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Companies around the country are laying off people left and right. New jobs that are created are in Lopane service sector. The days when you could work for one company for 30 years and retire on the patients are gone. Now you need to go back to school several times to get the skills for a career. Profession technology change constantly. You may have to return to school to get another degree or certificate or an even lower level of degree just to get the skills for a job. there's no such thing as going to college and then working and they're retiring. It is lifelong learning now. You could be laid off in your 30s 40s 50s and 60s. And if you don't have enough saved, you will not fare well.
Delay your gratification and focus on accumulating wealth.
Move to a place with a reasonable cost of living and access to jobs.
Do not have a family. You can be laid off at any time and you may have trouble looking for a job. You may not even have the money to get the educational training to potentially get a new job. Your family will suffer and will struggle. You need to cut down your expenses and cost. You need to right size yourself. You need to streamline your life. You need to increase the efficiency of life. You need to embrace minimalism.
Yes singles pay A disproportionately amount of tax. But it's much easier, simpler, then having a family and being a member of a dying class. You will have disposable income. You will have the peace of mind.
Just don't create a family. The government cannot use violence to force you to form a family. Just don't do it.
Companies around the country are laying off people left and right. New jobs that are created are in Lopane service sector. The days when you could work for one company for 30 years and retire on the patients are gone. Now you need to go back to school several times to get the skills for a career. Profession technology change constantly. You may have to return to school to get another degree or certificate or an even lower level of degree just to get the skills for a job. there's no such thing as going to college and then working and they're retiring. It is lifelong learning now. You could be laid off in your 30s 40s 50s and 60s. And if you don't have enough saved, you will not fare well.
Delay your gratification and focus on accumulating wealth.
Move to a place with a reasonable cost of living and access to jobs.
Do not have a family. You can be laid off at any time and you may have trouble looking for a job. You may not even have the money to get the educational training to potentially get a new job. Your family will suffer and will struggle. You need to cut down your expenses and cost. You need to right size yourself. You need to streamline your life. You need to increase the efficiency of life. You need to embrace minimalism.
Yes singles pay A disproportionately amount of tax. But it's much easier, simpler, then having a family and being a member of a dying class. You will have disposable income. You will have the peace of mind.
Just don't create a family. The government cannot use violence to force you to form a family. Just don't do it.
Too all-or-nothing thinking, I'm afraid. What's wrong with having kids if you're in a field with a 2% unemployment rate, would still be able to save 40% of your income, have no debt, and have liquid assets enough to survive a layoff, even if it takes 6 or 8 months to find another job?
This is the situation I expect to find myself in about 5 years from now. I see no reason to take the doomsday position.
Too all-or-nothing thinking, I'm afraid. What's wrong with having kids if you're in a field with a 2% unemployment rate, would still be able to save 40% of your income, have no debt, and have liquid assets enough to survive a layoff, even if it takes 6 or 8 months to find another job?
This is the situation I expect to find myself in about 5 years from now. I see no reason to take the doomsday position.
I'm not talking about the specific cases. Of course if you think you have a great career, then by all means. But for a lot of people there's no guarantee that today's good career would continue. You never know what is going to come when you reach 40 or 50.
I'm not talking about the specific cases. Of course if you think you have a great career, then by all means. But for a lot of people there's no guarantee that today's good career would continue. You never know what is going to come when you reach 40 or 50.
So why not just say "Don't have kids you can't afford", and leave it at that?
So basically you should enslave er.. dedicate yourself 100% into wealth building and don't start life until you are retired.
Great advice!
Excuse me while I live my life NOW and build a reasonable retirement at - the - same - time.
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