They really did a number on us. They will have us believe that in one lifetime, we can get a college education, climb the corporate ladder, get married, stay married, have children, raise children, fund our children’s education, and save for retirement.
Yeah right. The American Dream is much more than $5 million today. With inflation still running hot, it may be $10 million in less than five years.
How did we get here? How did “they” convince the average American that they can be a rockstar at home, at work and in relationships?
Homebuying for the Average Person
One word sums it up: independence. This is the worst word in human vocabulary, at least in our current definition.
Yes, financial independence should be everyone’s goal. However, this is how we define independence today.
The broken definition of independence. When we graduate high school, our parents push us out under the guise of being independent.
Because they lack financial intelligence, so do we. We start by getting into debt from college. Then we get a middling job and rent a crappy apartment.
We believe that living this way for 40 to 50 years will win us a prize in the end. This pitiful existence leads us to make poor relationship choices.
Inflation Ate My Paycheck 104: Create Infinite Dividends
Women want men who have already proven they can earn a high wage; however, they are ten years older. Men want women who can achieve a high salary but do not understand how to be mothers or homemakers.
I blame the parents and grandparents. I am neither a victim nor subscribe to the victim mentality. We are 120% accountable for our lives, actions, and results.
I blame the parents and grandparents so we can all wake up and do better. I am a parent of two boys, ages 16 and 12.
At some point, as parents, we must rededicate our lives to our children. No, this isn’t from years 0-18, when they are in our homes. We must truly commit to ensuring they launch correctly into this world from age 0-70.
Today, parents and grandparents are too busy getting divorced and trying to live their best life. We say things like, “my son has a good job” and “my daughter is on the right path.”
5 Takeaways from “Book Cover Design Secrets”
The financial burden of life. The economic toll of life is coming for all of us. It is simply too expensive to be so segregated.
Successful kids need the most help. They will try to do everything independently so they do not burden you. That’s why parents and grandparents need to understand finances.
Life is a numbers game, layered with emotions on top. If your son makes $100,000 in San Diego, he is struggling. If your daughter lives alone and makes $100,000 in Alabama, she is struggling.
The curse of a middle-class childhood. The most challenging part of raising kids is motivating them to move past the middle class.
Investing for Interest 107: Series “I” Bonds For You and I
When you grow up hungry, like my wife and me, it’s easy to have a passion for financial independence. When you grow up with food, nice clothes, vacations, televisions, cellphones, and air conditioning, finding this “core” motivation is much more complex.
Kids leave home thinking that they can be average AND successful. Those words are an oxymoron today. To be successful, you have to be elite OR have support.
The average person will fail. Making $100,000 per year doesn’t mean crap anymore. The only way for everyone to win is by working as a team.
The family team starts first. It begins when we give each of our kids their individual rooms. This small choice breeds a sense of individualism that remains forever in our kids.
Your Dream Job: Find It or Create It
We must get past this and understand that it is the family versus the world. Parents want their kids to be successful so they can brag on Facebook about them. Stop.
How does a family team look? First, they work together with housing. They don’t care how long kids stay in the house as long as they contribute and grow.
Yes, we all must have boundaries. We don’t want to enable crappy behavior from parents or children. We are adults, and we must effectively communicate to survive and thrive.
Bringing in a spouse. Finding an amazing spouse will be the toughest challenge for our kids. It is far easier to find someone great with parental support, correct?
If your family exercises strong family values, chances are your kids will bring someone in with similar habits. That’s why it’s vital you understand the power of family working together.
From Dirt to Dividends 4: Community Farming and REITs
If you have lived overseas, you can see this in action. When I lived in Turkmenistan, I was impressed by how close the families remained.
They had to stay close, or they would perish. Sadly, we are in the same boat here in America. When we live alone, we are one bad event away from being homeless.
Working as a cohesive family unit gives us positive reinforcement in times of great need. For example, if someone loses a job, they can become a childcare attendant.
They are still contributing positively to the family group. Things like this are how we build strong family bonds, grow as a unit, and focus on building generational wealth.
Art Edition- The Biggest Book on Passive Income Ever 2!
America is easy if we work together. Living in America is pretty simple when we work together. If you can keep your housing expenses under 20% of your income, you will begin to accumulate wealth.
We become so attached to our cities that it makes the family split. Parents may own a home in California with $1 million in equity. They could sell this home and buy a mansion AND rental properties in Mississippi.
This move would secure the family for multiple generations. Once the family amasses great wealth by becoming TICES (tycoon, investor, creator, entrepreneur, scholar), they can return to California in a position of power.
Crypto Investing 103: Avoiding FOMO at All Costs
The true key to building wealth is making massive sacrifices that no one else will make. This means putting families in one home. It means moving to a much smaller city to live without a mortgage.
Conclusion. It’s funny how working-class Americans force their kids out of the house while the rich keep them close. Why do you think it plays out this way?
Simple. Working-class Americans have nothing to offer their kids. They didn’t figure out how to get ahead in this life. Instead of being honest, they push their kids out under the guise of independence.
5 Takeaways from “From Paycheck to Purpose”
However, when you understand TICES, you can keep your kids close. You can help them become successful without undertaking as much stress as we did.
It all comes down to passing down “the information” to our kids. Who can raise your kids better, you or the world?
To be an effective leader, you must have a way forward. Having kids means we can build the strongest family in the world. However, it’s not random; it takes hard work. Good Luck!
- PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-Page PDF)
- Free PDF Downloads: Download FREE PDF LIST here
- Financial Mindset: Become CEO of Yourself 2 (Free 196-Page PDF)
- Retirement Planning: Your Retirement Planning Guide 2 (Free 255-Page PDF)
- Investing: How We Plan to Retire on Dividends 4 (Free 139-Page PDF)
- Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)
- Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)
- Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)
- Latest DGWR: Don’t Gamble with Retirement 10 (Free 419-Page PDF)
- Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)
- Writer’s Comparison: M1 Macbook Air vs. GalaxyBook3 Pro 360
- Read My Books for Free: Free Kindle Books Schedule
- Book Design: Design Tips on YouTube
- Kindle Unlimited: Why I Finally Subscribed Kindle Unlimited (learn more)
- Book Reviews: 505 Takeaways from 101 Books (pdf)
- Writing: The Publishing Chronicles (Part 1, Part 2, Part 3, Part 4, Part 5)
- Best REIT- Fundrise: Fundrise vs. US Treasuries (Join Fundrise)
- Follow us: On our Facebook Page and Join our Facebook Group
- Support the Channel on Cash App: $Kingmarine1981
- For more detailed analysis, join my Youtube: MFI YouTube Channel
Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. All Right Reserved Military Family Investing
Leave a Reply