Baby boomers have raised their kids and taught them that the key to success in America is getting an education and then finding a good safe J-O-B.
Do we still feel that this is the best way to go about realizing our dreams? Today, we find that smart, hard-working people are choosing careers not for the love of the work, but for financial rewards. After finding that "great job," they get caught up in the rat-race and then find themselves competing with each other and other ethnic groups for an ever dwindling number of upper management positions.
I don't believe this advice is serving us well in today's economy. We find that there are many successful business owners who chose to work in a field that they enjoy and their excellence has propelled them to the top of their fields. Instead of worrying about being hired to be upper managers, they are simply creating their own companies to manage.
I believe that the best way for people to secure their financial futures is to find work that they enjoy doing. They shouldn't look for choose careers just for the money because they will eventually burn out. They will wake up everyday dreading going to work instead of being happy to rise and start their work day. They should find something that they enjoy and learn how to monetize it. After that, they should start to invest in other ventures that will kick off additional income. With the additional income, they should save some and then reinvest the rest. I'm no financial advisor, but this is my humble opinion. That seems to be a better approach given today's challenges with our economy.
Agree or disagree?
Learn more about the report here: http://www.businessinsurance.com/article/20150803/NEWS06/150809986
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Stephen Wicks, Founder