mikecatt13
AH fanatic
I get your point, but self employment is not for everyone. It's way harder than most people think from the outside looking in, no matter the industry. They dont understand the stress, pressure, or risk.'Obviously not written by an American in the know, OR by parties trying to be PC....'Working for large corporations prior to saying au Revoir and starting my own, smaller, more-manageable and profitable business, I had witnessed decades of corporations having to offer PTD to employees, but leaning on them and loading 'em up with work, telling employees they're expendable, etc. etc. etc. (essentially blocking them from weeks of vaca after offering it at the time of employment.) Combine that with the absolute money mismanagement of the current administration in the US (taxes, inflation, reliance on foreign oil, products, etc. etc. whilst the executive committees scoop up all the profits for themselves,) and the average workers haven't a dime left after all bills have been paid. So, they have to work. My advice to all, especially younger folks, is to be the Employer, NOT the Employee in America (and do be one of the good ones that actually treats good employees well!) Many of us could write a treatise on this, but it's common knowledge here and one doesn't wish to talk about it anymore than they have to...It's a political-economic form of quasi-legalized Slavery. Too much commercial-governmental programming going on here for the masses. Advertising is heavy here. Many feel they must keep up with the Jones' by always purchasing new things, essentially becoming house-rich and pocket-poor. My elders always taught us by example that to prosper, one must master their profession and save, and they were correct! I add to that question every single thing you read or hear. They're not your friends. It's all about $.
Americans (and others I'm sure but i see this first hand here) are INCREDIBLY financially irresponsible and overleveraged. Most would be in an entirely different position if they just had basic discipline and financial education. I dont think most of them could begin to handle working for themselves.
As one of my mentors says, "the 1% is the 1% for a reason." Insert any % you want, replace with "business owner", really any goal or ambition that takes effort. We have an absolute epidemic of poor qualities and it's just gotten worse since covid because of the shutdowns, handouts, etc.
All that being said, almost all the folks on here to some extent know what's it's like to be disciplined in order to buy a new rifle, go on safari, and still pay rent. So your advice is presented to a better audience to take advantage of it.