Rich people value financial security while the middle class focuses on job security. There use to be a time when these two terms meant the same. When I was going through school my parents wanted me to have a good education, so I could go on to get a high paying job someday. But that was the old way of thinking because the modern world doesn’t work like that anymore. 😐 Many university graduates with high grades today can’t find those “high paying” jobs anymore, let alone any job. 😕
In today’s world we have to think outside the box. We have to see the bigger perspective. For most people the point of having a job is to make money. If that’s the case then we should start with the money, not the job. Financial security means having a financial plan. It should begin in life as early as possible, but it’s never too late for anyone to start. Giving our finances priority means learning about our career paths, and life choices. It’s about making financial goals regarding savings, investing, and retirement. Financial security means knowing what we want our money to do for us. It means giving our financial future a purpose.
Finding job security can be a part of our financial security, but it shouldn’t be the priority. Job security is about finding a job. Financial security does that too, but it also teaches us how to survive if we lose a job. With a direct understanding in financial literacy we’ll have the knowledge and confidence to utilize other options like entrepreneurship, investing, network marketing, etc, in case we aren’t lucky enough to land our dream jobs right away.
The governor of the Bank of Canada recently received some heavy backlash from vocal individuals when he suggested that unemployed millennials should volunteer their time to build up relevant work experience. He probably meant volunteer work would help improve someone’s resume. However his words could also be interpreted to mean he supports unpaid internship. And there’s a lot of people angry about corporations taking unfair advantage of young people who are willing to work for free. I’m glad I’m not a public figure. In today’s politically correct world it can be difficult to speak candidly about anything. The best way to not offend anyone is pretend to be old, ignorant, and poor, lol. No offense. 🙂
Random Useless Fact:
On August 16, 2013, Google went down for 5 minutes and in that time, the global Internet traffic dropped by 40%.