Living for the future!


I do not know about you all, but I always hear live for today because tomorrow is not promised. This is a half-true statement and I will explain why I feel this way. First, of course I know tomorrow is not promised to anyone. I have seen many young kids die and on the opposite end many elderly people. The part that I do not agree with is that living for today. Many people take thought to the extreme. Of course, you should take vacations and have a fun-filled life, but you need to plan financially for tomorrow. The same way that your life could end tomorrow, you could live to be one hundred years old. I recommend creating a balance in your finances.
In my family, I can honestly say that my parents turned nothing into something. My grandparents had a great beginning due to my great-grandparents, but due to excessive spending, they ended the cushion that we had. Then my parents came along and said, "We want to make sure that if something happens to us, not only our child but the following generation has something" and with that mindset they were actually able to do just that. In my childhood, they instilled that same thought into my head. Luckily, I have enough to sit and not build, but when you do that you cut down your assets so I am working on either doubling or tripling what they have. Many parents wait until their children turn eighteen to teach them and introduce them to bills and financial responsibility. At the age of thirteen, I handled all my parents’ bill payments and bank account balances. Yes, I made mistakes and they double checked and showed me where I went wrong, but I learned at a very young age what an overdraft is, what a retirement fund is, and what it is to have a positive balance in the bank.
People need to understand that just because you make four thousand dollars a month, you spend four thousand. That is not smart; we need to plan for a rainy day. Look at how many millionaires have gone into bankruptcy due to the recession. I saw interviews and documentaries of CEO's who are now working ten dollar an hour jobs. I do not advise people to be frugal, but instead what I recommend is being wise. If you have a bank account, go to that bank and talk to a financial advisor. We need to ask questions, research, and make the right decisions for us. My country right now is considered emerging which is years away from the USA's status as a first world country, but most people here own their house and take family vacations. It is all about making what you have work for you. I hope you understand where I am coming from and put some of my suggestions to good use. As always, I try to motivate and inform my audience, so that your future is a little brighter.

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