the idea of the political parties, the stock market, interest rates, housing, and all of the other components involved in the actual income for the majority of Americans. He explains that there are traps that have nothing to do with the government or your job.
“$109,000 puts you in the top 10% of earners in America.” – GC

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130: Middle Class –Get Out

Grant Cardone urges people to get out of the middle class because it is a myth perpetuated by outdated thinking, politicians and mass media.

Grant starts off the first Cardone Zone episode to air on witnation.com by explaining why the middle class is a failing formula. He explains that the old way of doing things isn’t viable and gives the example of traditional media. He explains the traditional networks ABC, NBC, CBS are losing viewers. More and more people want to control where and when they get their information. This is why Hulu and Netflix have gained such popularity and on-demand style viewing inspired Grant to launch WitNation.com a digital network for 24/7 access to business programming.

Grant goes on to say that the middle class was based upon an era where there was expansion and industrialization in America. The middle class idea worked for a certain population of people at a specific time in history. Things have since changed and people refuse to adjust how they work and earn. They are applying old work styles such as a 40 hour workweek to a completely different marketplace. This is why they are failing. The new economy calls for people to strive for freedom and it’s not achieved without work!

Grant’s advice is to look at your primary employment and see if there are opportunities there to earn more income. Then look to earn more with the remaining time you have. Grant sets the target for $125,000 then tells people to save 40% of that until they are ready and knowledgeable about what to invest it in.

He offers these Key Facts For Middle Class to Understand

1. You need lots of money, just getting by is a miserable existence.
2. Forty-hour weeks make slaves, you’ll work double that for freedom.
3. Life isn’t fair and business, less so.
4. Your success will not depend on your education but your actions.
5. The world doesn’t care if you succeed or fail.
6. You’re owed nothing, deserve nothing, entitled to nothing.

Grant shares statistics from the US Census Bureau and mentions Veema, Spotify, AirSign, American Staffing Agency, Time Ferris and Elite Daily.

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127: Top Money Mistakes of the Middle Class

Grant wrote an article for Entrepreneur.com on the 8 Money Mistakes to Avoid on Your Way to Wealth. He goes over each, may he’s made himself over the years and explains why these mistakes hold people back. He begins the show saying that there’s a common worldwide theme. People have agreements about money that forbid them to have it. People are also given bad money advice that they listen to and it creates a trap of comfort.

Grant explains that people do not have the right thinking when it comes to money. People are taught to save but not to earn. He explains that money gets restless and will go where it gets attention. If you don’t put attention on money it will find another place to go. Grant offers these 7 money mistakes and one bonus one.

1. Settling. Grant explains that every time he got comfortable he would be punished for it. He advises people to always be on offense.
2. Diversification. It’s a scam that serves the stock market.
3. Depending on one income flow. Anyone who is wealthy has multiple streams of income.
4. Comparing yourself to others.
5. Investing in trends.
6. Trusting without proof.
7. Saving just to save. Grant spends time on this point because people are taught to save but as he says “clipping coupons won’t make you rich.” The point of saving is to invest.
8. Pretender spender. “If you only car is a Lamborghini, then you’re a pretender.”

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125: Break Out Of The Middle Class

Grant Cardone, NY Times bestselling author, self made multimillionaire entrepreneur, international sales master and motivator in business and life offers insights and advice each week on the Cardone Zone, a show that helps people better their careers, businesses and finances so they can create true freedom in their lives.

In this episode, Grant Cardone talks about how there is no money in the middle. He sites an article “The Middle Class is Steadily Eroding” which includes a Price Waterhouse Coopers study and examples of retail stores who are failing because they target middle and lower income customers as opposed to the higher end retailers who offer exceptional service to a higher end clientele with money to spend. Grant equates the mythology of the middle class to that of Hercules and urges people to watch what the wealthier people do and mimic it. According to Grant people must think about where the money is and follow it. There is a reason $3500 washer and dryers are selling yet $500 ones remain in the stores. People with money have money to spend. Grant offers these key tips:

1. You need profit margins.
2. Do not strive to be the cheapest and lowest.
3. Provide great service to a high-end clientele.

Grant takes callers and discusses how middle class values keep people stuck. He mentions how stores like JC Penney’s and Sears are struggling yet Nordstrom is doing great. The high end is thriving and they are the ones spending. Grant explains over 65% of Americans are living paycheck to paycheck.

Important Links & Resources For More Information
Twitter: twitter.com/GrantCardone
Facebook: www.facebook.com/cardonesuccess
Main Website: www.grantcardone.com
Sign up for your free weekly strategy from Grant: http://www.grantcardone.com/cardone-success/
Interested in having Grant speak at your organization? Email: [email protected]

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