I discovered recently that the meaning and understanding of personal wealth, successful finances, being financially independent, having all the money you want in in life, having a large amount of money (how ever you see it, or whatever you want to call it) certainly has a different meaning for each individual, for each community or group, and as it takes a certain sense of financial wealth understanding, it is a unique process.
Okay so what I am trying to say here is that we all see financial security differently and that learning to achieve and maintain financial security would be a great advantage for those who seriously seek out an answer. The big problem is getting people motivated to seek and find an answer on solving their own financial security issues. The road to achieving success starts with pushing yourself and keeping with a plan. Yes that plan will change, you will change (for the better), yet that first step along with commitment has to start.
The journey to financial freedom is taken by those who have the desire and the ambition to seek out a better opportunity for themselves and their families. Planning for a lifetime takes just that, a lifetime, you cannot do it in a week, a month or a year. It takes constant planning, rearranging, decluttering, and keeping up with what is going on around you in the financial world.
I understand that the culture and the type of society that an individual is raised in pretty much sets the standards to how they probably will turn out later in life. For example: the son of a big shot, high priced lawyer is not going to end up scrubbing floors, or working a minimum wage job. And the same goes for the majority of young people following in their parents foot steps with money concerns, and always “fighting the devil” on their financial struggles such as living paycheck to paycheck, going deeply into debt, filing bankruptcy. People definitely pass on life techniques to their off springs and most of the time it seems to be a hindrance, (I heard a while ago that a family was in there sixth generation of living off of welfare…each generation just expected it to be that way, and made no attempts towards improvement in their lifestyles or finding a way out of “the system”.
Obviously having the knowledge, the proper amount of money to seek a better secure home setting, a better future and secure lifestyle with a positive outlook could make a huge difference.
The majority of our younger generation, and this can also apply for all age groups, is that they never realize the affects of putting together any type of financial plan, building any type of future retirement. The mindset and the ability to focus and change to a rewarding financial position is totally out of reach for the average American. People are taught to stay within their realm of reality. For the majority of individuals, striving to achieve the maximum ultimate goals is most of the times beyond their reach. The mind can play strange and funny tricks on us and most of the time, just the realm of “getting by” is unusually sufficient for the majority of individuals.
People need to take a good long hard serious look at their personal finances, their future and what their financial security will look like going into retirement years.. Unfortunately getting people to do such a task is a major job, seems to me now a days people are too busy in their lifestyles, too busy into social media, attempting to keep two steps ahead of the bill collector and looking over their own shoulder.
If this is you – learn to fix and grow your financial security because no one is going to do it for you.
Inflation will continue, the bills will keep coming, income will be lost, unexpected emergencies will happen. Make your plans, build your future, learn to have a constant flow of income, learn to invest in yourself. Getting creative and continuing to educate yourself can lead to achieving your goals. Learn to use the right tools, follow a good mentor and just get started.