WHEN IT ALL COMES CRASHING DOWN

Brown Cardboard Box on Floor

“When the machine breaks.”


WHEN IT’S GONE

We all dread the idea that we could lose our jobs. And considering most people live for their checks, you can understand the fear of those who do. Now, if you’re one of those blessed people who just happen to earn a little money to get you over, then count your lucky stars. But for most people, they need their job to survive. We never think to ourselves that we could lose our jobs. We go there everyday, with this idea that it could never be me. That is until your name is called. And the scary part about it, is that we have no way of stopping it. But how do you prepare for a situation that may never happen to you?

SAVE SAVE SAVE

You get your check and pay your bills, then you go out to eat or shopping. And you don’t realize throughout the year how much money you spend on miscellaneous items. And we don’t put much in savings. That is until the job is gone and now we are scrambling for ways to live. The average American only has enough money in their savings account to hold them over for a few weeks in case they lose their jobs. After that, most people are forced to sleep in the street. But is having a savings something you can truly dig in to when you need it? Are you really secure when you feel you’re secure? What if you’re unemployed for 6 months to a year? That is a stretch to be able to save for in the case you lose your job. And to build capital for the ability to live that long is not as easy as it seems.

A LITTLE SOMETHING ON THE SIDE

If you can find a way to make an additional $200, $300, or even $400 per week, it really helps. Now, how you’re going to do that is the hard part. But in our everyday lives, waste a lot of time doing nothing. With that nothing we can figure out how to make money doing something we enjoy. No amount of money is too small. It seems small in the paradigm of building it, but if something bad happens, you’ll be surprised what it can do for your life. Just keep in mind when you go to work, nothing, absolutely nothing is guaranteed. Never get too comfortable in this ever changing environment.


Personal Website: http://www.faheemjackson.squarespace.com
Instagram Me: @theefaheemjackson; @faheemjacksonphotography
Twitter Me: @2320howe

THE DAY IT ALL STOPS: ARE YOU PLANNING FOR RETIREMENT

 

Person Holding Rod

“The show will end some day.”


hang it up

Your job will eventually end in life. And what I mean by that is retirement. There will come a day you can no longer do the things you once did in life. You will stop and everything you have ever come to know stops. Now, that does not mean you can’t continue to learn. It just means that the life that has sustained you for decades will stop. You might have worked construction for years, and now that you’re close to retirement, what will you do now? So people occupy their time taking up a hobby, while others take on a less strenuous job. Then you have the chosen few who do nothing but watch television all day in the rocking chairs.

401k

How long have you been working and paying into the system thus far? Are you ready to retire or do you still have to work? Because a lot of people work their entire lives and realize toward the end, they can’t stop working. You have been busting your tail for decades, now you may have to work an additional 5 – 10 years. Some people find themselves in positions where they can never retire. Imagine that, working until the day you die. That is no way for any human being to live. I remember growing up seeing elderly people, standing on the bus stop, forced to work well into their 80’s when they should have been retired at 65 years of age.

til the end

No one wants to think of their end, but we will all die some die. And the reality is, is that most will live until their elderly years. Hopefully when you reach that point you can reflect on all the great things you have done in your life. The great career you had, and all the accomplishments that came with it. And this is when you can hopefully come to grips with the fact that you will be gone, but the great things you did will continue on.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe