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Colada
A drink of Knowledge Wisdom and Change
"Each man (is) the architect of his own fortune."
Appius Caecus
MONEY 103
"Our lives improve only when we take chances-and the first and most difficult risk we can take is to be honest with ourselves." Walter Anderson.
Lets look at a few more facts about MONEY and how to acquire and keep it before we get into how you..YES YOU CAN BECOME A MILLIONAIRE.
You could win the lotto, steal it, inherit it, find it. Sue someone for it, and the last one would be to work for it. If you live in Southern Florida, you would have a better change of getting hit by lighten and being eating by a shark at the same time then winning the lotto.
If you steal it and I see in the news paper everyday someone making the claim that so and so stole their MONEY. But if you read down a little you find that they gave them the MONEY because they were told that they could get it back plus two or three hundred percent return,(like what the government when it is telling you to play the lotto...give me one dollar and you could make 155 million dollars.)
Who do you want to die so that you could become rich? As for finding it who do you know or heard about other then Mel Fisher and the guy in England that has FOUND MONEY. I forgot my Grandson found 2 pennies today and told me that today was his LUCKY DAY (I do make him put MONEY in a bank) and it was not any of my MONEY so maybe it was my lucky day.
There are more lawyer in this county then any other county in the world. (joke do you know why sharks don't eat lawyer.....professional courtesy)
Work for MONEY! GET A JOB! (jack...of the boss, JUST OVER BROKE). I HOPE that I win the lotto...or......WHAT EVER.
If you work for 40 years and you only make 10,000. a year, you will have made 400.000.000. (told my boss that I should get paid what I was worth, he said Jack I would love to pay you what you are worth, but there is a min wage law in this State.)
I am going to use a word that you may have hear but did not fully understand them and a few cuss words. Let's get the cuss words out of the way first...BUDEGET, I CAN'T DO IT, I DON'T ....,AND THIS IS THE WAY I HAVE ALWAYS DONE THIS.
Do you know why the government takes taxes from your pay check every two weeks? When they started charging taxes (only about 5% or the people had to pay them, until the late 30's where almost everyone had to pay them, and they started taking their MONEY before you got yours in the 40's, because they found that people Could Not Budget their MONEY to pay them their MONEY by April 15. Say what you want about the government but in this, they were not dump. They fully understood that people can not live with a budget.
I am sick of hearing I can't do this and don't tell me to do this or that or not to do this or that and this is the way have done it and this is the way my father/mother/aunt/etc has done it.
I do not CARE,YOU NEED TO CHANGE. I am from Boston, and I believe what John F. Kennedy said. "Change is the Law of life. And those who look only to the past or present are certain to miss the future." and I do not want YOU to miss any of it.
There is the MAGIC WORD called, COMPOUND INTEREST. Albert Einstein had this to say about it, "Compound interest is the eighth natural wonder of the world and the most powerful thing I have ever encountered."
What most people do not know about this magic word, is that it like a two edge sword in that it will cut you in both direction.
One side that most people see and still do not understand is when they buy a car or any item that cost more then $10,000. The Bank/dealer will lend you the $10,000 for only 10%. Lets look at the math.$10,000 at 10% for 60 months, would mean that you will have paid $3,346.67 or 33.5% of the $10,000 amount that you borrowed. Yea the math is right it is not 10%.
The other side works like this if you were to put $3,000.00 in the bank for 5 years starting when you were 15, How much MONEY would you have when you get to 65 (ans A) how about if you started at 19 and stopped at 26. (ans B) what do you think the amount would be if you stated at 27 and keep putting the money in the bank until you were 65? (ans C) and which person do you think would have the most MONEY at 65? (ans D)
In closing this COLADA I would like to leave you with a few thoughts about YOUR VALUES on MONEY. One from Alan Greenspan, past chairman of the Federal Reserve, "The NUMBER one problem in today's generation and economy is the lack of financial literacy."
The second is by Robert Kiyosaki (Rich Dad Poor Dad) "We are not taught financial literacy in school. It takes a lot of work and time to change your thinking and became financial literacy."
The last is by Wallace D Wattles, "Whatever may be said in praise of poverty. The facts remains that it is not possible to live a really complete or successful life unless one is RICH."
Jack Boston
(ans A & D is $1,615.363.40, ans B $1,552,739.35, C $1,324,777.67)
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