Category : Insights
WHY IT’S IMORTANT FOR YOUNG PEOPLE TO CREATE WEALTH.
IT’S EASIER THAN YOU THINK. START TODAY.
It’s just the way we were made, in our makeup. While we are young, single, playing sport, socialising we are bullet proof. We would take on anyone, anything. Creating a future financially or socially for our selves was the furthest thing from our minds, too far down the track to even contemplate. Life right now, at this point in time is just so good so “she’ll be right mate” I’ll cross those bridges when the time comes. Right now, lets just party.
This is the real thinking of most young people today as I see it. It frustrates me because this has nothing to do (I’m generalising here) with where you were educated or what circumstance you came from. As we all know, young people will do what they want despite what mom and dad or their teachers have drummed into them. This has all to do with the perception that somehow eventually they will muddle through it at the very least, will somehow be protected and looked after when their working life is over.
Yep, the kids today, gen X or Y whatever they are called have the know how, the technical skills when it comes to the digital world. They know all about facebook, google, instagram etc etc all the new apps but the problem they have is that they only know how to shop and how to stay connected with their network of people by just conveying crap to one another. Their heads are buried in their phone terrified that they will miss out on some shit that has gone viral. I bump into these kids every morning when I’m walking or jogging. With all their knowledge, they contribute very little to anything. Of course there are the exceptions to this and these are the young achievers we will be comparing the rest of the flock with.
The frustration is that our education system have not taught any of these kids anything about the real world out in the street, how to make it, what are the new innovative ideas and systems coming on stream, what today’s marketing is all about, what is the power of leverage and duplication. Should have learnt this in school. Nothing. They have also been trapped by our well meaning parents who have drummed into us that you go to university, get a well paid career and stay there till you retire. Sorry. With the technical skills that the young ones have today, there should be no excuse for these kids to forge a lifestyle, business and a future out of the digital economy. eLearning and the insatiable appetite of people throughout the world searching the net on how to make money, how to create a home business, how to change their lifestyle is about to turn over $480Billion by the end of the year, and the experts say we haven’t even scratched the surface.
YOUNG ADULTS HAVE THE SKILLS TO CREATE WEALTH QUICKLY. BE PART OF IT
Hey you young kids out there. Those of you in their late teens to early and mid 20’s. Guess what? You don’t really have to drop any of your daily routine. You just have to be a lot more organised in how you prioritise your day. THIS IS THE SECRET. You can learn how to build a home business, make money, create a couple of passive income streams and still do all of those funky things that you normally do. However, you are now building an ATM and securing your future whether it be for the medium term or for those later supposed retirement years. You should still go for that morning gym workout, swim to cool off at lunchtime maintain your vibrant lifestyle have that relationship, but allocate a true and proper time slot to work your business. Isn’t this what it’s supposed to be like. Being meaningful in all aspects of life. Make life easier for yourself. I doubt if God put us on this earth to be a slave to some sort of a bureaucratic system. How are your parents travelling with life at the moment.
So what’s this little rant all about,
simply to draw your attention to the fact that as of the start of this year (here in Australia anyway, but I suspect this is world wide), certain things are going to change in the social welfare and human resources section of our society. I don’t want to get political here, but the long and the short of it is the fact that government grab for our superannuation, changes in our tax system and the remodeling of our pension/welfare system will change the way in which life will be all about for those who are in the work force now and who will be looking for retirement in the latter half of their lives. Without getting into another topic, the government on both sides are facing a crisis on the shortage of money. Soon there will be none and we can argue till the cows come home who’s fault that has been. But at the end of the day, the age of entitlement is literally over, or coming to an end very soon. Our savings, our super, our taxes, our welfare and pensions will be remodeled and dramatically diminished by whoever the government is at the time.
IT’S NOT TOO LATE TO TAKE CONTROL OF YOUR FINANCES
We are not bullet proof anymore. Those of you who are in their 40’s who may just be forging some sort of a mark in your working life, be aware that nothing is guaranteed anymore. Loyalty has long been thrown out the window and the new god is called the bottom line. Some good news though, you’ll live longer, possibly till around 80 years old but the bad news is, there’s a lot of years between your last day at work to your last day on earth.
So what kind of a life are you going to have?
If you are somehow going to rely or expect a governmental handout whatever it’s going to be called, on retirement and you haven’t secured your retirement privately, you have been living under a rock.
Now more than ever before you can change and control your destiny. But you first have to realise that to do this you have to create a basis on which to build on. A platform. And this has to be done as early as possible. You and you alone can create the lifestyle you want to live in.
IT MUST START NOW.
As I’ve mentioned, have your social life, do your fitness, play your music, make love to your partner every day, explore the world
BUT DEDICATE AN ALLOCATED AMOUNT OF TIME TO CREATE YOUR FUTURE
by building a profitable business and have fun as you build this along the way.
Of course it’s not going to be a walk in the park. Nothing is today. We all go through the ups and downs of whatever it is we are creating but the road uphill makes it all the more juicy when we get to the top.
THE HARDER THE ROAD, THE EASIER IT GETS.
Life for you as an individual, as a couple or a family comes down to a decision you will have to make sooner rather than later.
You can start that journey now without forfeiting any of your daily routine. Make the decision to take the FIRST STEP.
Don’t blame the government on future policies. Blame yourself for not taking the opportunity now, today.