Friday, January 22, 2010 - Most workers focus on working for pay and...
Most workers focus on working for pay and benefits that reward them in the short term, but is often disastrous in the longInstead I recommend to young people to seek work for what they will learn, more than what they will earnLook down the road at what ; skills they want to acquire before choosing a specific profession and before getting trapped in the "Rat Race
Once people are trapped in the lifelong process of bill paying, they 1 become like those little hamsters running around in those little metal wheelsTheir little furry legs are spinning furiously, the wheel is turning furiously, but come tomorrow morning, they'll still be in the same cage: great job
In the movie Jerry Maguire, starring Tom Cruise, there are many great one linersProbably the most memorable is "Show me the money But there is one line I thought most truthfulIt comes from the scene where Tom Cruise is leaving the firmHe has just been fired, and he is asking the entire company "Who wants to come with me?" And the whole place is silent and frozenOnly one woman speaks up and says, "I'd like to but I'm due for a promotion in three miu miu charm bag months
That statement is probably the most truthful statement in the whole movie It is the type of statement that people use to keep themselves
busy working away to pay billsI know my educated dad looked forward to his pay raise every year, and every year he was disappointedSo he would go back to school to earn more qualifications so he could get another raise, but again, it would be another disappointment
The question I often ask people is, "Where is this daily activity taking you?" Just like the little hamster, I wonder if people look at where their hard work is taking themWhat does the future hold?
Cyril Brickfield, the former executive director of The American Association of Retired People, reports that "private pensions are in a state of chaosFirst of all, 50 percent of the workforce today has no pensionThat alone should be of great concernAnd 75 to 80 percent of the other 50 percent have ineffective pensions that pay $55 or $150 or $300 a month
In his book The Retirement Myth, Craig SKarpel writes: "I visited the headquarters of a major national pension consulting firm and met with a managing director who knock off balenciaga bags specializes in designing lush retirement plans for top managementWhen I asked her what people who don't have corner offices will be able to expect in the way of pension income, she said with a confident smile: "The Silver Bullet'
" 'What,' I asked, 'is The Silver Bullet?'
"She shrugged, 'If baby boomers discover they don't have enough money to live on when they're older, they can always blow their brains out'" Karpel goes on to explain the difference between the old Defined Benefit retirement plans and the new 401K plans which are riskierIt is not a pretty picture for most people working todayAnd that is just for retirementWhen medical fees and long-term nursing home care are added to the picture, the picture is frighteningIn his 1995 book, he indicates that nursing-home fees run from $30,000 to $125,000 per yearHe went to a clean no-frills nursing home in his area and found the price to be $88,000 a year in 1995
Already, many hospitals in countries with socialized medicine need to make tough decisions such as "Who will live and who will die?" They make those decisions purely on how much money they have and chanel classic bag how old the patients areIf the patient is old, they often will give the medical care to someone youngerThe older poor patient gets put to the back of the line So just as the rich can afford better education, the rich will be able to keep themselves alive, while those who have little wealth will die
So I wonder, are workers looking into the future or just until their next paycheck, never questioning where they are headed?
When I speak to adults who want to earn more money, I always recommend the same thingI suggest taking a long view of their lifeInstead of simply working for the money and security, which I admit are important, I suggest they take a second job that will teach them a second skill Often I recommend joining a network marketing company, also called multilevel marketing, if they want to learn sales skillsSome of these companies have excellent training programs that help people get over their fear of failure and rejection, which are the main reasons people /j are unsuccessfulEducation is more valuable than money, in the long run
When I offer this suggestion, I often hear in response, "Oh that is too fake louis vuitton handbag much hassle," or "I only want to do what I am interested in
To the statement of "It's too much of a hassle," I ask, "So you would ; rather work all your life giving 50 percent of what you earn to the government'" To the other statement-"I only do what I am interested in"-I say, "I'm not interested in going to the gym, but I go because I want to feel better and live longer
Unfortunately, there is some truth to the old statement "You can't teach an old dog new tricks Unless a person is used to changing, it's hard to change
But for those of you who might be on the fence when it comes to the idea of working to learn something new, I offer this word of encouragement: Life is much like going to the gymThe most painful part is deciding to go Once you get past that, it's easyThere have been many days I have dreaded going to the gym, but once I am there and in motion, it is a pleasureAfter the workout is over, I am always glad I talked myself into going
If you are unwilling to work to learn something new and insist on, instead, becoming highly specialized within your field, make sure the company you work for is large gucci bag union
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