The down fall of society highlighted by our desire to revert back to the structure less systems of the Stone Age (anarchism), can be prevented by proper education in the art of money handling. Many of the so called 99 percenters, problems relate to their class status,or their finial status, which is perpetuated by lack of adequate education in the art of handling their money, as well as a burning lust mirrored by their love for money. Education from a young age about money handling, will effectively abolish the majority of the poor, and will allow people earning mediocre wages to still be able to benefit from the same goods, and treats the rich do. An example of how one can rise to finial stability, and success, abandoning their prior mindset of cheap goods accumulation, is the art of paying oneself. If one paid them self by essentially putting the first hour or two hours of their every day pay, automatically into a savings account, then such a account will experience steady growth, coupled with increases due to compound interest. If one earned £10 an hour, 9 hours a day,worked 7 days a week, and worked 40 weeks a year, and if one would save just £10 a day (the money they make in the first hour of each day) then one would be able to live the life style they pleased, whilst effortlessly saving £2,800 a year. After 5 years of work, with pay remaining constant, and no bonuses and not including compound interest not included, one would have £14000 saved. Now if one saved the first two hours of their pay a day, one would have saved £5600 in a year. By doing such for 45 years,and adding compound interest of 8% return! one would have well over 1 million pounds saved. Another short but valid contribution to the education of the art of money handling, includes the art of spending. Many people often get caught up in spending on deals which provide them with material they dont entirely need. One can spend their money on liabilities or assets as its put in the finial world. Spending money on assets is the spending of money on things that will make you more money, such as investments, art, realestste, businesses, stocks etc. Liabilities as coined in the finical world, are things which cost you money to uphold, such as houses, cars, boats etc. If one spends the money they have (not including the money automatically saved), on adequate assets then halving the money made, putting half into the saving account, and the other half towards reinvesting into more assets to make you more money, then one can rise to finial stability and success with little to no stressful effort. Money is only a bad thing when its used under the cherish-ment of love, and the ignorance of stupidity. Many people fall into the trap of non investment, for their love for money keeps them clung onto the idea of storing and accumulating every last penny of it. Instead of giving, they choose to accumulate and thus dont see the benefiting returns of the equal and more mounts recived. Give, and you get back what you gave, and a lot of the time, more than what you gave. If everyone was able to be educated about how to use their money, even those stuck in the world of the poor will rise out of such a whole, despite being paid at low cost. And those who finically fall will be fully responsible for such, instead of the environment of heavy exploitation being the problem. Finical stability and success is easy, one just needs discipline, and needs a insight into the workings of natures growth,to which one can then bring into the workings of financial growth. Compound interest can get one far. For example, coupled with the miracles of compound interest, one can annually contribute €5000 to their IRA, and within 45 years with 8% return, one would have€1.93million. Now if one spent the money they didnt add to the Roth IRA,on living costs, treats, and assets, then that figure would double depending on how well you evaluate and give money to your assets. Its not money that needs to go, its the love for money that needs to. By educating people, especially the youth on the art of money handling, we can rise to financial success, without ever needing to earn more than £30,000 a year from our jobs. Meaning one can take more time off, and peruse that which one wants to do in life, whist time rising finically. As for stocks, its not wise to buy when everyone wants and is buying, that should be the period to sell; whilst when no one wants to buy, should be a indicator, indicating a period at which you should buy. (Not every time) If one wishes to change the environment of the world, the status and finical power of a billionaire is very beneficial to achieving your aims, and allows you to fund your own creations, and introduce such onto a large scale basis. Hence why I just told you how to effortlessly become millionaires whilst upholding a life style of your pleasing instead of a lifestyle tainted with the expense of having to work 24/7 to acquire finical stability,success, and hence why I will become a billionaire.
Posted on: Sat, 22 Mar 2014 11:24:11 +0000
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