A facebook shop is selling this. I think it’s so cute but I’m not sure the amount of money it’s worth I really wanna spend on. But it’s really cute.
Just ordered the brown get-ups :)
When you go back to the basics and finally understand it, that’s when everything else makes sense. That’s how I felt following the scheme of this post. Everything from what it is, key points in history, to buying stocks and its presence on the global markets, it’s all there.
I am a 26 year old female in NH. I hold a BA degree in Communication; however I have not found a “professional” job in the 4 years since my graduation. I have gone months between part time employment through temp agencies and jobs beneath my means. I owe at least 20K in student loans, and have just borrowed again and begun a teacher certification program this fall. I’m hoping to have a career by start of school, 2013. I’m intelligent, have always been a great student, and I feel cheated.
Over the last few years my credit card debt has grown to about 10K, just for groceries/bills/living expenses.
I have NO health insurance, after being kicked off my father’s family plan when I turned 26 last January. That really scares me, because at least once or twice a year most people need to at least see a doctor for antibiotics…(strep throat? uti? not to menton the OBGYN?)
And I am one of the very LUCKY. I have no children to support, thank goodness, but I hope to be able to someday.
This is all new thinking to me, but it’s hitting me hard.
I am the 99%.
democracynow.org
Hey guys,
Today i’m going to talk about residual income. I am going to try and explain it on the most basic level. Residual income is money you keep getting after doing something or putting time into something once. For example, an author spends time writing a book and gets it published. Every time a copy is sold he gets a check in the mail, known as royalties. So the author spends his time once and continually gets paid for it. Another, more common example, is real estate. People who own rental properties get a check every month from their renters. They pay for the rental property and all the expenses associated with it and in return get monthly payments from the renters. In my mind residual income is the best kind of income. If you can get to the point where you have more residual income than expenses your doing better than most people. Can you imagine living the lifestyle you want and not having to work a day job because of all the residual income you receive? This is how I want to retire. I don’t want to save every penny I earn and put it into a 401(K) and hope it does well. Instead, i’m going to spend my time working on acquiring as many means of residual income as I can.
Also, focusing on residual income will hopefully allow me to retire early! It takes a ton of money to retire and saving all of it takes too long if you ask me. My goal is to acquire as much residual income as possible as early as possible!
Above I mentioned two different forms of residual income; an author getting royalties on a book and real estate owners getting rent payments. These are not the only two forms residual income comes in though. There is dividend payments on stocks, revenue from a business you own, and payments from companies advertising on a website you designed. The possibilities for residual income are virtually endless. So how will you use your greatest assets, your mind, to get yours?
-Dylan
Residual Income.
Hey guys,
So i bet you’ve herd at least one adult in your life tell you to “Go to school, get good grades, and then you can get a good job and be set for life.” Well this might have been good advice for our parents and grandparents but the fact of the matter is we are not our parents! They were born in the Industrial age, were you could rely on your academic credentials for a good job and then rely on that job to support you; allow you to get promotions, move up in the company throughout your life, and get a Pension plan for when you retire. All of that was great for our parents and grandparents, but it is no longer the industrial age. Today we live in the Information Age! No longer does a good education mean you are guaranteed a high paying job. More and more often we are seeing kids graduating from college with bachelor degrees in business management only to find them working at a 7-11. Does this mean we should stay in school longer and come out of college with a masters or even doctorate? Well that is one way to do it, but even then you are limited to making a low 6 figures, which isn’t bad by any means, but I plan to make so much more.
So your probably saying to yourself “This kid is crazy, six figures is great money. If I can get a masters or doctorate i’ll be able to make plenty of money.” Well if you are content with living in the middle class your whole life thats fine, but let me ask you this. How many millionaire doctors do you see? Or college professors? Or Dentists? Most extremely wealthy people are no better at school or college than the rest of use. What they are smarter about is what they spend their time learning. Wealthy people spend time on their financial education, an education high school won’t give you. We as teenagers need to be proactive about what we are learning. I’m not saying slack off in high school, but maybe instead of getting 104% in every single class, focus some of your time on learning about money!. After all, a strong background is where the success comes from. Also start questioning what you are being told. Don’t just believe everything you hear to be the truth. Think if the advice your getting is good for your future in the Information Age or if it’s outdated Industrial Age advice.
Niiiiccee.. good post!
Tom Ford on the Modern Day Gentleman.
1. You should put on the best version of yourself when you go out in the world because that is a show of respect to the other people around you.
2. A gentleman today has to work. People who do not work are so boring and are usually bored. You have to be passionate, you have to be engaged and you have to be contributing to the world.
3. Manners are very important and actually knowing when things are appropriate. I always open doors for women, I carry their coat, I make sure that they’re walking on the inside of the street. Stand up when people arrive at and leave the dinner table.
4. Don’t be pretentious or racist or sexist or judge people by their background.
5. A man should never wear shorts in the city. Flip-flops and shorts in the city are never appropriate. Shorts should only be worn on the tennis court or on the beach.
Interesting!
