Back in the 1980's growing up in Chicago I remember a late night radio show called the Big Bill Collins Show.
The show played Blues and had many late night commercials. While I doubt by the commercials that I was the target market for his advertisers I remember one ad in particular for "The Brother John Money Orb".
The tagline for the Brother John Money Orb was "Money attract money".
While I can find links to excerpts from the show and the history of Big Bill and the show I haven't been able to find anything about the Money Orb.
The premise was if you bought this plastic orb with a shredded large denomination of money you would have the start of a large amount of money that attracts more money. Real money supposedly.
The premise that money attracts money is actually pretty accurate. Just not fake money or an orb with shredded money. Only people with very little money believe that fake money will bring them wealth. If it worked that way every person with a Monopoly Game would be rich.
But, money in a 401k or in a Real Estate Investment among other things will actually "attract" more money.
People I know with large net worths or successful businesses are almost always being called with deals or offers to make them more money. If someone is asking you for 20, 30 or even 10,000 dollars, the odds are good that the only person whose going to make money is the person asking.
There is a reason that there are more folks in their 50's with money than people in their 20's. It takes most people a long time to accumulate assets. It takes being able to see that instead of spending $50 on beer a week that if you don't you will accumulate enough to put a down payment on a house. That if you put $20 a week into a 401k that it might be worth a couple hundred thousand dollars in 20 years.
Do you really need that new car, iPhone or 500 channels of satellite TV?
