Corporate Tax advantage Stock Purchase Plan

Do You Participate in your Corporate’s Tax-advantage stock purchase plan?

I have asked this question to one of my friend working in a large American Corporation. Each year my friend could purchase the equivalent of 6% of his Income in shares of the corporation in which he is working which would reduce his realized taxable Income.

And later on he can anytime sell these stocks for huge capital gains.

My friend told me that, unfortunately he could notafford to participate in this program. And he explained me in great detail and with proud that why he could not participate in this program.
This is because all of his Income goes towards,

- $ 5,000 of monthly mortgage payment for his luxurious car
- Two Leased Luxurious Cars
- Country Club Memberships
- Dozens of Credit Cards Bills
- A Vacation Home
- A private Boat
- Weekends at Hawaii

And that’s why he does not have spare money to waste behind corporate tax advantage stock purchase plan.

Now, tell me honestly that Are you also like my friend? Do you also feel that above things are more important than building wealth? If yes than I feel very sorry for you. And I don’t want to advise you anything in this matter.

If you still think in the way my friend thinks than honestly speaking I can’t help you. In fact, nobody can help you. You have to help yourself.

My only suggestion to you is that, Have a Look at the Archive of “My Journey To Boillionaire Club”. I have posted 2500+ articles over there up to now. I hope that this much information might be helpful to open your eyes…!!!