2015 – Time To Change

Want More In 2015 Than 2014?

Better not rely on a J-O-B!

by Clay T. Enos

 

Wow!  Take a look at what has been happening with the trend in “Real” wages for the average American over the past 15-20 years as depicted in the chart below.  Real wage increases refer to the &nbspseasonally inflation adjusted wages as calculated by the Bureau of Labor Statistics (BLS).  According to the BLS, real wages increased by 1.1% for the 12 month period ending Nov 2014.
 
However, don’t get too excited by this whopping increase in your annual wages (OK, if you don’t know me, I am being sarcastic here!).  If you read the footnotes of the BLS tables, about a quarter of that 1.1% increase resulted from employees working a longer work week.

Think about it.  How many of us who are fortunate enough to be able to save a little each month in a 401k would be happy if it averaged only a 1% return over 15-20 years?

In the documentary film, “Rise Of The Entrepreneur”, Robert Kiyosaki says in an interview “The age of the Industrial Revolution is dead!”  These BLS numbers are yet another indication of the truth of that statement.  The old saying “Get a good education, then find a good job with a good paycheck and great benefits” just doesn’t apply to today’s job market.

The new mantra is: Work Hard, Live Right, and Maybe you’ll break even next year!
Really?  This is what the American Dream is all about?
Call  1-800-413-6358  and listen to the 2-minute recording (24/7).

There is a better way!

 

RealWages

About clayandali
Trained as a research chemist, but have been involved with Entrepreneurship for over 30 years. I have been involved in photography for 41 years. Ali is a graduate of the Ohio Institute of Photography in Dayton, OH. She loves both portrait and landscape work.

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