What camp are you in?
When you're up to you ass in alligators, it's hard to remember your objective was to drain the swamp. Is everything always ten times harder than you thought it would be?
Dad use to say, If wishes where horses, beggars would ride. Don't believe the gurus who tell you there's an easy way. If there was, the top one percent would be a lot bigger than it is.
Does $$388,995 sound like a lot of money to you? Well, it is! That's the annual income it takes to be in the rarified air of the group who make more than the other 99%.
If you look at the chart you'll see that, according to the St Louis Federal Reserve, the median personal income here in the USA as of September of 2015, was just above $30,000 annually.
The worst of the best. Those making just enough to qualify as one percenters, earn almost thirteen times more than the median income earners do.
Here's the funny thing about that comparison.
It really pisses some people off. They think it's unfair, that those one percenters did something wrong to make so much. They should give there income to those less fortunate. They should pay more taxes.
But there is another, much smaller segment of people who see what it takes to be in that top 1% and decide, they want to get there.
Which group are you in? I really want to know.
I wasn't born with a silver spoon. Dad was a college professor, back when they didn't make much money. We were definitely middle class. I got my first look at how the other half live when we'd visit my aunt and uncle's house. He was a captain of industry, the executive VP for one of the biggest companies on the east coast. They were living large.
Our vacations involved sleeping on relatives couches for the holidays. My uncle took his whole family to Hawaii for two weeks at Christmas every year. I made a decision early on to shoot for my uncle's lifestyle.
If I knew how much work that would take, I'm not so sure I ever would have taken my first step up the mountain. The journey was way harder than I ever imagined it would be, but the rewards have far outweighed anything I ever could have imagined.
I know how to do it and I've helped a lot of others get there too. Is it easy? Of course not. Do you have what it takes? What if you try and fall short? What do you want out of life?
If you do want the lifestyle of the top one percent, in my opinion, the best way to do it is the same way I did. One step at a time.
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Recent Comments
1
Once step at the time ! Great advice ! Thanks for sharing..
Pat