Saturday, June 16, 2012

We've Got to Do Better



Most of us seem to be taking our financial advice from those around us who aren't doing much better than we are. Those who would have us in debt and slaves to credit for status' sake, so that we can say, "Look at my house, my car and ALL of my stuff (even though my mortgage is upside down and I have no equity, my car is a depreciating asset and the fact that I still owe on the loan means it's not really an asset at all, and my 'stuff' is just sitting and not benefiting anyone)."  These same folks are working all of their adult lives but leaving no legacy to their future generations - nothing more than some trinkets and maybe some life insurance (if it's not eaten up by the debts that are left behind). Backwards thinking, and definitely not the future that our ancestors sacrificed and worked so hard to build for us. When and where did we get led astray?
Going forward, let us purpose to educate ourselves financially and try sitting at the feet of the true "have's", so that we can learn how to make money work for us - not the other way around - by creating and sustaining generational wealth for our children and grandchildren, which will enable us to be a greater benefit to our communities as well. Just a not so random thought, manifested from what I see and experience in my own environment on a daily basis. In the words of Dr. Tiffany Monroe, "You've got to choose a side."  I'm choosing to change my mindset - for my future generations - in order to break the cycle of financial ignorance and the "go figure it out yourself" mentality, and purposing to live in financial freedom.  Have you chosen your side?