Author’s Introductory Note: This was written for high school students that are attending the Alternate High School in the American Redoubt which the local Rotary Club has taken an interest to mentor and expose the students to various job possibilities and for a few, higher education opportunities. This was to be a handout and discussion on each topic as this was to be an opening to talk and expand each item as the students wanted. Then a presentation on being an entrepreneur either by buying or starting a business and how to finance such business. Of course, a person will be required to have knowledge of his/her business along with empirical working time in same business.
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Because Covid-19 lockdowns, this has yet to be presented. Perhaps it will in the first quarter of 2022.
SurvivalBlog readers most likely will have this information, but some will have children, grandchildren, or friends that could benefit from some of this. I have found there are some adults that could use this as not everyone was taught how some of the world works in relationship to money. This is not intended to be the end-all about life and money, just the beginning.
Some rules to live by, some are for personal and some if you plan to have a business.
You are responsible for yourself. No one made you do it, if you study and get a great grade, you earned it, if you choose not to study and flunk the exam, you deserve it, and no one but you is responsible for all of your actions.
Females, don’t become pregnant before 25. Be married, have adequate income. The cost of having a child before a stable relationship and completed education will affect you your whole life. Raising a child before you can afford it will prevent you from an education and keep earnings below what you will have if this does not happen. If you do have a child, you are responsible.
Males, do not get a female pregnant before 25. If you do, you will have a legal financial reasonability to the child for 18 years. This will prevent you from completing an education and affect you your whole life and if you do, you are responsible.
Show up on time every time. An employer is paying you to be on time, put in a full day’s work for the money that is being paid to you. What you do on your own time should not interfere with your ability to full fill
Your obligation to your employer. Like staying up most of the night.
Pay your bills as they come due. The financial world is run on credit and to play the game correctly you must pay your bills when they are due. When you do this you will benefit greatly from the world of credit by having an excellent credit score. The credit score is what the banking system runs on. Having a great credit score will open up opportunities that will not be available to people that don’t have great scores.Continue reading“My Rules To Live By, by Brad F.”
