Imagine a world where food and shelter is an automatic given. Where the basic needs to survive were standard for every citizen. If you wanted more than the basics, you worked for it. Giving people basic necessities grants them the opportunity to work from a place of passion and want. Think of the things we could do, learn, or create with that type of freedom. A freedom that realistically is only given to people from affluent families.
The majority of our economic structure is made up of people who are apart of the lower middle class or below. People who are working to receive just enough to survive, while 40% of the wealth of America is made by 1% of the population.
How has this happened? Why has greed outweighed equality? We spend the majority of our time and energy during our most functional/healthy years working just so we won’t be poor or homeless. Most of the wealthy would rather buy materialistic things that will mean nothing to them when they die instead of establishing a society that is set up for everyone to succeed.
We earn degrees that come with unbelievable debt to get jobs where we wait for someone higher in the hierarchy to say that we are valuable enough to make more than what’s needed to pay bills. The same people who have the power to take away our financial security whenever they please. Our lives are not our own unless we work for ourselves.
These “norms” seem absurd to me. They are motivation to become an entrepreneur. To regain my life and freedom to work from a place of passion instead of necessity. How I’ll achieve that is the challenge. What would you do if you were given the basic necessities to survive? Comment below.
I came out to my mother last Wednesday, October 18, 2017 at the age of 29, a week after National Coming Out Day. I wanted to do it in person and knew I’d be in town the following week so I waited. Plus, coming out doesn’t have to be on a certain day, just whenever you feel ready and comfortable doing so. I’ve always said I wouldn’t come out to my mother until I was in a serious relationship and I had to let her know because it would be too hard to hide. I was scared. I dated a woman who told me about her family disowning her after they found out. I didn’t want that to happen to me, so I decided to wait. Although I’m currently not in a relationship, I couldn’t hold this secret in any longer. Continue reading Growing Up Gay in Mississippi
Welcome back for another installment of #FinanceFriday! Today we’re continuing our conversation about mutual funds. If you missed part 1, click here and catch up.
When people talk about mutual funds, they are more than likely talking about open-end mutual funds. Shares of open-ended mutual funds are Continue reading Investment Companies – Mutual Funds (Part 2)
I’m back!! I took a short hiatus due to traveling among other things, but I’m back to provide you with the basic investing information you need to build a prospering financial future!
Today it was announced that Amazon bought Whole Foods for $13.7 billion!! For those who already had Whole Foods stock, congrats because your investment has increased by 28% today! Amazon stock has also increased by 3.04% today and is valued at almost $1,000 PER SHARE! Google is another highly valued investment. You may be thinking (as I would be), “Wow. I can’t afford to buy a share of Amazon or Google.” WRONG! You can have shares in both Amazon and Google along with other highly valued stocks. How? MUTUAL FUNDS!
Mutual Funds, a type of pooled fund, are Continue reading Investment Companies – Mutual Funds (Part 1)