Give tax payers $600 to waste on a with the economic stimulus package and make it hard for college hopefuls to attend school.

What are people going to do with $600? I’ll never turn down $600 but it really won’t make a difference in most of our lives. Most people that get this will go off and buy toys – electronics was a big hit the last time there was a tax rebate. Sure the financially educated will use it for good and invest it or pay off student debt and that’s great for the few that will take advantage of this small windfall. And the economy will probably get a small temporary boost; however it won’t be long lasting. My opinion is that it is $168 Billion wasted.

Looking at this as a business man and patriot I would rather invest in my Country. Take part of that $168 billion and let’s give young people looking to receive a college education. It’s tough for many college students today. The AVERAGE college graduate has between 20k to 30k in college debt and student credit card debt on graduation day.

They are behind the student debt 8-ball before they even have a chance to start their career. Then many are hit with other expenses after graduation: new business attire, moving costs, time off work, and other expenses many have when they leave college.

Blaming the credit crunch, the state of Michigan is suspending a college student loan programs. Student will now have a much harder time trying to borrow money to pay for college. For many this will lead to greater college debt and student credit card debt.

We need to look at America like a business. As a business owner would you invest all your money to give your employees $600 to enjoy a day off of work? Or would you invest in their financial education so they can be a more productive member of your business. I want productive members in this country so let’s invest in the people instead of wasting money.

Check out this week’s video to discover why credit cards are an important financial tool. When you know how to use them properly you’ll build your credit score and end up saving thousands each year.

http://video.google.com/videoplay?docid=7650114073409982357

Looking to save money, time, retire young and secure your financial future. To do so it all starts with a savings plan. It’s the backbone to taking control of your finances and ensuring you have enough money to enjoy now and retirement.

At first it doesn’t matter how much money you save, although 15%+ is ideal. And for those in debt or experiencing student credit card debt you can use this savings strategy to help dig yourself out.

The key to your finances and one of the top financial education lessons is saving money on a consistent basis. To develop a consistent savings habit that works automatically contact your bank and have them automate your savings plan. Ask them to transfer an amount of money that you choose to your savings account each month. Its best to have them do this the same day you deposit your paycheck - direct deposit makes this a breeze. That way you are paying yourself first and you know what you have left over for bills and fun.

According to STANDUP FOR KIDS there are 1.3 million homeless kids on the streets in the United States. Imagine for a minute being a kid or teenager and not having a place to call home, or sleeping in a car or a shelter.

Often these young and homeless people loose hope. They stop dreaming about retiring young, having young money or being a young entrepreneur. Often they learn bad financial habits and are prone to fall into student credit card debt. They are learning by the situations they are in and not through a professional practical financial education course. They mentally have failed financially before they even have a chance.

Helping these young adults get off the street and into a stable home can help them re-kindle the dream. They once again can have the hope to retire young or become that young entrepreneur.

You can make a difference whether you give your time or money to help these young people get a second chance on life. Consider how little it can take to give someone the opportunity to get off the streets. Let those causes and people you are passionate about helping out be the fuel to take control of your finances. Vince

I’m sure most of you reading this have had experiences in your life where lack of money, student credit card debt or having to work made you miss out on something. If so please comment and share your story!

Here is mine - I remember back in the day missing out on a Santa Barbara party / road trip because I had to work that day; I needed the money. All my friends got together this summer and were talking about the wild time they had that weekend and they were messing with me - 12 years - later because I missed out on that experience.

Even more heartbreaking, I spoke with a 78 year old woman in Missouri - her life dream was to visit the town in Sweden where her parents were from and she cannot afford to go. She missed being able to retire young and probably will never be able to retire. Unfortunately, from the latest reports this is what most peoples future will be.

People are living pay check to pay check, runaway personal debt, retirement shortage, and most importantly people are missing out on the fun experiences life has to offer because they don’t have young money. Young money allows you to enjoy al that life has to offer.

IT DOESN’T HAVE TO BE THIS WAY!

Don’t let those other people fool you, this money stuff isn’t that hard. Financial education is the key. They want you to believe it is; but in realty there are just simple basic lessons that separate the people that are able to fully enjoy life from those that are in a constant struggle. I understand because I personally I experienced both sides of the coin.

If you’re like most, you never were taught financial education or how to be a young entrepreneur in school. Instead you memorized the periodic table of the elements and were able to figure out how fast ‘train A’ was traveling away from ‘train B’. If you’re like me, you never needed to know how many atoms are in the element ‘lutetium’; however ‘money’ affects us everyday. Will a young entrepreneur ever use this information?

