Coronavirus Borrowing Cost Will Reach Wartime Levels And Plunge Country Into Generational Debt - £298 Billion and Counting Are you ready to adapt to the new economy?

Coronavirus Borrowing Cost Will Reach Wartime Levels And Plunge Country Into Generational Debt - £298 Billion and Counting

Are you ready to adapt to the new economy? Build a second income source fast. Register for a free training session to learn more about how to survive and thrive in the changing property market - https://bit.ly/2ApM4LH

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

In this Money Tips Podcast episode:

1. Cost of Coronavirus to the UK government has risen to £123 billion

2. Borrowing for this year expected to reach a staggering £298 billion!

3. The UK’s World War 2 debt to the US took 61 years to be paid off by 2006

4. UK annual borrowing will hit 15.2% of economy, highest since WW2’s 22%

5. Further billions will be spent by taxpayers to cover bad bank debt and benefits

6. Rishi Sunak confirms the UK economy is in recession with 6 million unemployed

7. 1 in 4 US workers now claiming benefits as jobless figures soars by 3 million to 36M

8. As WHO says Coronavirus will “never go away” we need to adapt to a new economy

9. The UK property market is changing rapidly and will not go back to pre-coronavirus

10. How can you benefit from the changing property market? Free seminar by experts

Register for a free training session to learn more about how to survive and thrive in the changing property market - https://bit.ly/2ApM4LH

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

Quit the rat race and retire early

You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income.

If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community.

See more articles at www.moneytipsdaily.com

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