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Saturday, August 15, 2015

Mind your own business

" Wealth is measured in time and Rich is measured in money" Robert Kiyosaki




I made a good choice taking the restaurant job over the bus driving job. My new boss is so good. We opened on Thursday of this week and our sales were so great that we ranked 3 place in all the takeout places in Canada. With only 5 people in staff and two owners. The head office is so impressed that they are thinking of making our store the head training place for other owners. That is very cool.

My boss said to us yesterday that we will be getting more wages and she is looking into benefits for us as well. Sometimes it pays to do something you love, for less money, then to do something you hate for more money and end up leaving in the end. We are always told what a great job we are doing, I'm almost tired of hearing it. That's a first.

So, finally I'm in a job that I love to do. I excel in the kitchen area. I love it when the work load if not extreme, like some places I've worked that you can't seem to catch up. This is great because we have 4 items on the menu and that's it. But the line up at noon says it all. All we need to get now is a few more employees. I can now make a list of what needs to be paid first and then begin to save money again. I'm still planning to sell my vehicle for something that is less pricy on gas.

What a difference from a few weeks ago, when I was not sure how I was going to my rent. I have some money, about $80 and a friend actually owes me $60 for helping him paint. I should be getting a check from work today or tomorrow. I'm not rich yet, but it is getting better. It's all about finding a place of feeling relief.

Robert Kiyosaki says in 1971 the rules of the money game changed. when president Nixon took us off the gold standards, and second in 1974 when 401k. The 401K now meant that you no longer had a paycheck for life. Which meant, the job you work in was no longer your retirement plan.

The rules prior to 1974 were ,
1- Go to school, get a safe and secure job.
2- The second was work hard to earn more money.
3- Save money. 
4- Buy a house
5- Get out of debt
6- Invest for the long term
7- Diversify

Those are the old rules and there are still people stuck into those old rules. But there are new rules.

Lets take the word "School" Before 1974 you could go to school and get a job. But today after 1971 and 1974, people need to know that you need more education then the school system is willing to provide. We learn to read, write and do math. These are important yes. Then you get to decide what you will be after school, a lawyer, doctor, teacher , etc. The one thing that the school systems do not provide is a financial education. The lack in the knowledge of how important it is to teach money management to kids.

All the teacher teach to kids are the old rules of money, therefore repeating the same patterns again and again. That is inadequate financial education in todays society. I'm learning more about money outside the school system the I ever learned in school. If I was taught what I know today about money in school, my future would have been very different. I have increased my Financial IQ.

This is why there are so many people in trouble. There are four basic people in the world. There are employees, self-employees, there's big business and there's an investor.  The real reason people get into financial trouble is that they get a job as an employee or a specialist, example a doctor or carpenter. This is what our school system currently train people to be. It is no wonder that employees pay the highest percentage of taxes. Second are the specialist, the doctors, lawyers etc.

The big business and investors pay the least or no taxes. The rich people train people to learn the business side of the equation. How to learn to do the business and if your under a strong support system, you have no choice but to succeed if you do the work needed. You don't have to quit your job to get on board on the other side. Money doesn't make you rich or poor, it's your education about money that decides if your rich or poor.


Your Money Trailblazer

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