You owe it to yourself to get a practical financial education that will truly make a difference in your life. Start that business you always dreamed of and be that young entrepreneur. I promise – financial education is easier than any class you have ever taken plus it’s something you will use everyday of your life.

All the best!! Vince Shorb

“The explosive growth of technology and the rapid expansion of a global economy have developed side by side for the past 15 years. This has drastically changed the financial markets, career setting and the way we conduct business. With all this change you would think the public schools would change their curriculum. That is not the case.

The subjects taught in our public schools today our are nearly the same ones we taught 50 years ago. The public high school education system is not delivering the financial education skills necessary to make it in the ‘real world’.

Studies show that students between the ages of 15 to 21 feel unprepared to face the complex world of today’s society. Most of the education efforts are being focused on encouraging high school students to enroll in college, yet only a third of the 16 million high school attendees today will end up with a bachelor’s degree. And when they do receive their degree the average graduate will leave with over $20,000 in student debt and student credit card debt. The young money skills that will help them avoid all this debt all because they did not receive a practical financial education.

The current high school education system is not set up to produces highly skilled workers for the jobs of the 21st century – it is not set up to produce young entrepreneurs. Many of the jobs that high school graduates are qualified for are being sent overseas. Employers feel the pinch as well. They have a hard time finding college graduates that are qualified for event the most basic job.

In today’s society high school and college graduates need to have something special to offer. There are people in developing countries that are receiving training on many of the entry level jobs that will work for a fraction of the cost that an American worker would need to pay their bills. Because of the curriculum there is little home for people to retire young and in some cases there is little hope of them retiring with young money.

We need to start teaching financial education now to help today’s youth avoid financial struggles. What’s more, we need to go back to our roots and teach people what made this country great – free-thinking, ingenuity, and entrepreneurship.

Vince Shorb
http://www.YoungSuccessNetwork.com

Part five is the last of this interview series. We get down to the bottom line of financial education and how simple adjustments will have you on the road to financial freedom.

Vince : How easy is it then? You’ve mentioned money principles that many people don’t know about and most people never use. What kind of life can our viewers expect to have if they put this financial education to work for themselves?

Teacher X: I’ve mentioned them before, but let’s put them together. Vince, give me a hand.

Vince : One of the first steps is developing a realistic understanding of money.

Teacher X: I agree. Money can be a force for good in your life and the lives of the
people you care about. You want money to serve you. And you never want to become a slave to money.

Vince : Which means creating a healthy balance between spending and saving money. Being smart about money doesn’t mean you can’t buy things that make you happy. You just need to do it the right way. Spending money wisely is as important as saving and investing.

Teacher X: Definitely. But this isn’t grandma telling you to save your pennies and use coupons. It’s more like deal-making on steroids. It’s about getting what you want when you want it, but without breaking the bank and putting yourself into debt. Want a hot car? Forget about walking into the dealership and paying sticker price. Only chumps do that.

Vince : I might not have put it so bluntly, but I agree. By spending wisely, you can enjoy more of the lifestyle you desire. Also, this helps you free up more money for…

Teacher X: Investing. Stocks, bonds, mutual funds, real estate, businesses. Boring stuff, right? I’ll tell you something right now: If you think investing is boring or a waste of time, you will never have financial freedom. Pure and simple.

Vince : Putting money to work for you through investing is the best way to achieve financial freedom. A lot of people don’t know that Arnold Schwarzenegger was already a millionaire by his mid-twenties from investing in real estate and businesses. And that was before he became a movie star. His investments were his “backup plan,” so he could pursue his dream—which obviously was an acting career.

Teacher X: Great example. By investing, you’re earning money without working for it. That’s one of the keys to freeing up your time, so you have the freedom to do what you really want to do, like travel, pursue your passions, enjoy your family, help others—anything that adds meaning to your life.

Vince : One last note about investing: Most people think it’s hard to invest, so they don’t even try. But it’s so easy today with all the automated ways to invest. You can be set up in about 30 minutes. Then each month you can just check your statements to see how much your investments have returned.

Teacher X: Yes, keeping it simple is the key to getting it done. Simplicity equals consistency and consistency is important to becoming financially free. But I think we’re getting a little ahead of ourselves. Before you start making money and investing, before you even get out of school, you need to master one critical money principle. It can make all the difference between financial success and failure.

