Did you know that the reason space shuttles have to deploy booster rockets is to help defeat the forces of gravity working against it and trying to pull it down?
But once the shuttle makes it past a certain point it only needs the tiniest bit of power to keep it in orbit indefinitely!
That is the same way with your finances. You have to work hard to get to the point where you don’t need to work for money to stay afloat.
While you’re trying to get to that point, life keeps lifing.
The water pump goes out.
You need new tires.
Unexpected bills show up.
All trying to keep you from elevating.
As hard as the pull to keep you down is, keep pushing upwards.
How?
Increase that 401(K) by 1%
Start that 401(K) or IRA
Start your own pension/annuity through a Financial Advisor
Start / Fund your child’s 529 plan
The journey of a thousand miles begins with 1 step.
I have personally witnessed where these small steps can lead to.
-Monk
- Personal Finance is a game. But if you haven’t realized this yet, then you’re the one getting played.
2. Because, you’re playing this game already but someone else is profiting (off of you).
3. Your Financial Literacy is the pathway to your Financial Freedom.
So, to the youth, young adults, and the mothers who raise them, Financial Literacy: Monk Says… Learn the Game