Life is about Choices
Finances /You are in control of your finances and you make the choices that decide how successful you will become.
Simple Practices that Lead to Wealth
You are in control of your finances and you make the choices that decide how successful you will become.
It’s a recurring theme here on the blog, to discuss the merits of increasing your income steadily. There is a lot of sound financial advice out there; including “stay out of debt”, “pay yourself first” and “live below your means”. But, one piece of financial advice that often gets neglected is to “invest yourself to increase your income”.
Sometimes, the dehumanizing aspects of greedy, self-serving corporations can make you depressed. After I quit my last job, I watched Office Space a couple of times and it really cheered me up. It reinforced my belief that I shouldn’t put up with abuse at work, just to earn a living.
There are way too many complex derivatives products and they are often used to gamble for profits, instead of being used responsibly for hedging. Also, there are some highly leveraged and naked securities, which have such a high loss potential they never should have been legal in the first place.
The cost of our health care is unsustainable, considering the number of people retiring and others using Medicare services. If we don’t come up with some sound financial solutions, Medicare may become insolvent. Plus, there are an estimated 45 million people who are uninsured and medical costs are the single largest cause of personal bankruptcies.