A GERMAN self-made millionaire is coming to Bolton to teach residents how to turn themselves into 'Richard Branson' money-spinners.

Bodo Schafer, aged 36, is currently involved in 100 money seminars all over Europe and will appear at the Last Drop Hotel, Bromley Cross on April 18.

He is already a well-known name in Germany, Austria and Holland and his appearance in Bolton will be his first UK seminar, giving practical advice on how to control finances with the aid of his own philosophy towards money. He claims he can reduce debts and increase income by 20pc in a year and that his approach applies as equally to the man in the street as to the corporate director. With the UK's levels of personal debt currently over £622 billion, Bodo says it is clear that a growing number of people are experiencing money difficulties.

"Many people believe that you have to tread on people's toes to attract money and that if you become rich you are making other people poor. I wholeheartedly disagree with this," he said. "People are afraid to take risks when it comes to money, but the biggest risk is to sit back and let opportunities pass."

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