NEVER WORRY ABOUT MONEY

Two "Golden Nuggets"

 

There is simply no reason why any child in this country, today, should ever have to worry about money, retirement, careers, or any thing else that money impacts.  But they will, simply because everything around them from their parent's behavior, to the TV, to their government (at all levels) teaches them to de-value two things: Patience and Self Discipline.  It would be nice to include "Honesty", but in this media environment, that's too much to hope for.

 

I learned these lessons, instinctively, in the late '40s when I got my first full-time job.  At a tavern (beer-joint that served food), located across from the entrance to the Missouri State Fairgrounds, I had to stand by the road-side, tip my paper hat and bow to the red-necks driving by, yelling: "look  at the cute little nigger"!  For ten cents an hour and for 10 hours a day!  From that time forward, I always had money; because I knew how to work to get it, and when I was old enough, I was able to keep a portion of whatever I made.

 

On November 20, Frontline aired a program entitled: "Poor Kids".  If you didn't see it, you can look it up.  Try to get your grand-kids to watch it. (Good Luck, at that!)

 

The two values stated above, should be intertwined in every aspect of our living; but they were deliberately abandoned when the Baby Boomers were young, in order to form our "consumer economy".  My generation, the "silent" one, grew up in the Industrial Economy -- a time when this country "made things".  We created those new technologies, with government funding, that won the Cold War and spawned new "rich guys" like Gates and Jobs.

 

Unfortunately, for me, and for most, these values have to be learned in brutal times.  For the "Poor Kids" on the Frontline program, these times are their "brutal" times.  They watched their parents lose businesses, homes, all their possessions.  None of it, the fault of the kids!  They are now trapped in the consequences until they grow old enough to escape, as I did.

 

The technologies we developed also brought two things to everybody which can set them free of money woes: the computer and the internet.   For the first time in history, the average person can know exactly what they own.  They can know their costs, their cash flow, and their retained earnings.

 

With the discipline to use these tools, and to start early enough for time to work for them, everyone can be on their way to real financial freedom.  However, they have to thoroughly overcome all forces that urge them toward unwise consumtion!

 

Stay Vigilant!

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