I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone.
The main cause of poverty or financial struggle is fear and ignorance, not the economy or the government or the rich.
The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.
You can prosper, no matter what the economy is doing.
The economy is in tatters; your job is in trouble - if you still have a job. And you know what? I've been saying it for years.
If you want to thrive in today's economy, you must challenge the status quo and get the financial education necessary to succeed.
So where in the old economy, content was king, in the new economy, context is king.
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