Archive for the ‘Commentary’ Category

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Motivation and education are not the same thing.  To get the most out of our educators, mentors, and financial gurus, we have to know what they are trying to teach us.  Are they trying to motivate us, or educate us?  Does the financial guru sell their information, or are they selling themselves?  Are they getting rich by teaching people how they got rich, or getting rich by selling the IDEA of being rich?

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I found myself asking “How Much Is A Billion, Anyway?”

We Americans now total 300,000,000 (roughly)

When the government of our great Country spends one Billion – that’s $1,000,000,000 – how much is that in terms I can relate to?  They say things like “a billion Oreos stacked can reach the moon” or “if you spent a dollar a day, you would have had to start spending when a T-Rex walked the Earth.” But here’s an easy way to put it in terms any of us can understand…

We will split it up – and everyone in America can pay their share…  $1,000,000,000 divided by 300,000,000 people = $3.33/person.

That’s every man, woman, and child. Every elderly. Every person in America owes $3.33 every time the Government spends $1B.  If you’re a family – you’ve got the parents and maybe one, or two – or six – of the country’s 73,000,000 children under the age of 18 living with you… Cough up $3.33 for each person in your family every time the nightly news says “One Billion”

Some quick math:
  • Single Person      -  $3.33   per Billion
  • A Loving Couple   -  $6.66  per Billion
  • Add a Kid           -  $9.99  per Billion
  • My family (2 adults, 2 kids) – $13.32 per Billion
  • Family of eight (2 adults, 6 kids) – $26.64 per Billion

My wife says “It’s just made up money anyway”. But the country’s we borrow from to pay off these crazy things don’t think the money they lend us is imaginary. The Federal Reserve, while knowing their money is imaginary, don’t treat it like it doesn’t exist. And you and me – paying for these things with our time, our hands, our backs and our minds – we make our paychecks and we work on our businesses and the money doesn’t seem imaginary to us.

In fact the only people that pretend the money isn’t real are the politicians making the budgets to spend OUR MONEY!

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