40 An Hour Is How Much A Year latest 2023

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Becoming Financially Free – Successfully Finding Freedom in Financial Life – Possible or Not?

Freedom is doing what you want, when you want, with whom you want, and above all, having the resources, both physical and financial, to do it. In March 1992, the meteoric success of the network marketing industry served as the lead story in SUCCESS magazine. It outsold all the issues in the magazine’s 100-year history. So what had many already figured out that many more still wanted?

The 40/40/40 diet

Since David Copperfield’s print, society as we know it has been stuck in the 40/40/40 paradigm: working 40 hours a week for 40 years to then receive 40% of what was not enough to live on for those first 40 years. Today’s society calls it a “retirement plan”, and it is the path to poverty. To follow the plan, we must first get a good education; for example, a four-year degree which today will put you in so much debt that it will take you, on average, 10 years just to pay it back – assuming, of course, that you get to the second step which is getting a good job in a big company. Then comes your reward, the third stage, the Golden Years. After working (for someone else) for at least 40 hours a week for 40 years, you can retire.

While that plan seemed to work in the 1950s, today your business is more likely to file for bankruptcy than ever to deliver on its retirement promises. And even if your 401k has something in it, the ravages of inflation will have decimated its purchasing power, leaving you unable to live, just waiting for the inevitable: death.

The four-year career alternative

Is there another way? Can you really work at something for four years and give yourself everything you want in life for the next 40 years? Yes you can. But most people, stuck in the paradigm, won’t. Not because they couldn’t, but because they have been, some would say, deliberately brainwashed into believing that following your dreams and surviving is impossible. Yet following your dreams is the only way to survive. When we stop dreaming, we stop living. So, let’s get back to the facts.

Loyalty to a job no longer offers security; A four-year degree might get you a good job, maybe; The average person today will change jobs 7-10 times in their lifetime; Due to student debt and the costs associated with starting and supporting a family, most adults will be in their 50s before they can even start saving for retirement.

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