Your credit report contains information about where you work and live and how you pay your bills. It also may show whether you've been sued or arrested or have filed for bankruptcy. Companies called consumer reporting agencies or credit bureaus compile and sell your credit report to businesses. Because businesses use this information to evaluate your applications for credit, insurance, employment, and other purposes allowed by Fair Credit Reporting Act, it's important that information in your report is complete and accurate.

The consumer reporting agency and organization that provided information to agency, have responsibilities for correcting inaccurate or incomplete information in your report. To protect all your rights under law, contact both consumer reporting agency and information provider in writing what information you believe is inaccurate. Include copies of documents that support your position. In addition to providing your complete name and address, your letter should clearly identify each item in your report you dispute, state facts and explain why you dispute information, and request deletion or correction. You may want to enclose a copy of your report with items in question circled. The consumer reporting agency must reinvestigate items in question, usually within 30 days unless they consider your dispute frivolous. They also must forward all relevant data you provide about dispute to information provider. After information provider receives notice of a dispute from agency, it must investigate and review all relevant information provided. If information provider finds disputed information to be inaccurate, it must notify all nationwide consumer reporting agencies so they can correct this information in your file. Disputed information that cannot be verified must be deleted from your file. If an item is changed or removed, agency cannot put disputed information back in your file unless information provider verifies its accuracy and completeness, and agency gives you a written notice that includes name, address, and phone number of provider. By using laws provided by Fair Credit Reporting Act to make sure your credit file is accurate and up-to-date, and by paying your bills in a timely manner you will be able to increase your credit score dramatically. If you do not have time to restore your credit, you can hire a credit repair company to repair your credit for you, and they can provide a great deal of services in a professional manner

OK, now let's look at numbers. At $50,000 with 100% interest compounded every month, you are a millionaire in 5 months.

At $50 (1/1000th) with less than one third interest (30%) compounded every month you are a millionaire in 3 years 2 months, only 7.6 times longer, yet much less principle (1/1000th) and much less risk!

And once you get to 1 million, 7% a month is enough to spend 1 million a year and still have your money well outpace inflation.

So if someone wanted to get to 1 million dollars (who doesn't) and has patience to wait a few years, also wants to be pretty sure they will get there rather than losing it, and doesn't want to risk too much, we think about $500 at 20% average per month which will be only 3 years 6 months to become a millionaire.

A good, and probably best, argument as to why you should go for high yields, is to close "risk window" fast. This can be important at start so you can use money to diversify. Later you will want more security and you will have a broader base of more secure lower paying programs to provide it. You can go on vacation without worrying that your Very High Yield risky fund has collapsed and taken a large percentage of your "float" with it.

Of course all above is based on assumption that something that gives a 60% interest per month is more than 3 times riskier than 20%. (and will have less than 1/3rd life span). Not always true, but a rule of thumb. You have got to remember that none of these is like "invest and forget about it" rules of conventional 3% a year federally insured bank accounts. It is like being an independent adult. You can lose. No one is going to take that loss for you. But let me tell you this, rewards are much greater also, and they are ALL yours when you earn them by your own self-discipline, persistence and experience. Thinking and Speaking about Money in Enriching Ways

In book Rich Dad, Poor Dad, Kiyosaki compares his "two fathers": his biological father who was a teacher and his mentor who was a businessman. The teacher was his "poor dad" and businessman was his "rich dad." His poor dad said: "The love of money is root of all evil." His rich dad said: "The lack of money is root of all evil."

The quote below from Rich Dad, Poor Dad is extremely important. It powerfully illustrates what I call "Slavespeak" -- phenomenon of certain words having hypnotic, stupefying, and debilitating effects on their users.

"Because I had two influential fathers, I learned from both of them. I had to think about each dad's advice, and in doing so, I gained valuable insight into power and effect of one's thoughts on one's life. For example, one dad had a habit of saying, "I can't afford it." The other dad forbade those words to be used. He insisted I say, "How can I afford it?" One is a statement, and other is a question. One lets you off hook, other forces you to think. My soon-to-be-rich dad would explain that by automatically saying words "I can't afford it," your brain stops working. By asking question "How can I afford it?" your brain is put to work. He did not mean buy everything you wanted. He was fanatical about exercising your mind, most powerful computer in world. "My brain gets stronger every day because I exercise it. The stronger it gets, more money I can make." He believed that automatically saying "I can't afford it" was a sign of mental laziness." An elite team of regular "Joes's" fighting back & making huge cash online one day at a time. dDawg as a team has been able to create a profit on internet. http://www.str8junk.com/heavyhitter.html