You work hard, you earn money, but you are broke. Why? In this episode I’m going to put out there a theory in the western world why people are broke, and it isn’t the reasons the media and society will tell you. It is not rampant inflation. It is not that you are not paid enough. It is actually far simpler – it is about the decisions you make, and the fight to control your mind.
In July 2018, 32% of cable TV subscribers in the USA had cut the cord and left cable. This was due to the excessive pricing model and the free market's supply & demand model by opening up options to Internet subscribers.
I absolutely believe that the first thing anyone should have as part of their financial strategy is liquid cash available for times of emergency. This has become more popular due to the Dave Ramsey preaching of the value of an emergency savings fund. But just how much is right, and what factors may influence the amount you need to have? We discuss this in light of a passive income strategy in this article.
What we are doing in the United States and the western world is not working. The average person is living from pay check to pay check, is carrying too much debt load, has barriers to wealth, is brainwashed and is losing their individual freedoms. This article suggests a peaceful way to break that model that you can adopt today and be free of the restrictions of the economic systems that we are expected to live in.