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Winget - Youre broke because you want to be: how to stop getting by and start getting ahead

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Winget Youre broke because you want to be: how to stop getting by and start getting ahead
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Now in paperback: The New York Times bestselling author and star of A & Es reality series Big Spender, Larry Winget, cleans up Americas personal finance crisis More than 40 percent of families today are feeling financial pressure: spending more than they earn, and worrying about retiring and being dependent on the government, family, or charity. Larry Winget knows. He grew up poor, then made and lost a fortune when a business in which hed invested went bankrupt. But he worked his way back from rock bottom to become a multimillionaire. In Youre Broke Because You Want to Be, Winget expands on the ideas that have made his popular television show Big Spender a hit and offers straightforward talk about coming to grips with your finances, such as: Feel bad. Have remorse. You need to feel deep emotion to take action. So start crying and take responsibility. Figure out who you owe and how much you owe. Itll be a scary number to face, but you need to know where you are and what you have. People are stupid, lazy, or they dont give a damn. You already know you need to do something; Larry will help you finally do something. Are you more interested in looking cool and being cute or providing a financially secure future for your family How you spend your money will tell you that. With a boot-camp regimen that is steeped in personal accountability, Winget cuts through the double-talk contained in most finance books and presents a simple, guided program that is sure to motivate anyone out of their money problems.

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Larry Winget has already helped countless people to get ahead in life. Heres what a few of them have to say about him and his program:

With Larrys help I got myself out of massive debt, quit my underpaying job, and got my life in order. Larrys harsh manner is a reality check and a swift kick in the rear to get your life in order. While Larrys tough love and advice is hard to swallow initially, he is a life-saver!!!

J EWEL P ENA

Larry has a no BS approach. Some people might find him rough around the edges, even offensive, but when you think about everything he has personally overcome, youll see that he knows what hes talking about! We are living proof that his philosophy works!

G REG AND S UE C OSCINO

Hes not only been where we were, hes done what it takes to fix it. He has this type of passion to help those who are serious about changing their lives. Yes, Larry is a very blunt, in-your-face hard-ass. But if you listen to him, what he says makes sense and his ideas really work. Before Larry, we didnt think we were ever going to get ourselves out of our financial mess. But after listening to Larry we could see the light at the end of the tunnel.

N ICK AND B ECCA

YOURE BROKE BECAUSE YOU WANT TO BE
YOURE BROKE BECAUSE YOU WANT TO BE

How to STOP GETTING BY and START GETTING AHEAD

LARRY WINGET

Picture 1

GOTHAM BOOKS
Published by Penguin Group (USA) Inc.
375 Hudson Street, New York, New York 10014, U.S.A.
Penguin Group (Canada), 90 Eglinton Avenue East, Suite 700, Toronto, Ontario M4P 2Y3, Canada (a division of Pearson Penguin Canada Inc.); Penguin Books Ltd, 80 Strand, London WC2R 0RL, England; Penguin Ireland, 25 St Stephens Green, Dublin 2, Ireland (a division of Penguin Books Ltd); Penguin Group (Australia), 250 Camberwell Road, Camberwell, Victoria 3124, Australia (a division of Pearson Australia Group Pty Ltd); Penguin Books India Pvt Ltd, 11 Community Centre, Panchsheel Park, New Delhi110 017, India; Penguin Group (NZ), 67 Apollo Drive, Rosedale, North Shore 0632, New Zealand (a division of Pearson New Zealand Ltd); Penguin Books (South Africa) (Pty) Ltd, 24 Sturdee Avenue, Rose-bank, Johannesburg 2196, South Africa

Penguin Books Ltd, Registered Offices: 80 Strand, London WC2R 0RL, England

Published by Gotham Books, a member of Penguin Group (USA) Inc.

Copyright 2008 by Larry Winget
All rights reserved

Gotham Books and the skyscraper logo are trademarks of Penguin Group (USA) Inc.

LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA
Winget, Larry.
Youre broke because you want to be: how to stop getting by and start getting ahead / Larry Winget.
p. cm.
ISBN: 978-1-1012-1701-6
1. Finance, Personal. I. Title.
HG179. W5473 2008
332.024dc22 2007033838

Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise), without the prior written permission of both the copyright owner and the above publisher of this book.

The scanning, uploading, and distribution of this book via the Internet or via any other means without the permission of the publisher is illegal and punishable by law. Please purchase only authorized electronic editions, and do not participate in or encourage electronic piracy of copyrighted materials. Your support of the authors rights is appreciated.

While the author has made every effort to provide accurate telephone numbers and Internet addresses at the time of publication, neither the publisher nor the author assumes any responsibility for errors, or for changes that occur after publication. Further, the publisher does not have any control over and does not assume any responsibility for author or third-party Web sites or their content.

This book is for my wife, Rose Mary.

She stuck with me through thick and thin. (Even when the thin was so thin it became transparent!) She watched me lose, she watched me win. She believed in me when no one else did and when I forgot to. She is my rock.

A party gives laughter,

And wine gives happiness;

But money gives everything.

Ecclesiastes 10:19

YOURE BROKE BECAUSE YOU WANT TO BE
INTRODUCTION

THE DIFFERENCE BETWEEN POOR AND BROKE

BEFORE WE BEGIN, LETS MAKE SURE WE UNDERSTAND ONE ANOTHER.

Dont start in on me because of the title. Please dont say, But what about the poor people, Larry? They dont want to be broke.

Great point. Youre right. Im not talking about being poor.

Poor is a condition I find very sad. Sad, yet inevitable. Jesus said, The poor will be with you always. And they will. There are people who live in societies and countries where there are no opportunities for advancement and it takes all their effort just to survive. They are not going to have enough to eat well or live well or take care of themselves.

So lets get this straight from the outset so you can get off your high horse and understand what I am really saying. I didnt write this book for the poor people of the world. I know it is going to take a lot more than a book to help truly poor people. To think otherwise would be insulting.

I am talking about broke. Broke is not a condition like being poor. Broke is a situation you find yourself in because you are either underearning or overspending. I cant fix poor, though I would love to. Im good, but Im not that good. I can fix broke. Thats what this book is about. Read it and find out how to fix your situation so you dont have to be broke any longer. You can get ahead and live the way you want to. Ill show you how, step by step.

I wrote this book for the average person who has a job, makes a living, and still cant seem to get ahead. If youre someone who dreams of being rich but cant quite seem to turn your dreams into reality; if youre ready to turn your life around and finally have financial freedom; if you are buried in debt and cant stop living paycheck to paycheck; if you spend more than you make and cant figure out how to stop doing it, this book is for you!

Got it?

NOW, BACK TO THE TITLE.

You read it right. You are broke because you want to be.

How can you say that? You dont even know me! There is no way you can sit there saying that I want to be broke when you have no idea who I am!

Here is how I know:


If you didnt want to be broke, you wouldnt be broke.


Its as simple as that. What you say you want means almost nothing. When every action you make contradicts your words, your words dont mean a damn thing!

This may be a new idea for you, or not. It doesnt matter! Aligning our intentions with our actions is something we can all learn to do better. It is the key to unlock your potential, get out of debt, and get ahead in life. It is something you can learn, but in exchange you have to give something up.

VICTIMHOOD: A PRIVILEGE YOU CAN NO LONGER AFFORD.

Stop being a victim! No one else is to blame for your situation. Broke didnt sneak up on you in the night. A stack of unpaid bills didnt show up while you werent looking. You didnt suddenly get behind. You chose to spend your money the way you did.

Your life is a reflection of the choices you have made. If you want a better life, then make better choices. When you do, youll find that taking credit for your successes feels a lot better than blaming others for your failures.

If you are desperate to improve your financial situation, then this book is a great place to start.

WHY SHOULD I LISTEN TO YOU, LARRY?

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