Alrighty roosky. last blog post; let's get to it:
Last week Dr. Barry Morris came and visited us to tell us about wise investing and how that can possibly tie into civic engagement. Generally I'm skeptical about people other than my padre giving me economic advice, however, this guy has a Ph.D. and spent 35 years in the economics department here at UNA, so I was willing to listen.
I like money you see...I'm a penny pincher; I want to have a lot of money some day so I can worry about one less thing in life...So I listened :-)
Dr. Morris started off by telling us that when it comes to finances and civic service. Basically the government (federal and state) needs to be mutually and fiscally strong in order to help others. I can understand that from a financial point of view; but it also holds true to cases of morality. Generally a dedicated server should set an example as a morally strong person, who serves for the right reasons. With this idea in mind, he went on to talk to us about how to go about serving. The key, he explains, is to "begin with the end in mind." There are 23 boards in this city; if you were to step into any one of these board meetings, you would find that everyone has some sort of goal in mind set. Once the goals are set, then we can work to how we want to attain it, and if the government is mutually and fiscally strong, then that shouldn't be a problem, right?
Finals week is metaphorically smashing my head in with a rock. I hope this final post is substantial. It's more boring than my others probably...Don't worry I'll have a video (or two) at the end I want to show you!
I miss Stokehold.
On to this cool little handout Dr. Morris gave us. The contents of this handout revealed how to be a millionaire without winning the lottery. See that second paragraph up there? The one where it says "I like money you see?" I like the theory behind this handout by relation. It starts off with the advice to not put money in to a new car after college. Assuming a student were to pay 25,000 dollars (a little steep for a college grad if you ask me, but I'll go with it for this example), you could potentially invest that 25,000 and build it into 2 million...That sounds nice for someone with not 2 million to put to his name. Then make a budget. This ties into begin with the end in mind. What do you want? I want to invest responsibly so I can continue to live a comfortable lifestyle. That's definitely something worth working for. Taking advantage of 401K and IRA are responsible budget managing tasks. Then have a cash reserve for emergencies; again, begin with the end in mind.
The big thing to understand is that we don't have to get everything ready now; we can manage it throughout our lives. I'm not expecting to be living the same lifestyle I have been blessed with under my parents' care. But I'm confident that I can work to get that for myself
Alright now that I'm done watch my new commercials for the hot new men's cologne, Chartreuse Gi'deuche!
Bye bye.