The Pile of People
Oh my, there are everywhere we turn. Pick up the paper and read the latest statistics about America's consumer debt...$Trillions!
Do some research on the amount of debt college students graduate with (IF they graduate before dropping out because of financial problems)...$3,000 to $20,000 or more. And that does NOT include school loans.
Talk to any handful of women in your circle of friends or co-workers. They are struggling one way or the other. Two things generally show up when you inquire. First, they aren't making enough money and are stressed because they can't meet pay their bills, take care of their kids the way they'd like to, etc. or Second, they are making decent to great money but haven't a clue how to hold on to it or what to do with it to make it grown. The investing concept is scary and they have no idea who to believe or where to turn to learn the basics.
Did you know that women's number one fear about growing old isn't health related? Women's number one fear is becoming the proverbial Bag Lady. This is not good!
Almost every culture in the world needs to learn about money. It's rarely taught and the when it is taught, rarely is investing in passive income producing assets (AKA The Three Pillars of Wealth" taught or discussed. Kids are still being conditioned that the only way to 'make it' in the world is to get a job. This is not the truth and we must teach them now.
The symptoms of a financially illiterate society are everywhere: too much shopping, too may credit cards, too much stuff, stress-related illness, substance abuse, nonprofit agencies everywhere looking for ways to help the 'underpriviledged.' There isn't any such there. There is only un-resourceful and ignorant people that don't have a clue what to do. (Yes, there are many who really do need our help. I'm not talking about them. I'm talking about all the able-bodied human beings on the earth that can make it in the world on their own IF they were simply taught the tools to do so.
Enough said? Great. Let's more on! |