Financial Security for Your Teen with The 3 Secret Pillars of Wealth by James Burns

My son graduated from high school three years ago, and I found that while we did a fair job of saving for his college education, he wasn't prepared to begin making sound financial decisions to secure his future. I'm not even sure where I would have begun to teach him what he needed to know. So, when I heard tax attorney and author, James Burns was on tour with Pump Up Your Book Promotion, I knew this is the topic I wanted him to cover with our our readers.

Here's what James had to say when I asked him to draft a guest article on ways that high school students could (with parental assistance) begin implementing the strategies found within his book, The 3 Secret Pillars of Wealth, to allow them to be more financially secure by the age of 25:



All students in high school should get a thorough understanding of how leverage, arbitrage and cash flow works. Cash flow is essential from both a family perspective and running a business as we will see an amazing surge of entrepreneurism. I find so many people do not understand how a mortgage works which may be the biggest debt they take on in their lives and they have to understand all the choices and how they work. Debt management is essential because children will model their family and may pick up improper habits that will get them in financial trouble. Millions of people do not understand how interest on credit cards compound and they can literally pay hundreds if not thousands of dollars in interest charges when they use it. Credit cards were designed originally for travelling salesmen who had business expenses; it was not a passage to ownership on things that you could presently not afford.

At the end of the day, we can give them all those tools and without a formula for success that gets installed in them like a hard drive it may all go for naught. I make it perfectly clear in my book that accumulating wealth is as much a mental state as acting upon that state with any particular asset or strategy. If they practice the Super-5 each day and imbed it like a habit they can reach higher levels of success. The Super-5 starts with:

1. Visualize your wealth,
2. Meditate
3. Affirmations that you deserve and can receive
4. Join a mastermind group (like-minded people)
5. Accountability partner

First they visualize themselves with the wealth in a specific way and uproot negative associations to money. Then meditate on what abundance and gratitude looks like and that they deserve to receive giving up any guilt. They should then use affirmation to continue to plug this into the sub-conscious, join a mastermind group for support with people who are likeminded and then you need your accountability partner, and they can even use this person to form positive study habits. This starts by meeting weekly with the partner and then discussing with one another what you plan to commit to for the week and then get together the following week to check on each other and serve a feedback sandwich.

Here's more about The 3 Secret Pillars of Wealth:

The evidence is now clear that the old formula of go to school, get a job, buy a house and retire no longer works. Retirees need more reliance in a ruthless and unpredictable future with many new curves in the road to retirement. The US Department of Health and Human Services says that 36% percent of sixty-five year olds are still working, 54% are dependent (require family or government assistance), five percent are deceased, 4% are financially dependent (with at least $3,000 per month to live on) and one percent are wealthy.


In answer to the statistics of only 1% of retirees achieving wealth upon retirement, the book The 3 Secret Pillars of Wealth has come to the aid of concerned retirees. The author cautions readers that we are facing financial times unlike anything we've seen before and we cannot afford to make mistakes or be taken advantage of.


The 3 Secret Pillars of Wealth is a virtual survivor’s manual for the investor informing them of what they face in the future that is new and unpredictable and how much investing is costing them with traditional investment vehicles. Forward-thinking financial planners will avail themselves of the technical information outlined in The 3 Secret Pillars of Wealth, while the average investor will have a roadmap that guides them to financial success. One of many recent books to go against the grain and inform the public how much investing is costing them and how they are in a losing battle where executives of the big investment firms take $52 million dollar Christmas bonuses. The book is ultimately written for entrepreneurs and investors who are busy with life or lack financial education and are defenseless targets by opportunists abusing the financial planning system because of the compensation grids unique to the U.S.

Go to the 3 Pillars of Wealth website to find out more.

THE 3 SECRET PILLARS OF WEALTH VIRTUAL BOOK TOUR '08 will officially begin on June 1, 2008 and continue all month long. If you would like to follow James's tour in progress, visit http://www.virtualbooktours.wordpress.com/ in June. Leave a comment at any of his blog stops and become eligible to win a free copy at the end of his tour! One lucky winner will be announced on his tour page on June 30!

This virtual book tour has been brought to you by:

Guest blogger Dyan Garris, author of Money and Manifesting

I am giving up the floor today (see how generous I can be) to author Dyan Garris. For many years Dyan Garris has been counseling clients in order to help them move forward in their lives. She is clairvoyant, clairaudient, and clairsentient. In addition, Dyan is also what is known as a voice recognition psychic and trance channel. This means that she can help her clients via telephone, which is how she conducted her readings throughout her career. She is a frequent radio guest on the Jay Grayce show at Tribeca Radio in New York City and has been interviewed by numerous other radio hosts. Recently, Mystic Pop Magazine interviewed her for their January/February issue. Living In Style TV featured her products in their 2007 holiday show.

Bowing out now, though you know it's hard for me.



Think Outside The Box - How Limited Beliefs and Fear Keep Us From Getting What We Want By Dyan Garris

What we believe definitely has power to shape our lives. The chatter that goes around in your head definitely has power to shape your life. But this is only part of the story. Ultimately it’s what you DO with your belief system that has power to transform your life.

For illustrative purposes, let’s say you live in a box. The inside of the box is cozy and comfortable. You’re happy in there. But the box has no windows. One day you decide you need to broaden your horizons so you gingerly cut a large hole in the side of the box. This gives you a very nice view of what is going on outside your living quarters. You gaze out in wonder from the safety of your little dwelling and you can see leafy green trees and other interesting shrubbery.

After a while you decide to expand your view so you cut a hole in the opposite side of the box. Now you have yet another view of the outside world. Out of this window you can see horses grazing peacefully right outside your box. You are amazed. You had no idea this was going on outside.




At some point you decide to open an additional portal on another side of the box. You’re a little scared by this because you now think you may be cutting too many holes in your abode. You begin to doubt yourself and start thinking that you may be making a place for rain to get in rather than expanding your view. You worry and fret about compromising the structural integrity of your box. But then you tell yourself that it worked out just fine on the other sides, so what could possibly go wrong?

You tell yourself that if you don’t cut the additional hole you do have a nice view out of two windows and maybe that’s just fine. But you’ve decided that you don’t want to be limited anymore; you want to see what else is going on out there. So you gather your courage and do it anyway. Now you have a completely different view. You can see a beautiful lake out there. You are in awe. You decide to do this on the remaining side too, this time with enthusiasm instead of fear. Now you have a panoramic view. It’s lovely and enjoyable and you are quite pleased with yourself for taking a few chances.

Some of you reading this were thinking that something bad was going to happen with all of this hole cutting. What is this based on? Why is your mind going to the negative? Study where these negative belief systems have originated from. Fear is very limiting and will keep you from getting what you desire.

Now here is what is important: You can sit there inside the box for the rest of your life, simply enjoying the view, or you can venture outside. You will discover that when you go outside you can ride the horses to greener pastures, eat the luscious ripe berries from the shrubbery, fish and/or swim in the lake. If you stay inside you can’t do any of that. You can sit in there and wonder when a fish will jump out of the lake and land on top of your box or when fresh berries will arrive at your doorstep. It is a choice.


Dyan Garris is the author of Money and Manifesting, Voice of the Angels – A Healing Journey Spiritual Cards, The Book of Daily Channeled Messages, Talk To Your Food! Intuitive Cooking, and Fish Tale of Woe – Lost At Sea. She publishes a Daily Channeled Message at Voices of the Angels. In 2005 she created a series of music and meditation CDs for healing, chakra balance, help in sleeping, relaxation, and vibrational attunement of mind, body, and spirit.


This virtual book tour has been brought to you by: