| You work hard at your job doing a wonderful task -- | | | | Do you know anyone who would like to be able to |
| educating the future of our country and world. | | | | retire in one to three years from now without having |
| Wouldn't it be wonderful if teachers were | | | | to save thousands of dollars every month? |
| compensated like star athletes? After all, what is more | | | | Let?s talk about retirement for a moment. How much |
| important? Teaching children or playing basketball in | | | | would it take in savings to provide a monthly check of |
| front of 20,000 people. There certainly might be more | | | | $5,000 per month. $5,000 per month is a gross salary |
| entertainment value in the basketball game but the real | | | | of $60,000 per year. |
| importance lies in the classroom. | | | | If a savings account were to pay 5% interest (and |
| Do you know any teachers who would like to be | | | | few are near that today), one would have to have |
| independently financially secure? What if a teacher | | | | $1,200,000 in cash in the savings account to take out |
| could teach because he or she loved teaching, not in | | | | that much money, just taking the interest earned. That |
| order to get a paycheck? Think about the freedom it | | | | money would have to be accumulated in savings after |
| would give to be able to know that all of your monthly | | | | you had paid your house note, your car note, utilities, |
| bills were paid for every month, whether you received | | | | insurance, and all of your other monthly expenses. |
| your teaching paycheck or not. Imagine not having to | | | | That necessity is a rather daunting requirement while |
| worry about whether the School Board approved | | | | still trying to enjoy life. |
| another pay raise or not. | | | | Worse, salary income only comes from trading hours |
| Unfortunately, our financial educations are not as | | | | for dollars. If one cannot work, the income stops. You |
| developed as they might be. Most of us go get a job | | | | are at risk every day when you drive a car or do any |
| to work for many, many years and save money so | | | | of the many life activities that we do every day. While |
| that we will be able to live on that money after we | | | | there is insurance for disability, it does not provide the |
| stop working. Very few of us though start saving a | | | | same level of security that a second stream of |
| hundred dollars a month while still in high school and | | | | income would provide. |
| increase it slightly as time went on so that by 45, there | | | | The potential is there to create a second income |
| was enough saved to actually live on without having to | | | | stream, particularly with the talent that teachers have ? |
| work for a paycheck. | | | | how to teach. The key to that income is learning a |
| Do you know anyone who wants to own their own | | | | system and then being able to teach others how to |
| life? | | | | follow the system and teach others to do the same. |