Building real wealth is a fairly straightforward process.  A person simply needs to accumulate assets and shred liabilities.  This sounds simple, but in reality most people have a very difficult time keeping free from liabilities.  Our current American economy is built upon the concept that people will borrow and spend money on a consistent basis.  If people stop spending money on consumer products, then the economy enters into a recession.  Everywhere we go in society, we are constantly bombarded from every side by aggressive advertising and marketing campaigns that seek to bilk us out of our hard-earned cash or take on consumer debt in order to buy the latest gadget, automobile, or gizmo. [Read more...]