Hello again, Malstrom,
I found this article on Business Insider about how rich people think differently and I was reminded about all those commentary you’ve made before about being an entrepreneur, financially independent, strive to being rich and not just survive, etc. Some things didn’t sound right though, but anyway, I wanted to share it with you, maybe you’ll find it interesting too.
The page is just a collection of many of the common sayings you’ll see in the books and the ‘get rich’ industry. The one I really disagreed with was the last one with the family. Apparently, this article must have been written for women because the financial punishment for men is extremely severe with divorce and alimony.
The biggest problem with men going down the path of prosperity is their wives/girlfriends. Do you think the wife wants uncertainty? Ho ho ho, no. Some of it might be biological since when you’re thinking of raising a family, you look for ‘stability’. Of course, the best way to get ‘stability’ in this world is to go down this path. There is no such thing as ‘career stability’ anymore.
The term we call men who are doing jobs they hate as ‘wage slaves’. They are slaves to their wages. While the guy might be thinking, “Maybe if we get a smaller house, it won’t be as expensive and I won’t have to do so much work to maintain it,” the wife will likely be thinking, “He doesn’t know it yet, but we are going to get a BIG HOUSE. It’s OK. My husband can get a third job.”
“So what are you saying, Malstrom?” snipes the very angry reader. “You saying young men shouldn’t get a wife?”
No. What I’m saying is that when you look for a spouse, you should base it on financial agreements and expectations. Finance is the number 1, 2, and 3 issue with married people so you might as well start now. Also, be on the watch out of people with massive academic debt. There are people out there who think ‘sugar daddy’ is going to pay everything off.
Your own personal financial statement is more important than your report card or college grades.
The best thing I can think of is to make friends with financially successful people. You become who your friends are. I really, really wish I hung around such people when I was much younger.