Vince : You’re talking about credit and debt, right?

Teacher X: Yes. If you take only one thing from these videos, make it this: Use
credit wisely and keep debt under control. Credit can be a powerful financial force for making money and enhancing your life. But if you abuse it and fall into debt, you’ll watch your dreams go up in smoke.

Vince : I couldn’t agree more strongly. Never, never finance your lifestyle with credit cards. You might feel good for a little while when you buy cool toys for yourself, but when the pain of debt hits you—and it will—that pain will last years, if not the rest of your life.

Teacher X: And one of the best ways to avoid borrowing money and falling into debt is knowing how to make money. That way you’ll have the money to buy what you want without borrowing.

Vince : You mean by getting a good job or by starting a business?

Teacher X: Either. Learning how to land a good paying job on your terms is one way many successful people get started once they’re out of school. And like everything else in life, you can do what most people do, or you could do it the SMART way.

Vince : And the same applies to people who start their own businesses.

Teacher X: Exactly. Starting your own business—even while you’re still in school—is a great way to bring in the money you want and set your own schedule. Plus, it’s easier than ever today to start you own business. And there’s no limit on how much money you can earn. For people in the know, it can be a fast shortcut to financial freedom.

Vince : Everything we’ve talked about is important to achieving financial freedom, but there’s still something missing

Teacher X: Yes and probably the most important part, too. It’s why some people do everything we’ve talked about, yet never achieve financial freedom or the lifestyle they desire

Vince : It’s what made the difference for both me and you. Until I mastered it, I kept running into a wall.

Teacher X: Same for me. When I first starting investing in real estate seven years ago, I made the same mistakes most people do.

Vince : No goals, no plan, no clue.

Teacher X: You bet. I didn’t know what I wanted and no idea where I was going. I wasn’t happy with teaching and I wanted something more for myself. So I starting throwing a bunch of stuff against the wall, hoping something would stick.

Vince : And what happened?

Teacher X: About what you’d expect—a whole lot of nothing. Then I decided to get serious.

Vince : You set concrete goals and drew a roadmap for yourself, right?

Teacher X: It sounds simple now, but it wasn’t. I did it on my own, but my biggest regret was not finding someone to point me in the right direction from the beginning. A mentor would have shaved years off the time it took me to get where I am today—enjoying a life I chose and created for myself.

Vince : It really is easier when you have someone to follow, someone who’s been there and done all the hard work for you, then laid it out for you in step-by-step detail.

Teacher X: I can’t begin tell you how valuable that kind of help is.

Vince: Hey Teacher X, sorry to cut you off but we’re out of time. I have to thank you for educating our listeners on the importance of financial education. Until next time: defend the weak, help the less fortunate and stand up against injustice….this is Vince Shorb wishing you all much success.

We all have a limit to the amount of money we have available to spend. The ability to teach your kids about money is one of the most important money management skills you can give them.

Children that don’t receive this practical financial education can get in financial trouble. Financial trouble spills over into other areas of their life. Money problems are the top cause for diverse, top cause of health problems and a top cause of emotional stress. It is your parental responsibility to teach your kids about money. Teaching your children proper money management skills should high on the check list on how you raise your children.

It is important you lead by example. Now if you like most American’s you are experiencing financial hardship. It may not be apparent to you now however most people will not have enough to retire, are indebt and are living paycheck to paycheck. If that describes you, that’s OK. We all have to start somewhere and that is where I personally started. Teach your children about money by working on your finances together. Create family financial goals and share your positive and negative money decisions with your children. Teaching kids about money can bring your family closer.

It is vitally important if you do not have professional money management training to teach your kids about money by someone that has this training. You send them to school for subjects that they will never use again in their life so get a course on money that will benefit them for life. Teaching kids about money is easier than ever with ‘Financially Free by 30’ multi-media home study course. This is the first and only course on the market that gives them practical financial advice that they will need everyday of their lives. So if your not comfortable teaching your kids about money; find a resource.

For the other people that do have some money management training, make sure to take time out and teach your children about money. Treat this like a home school class that you are giving to your children. Give them assignments and homework. You owe it to them to prepare them for the financial real world plus it will save you the frustration of your children coming back and always asking to have money.

The average college graduate will move back home after they graduate and they have over $20,000 in debt - so teach your kids about money so they can avoid this problem. Also on a selfish side - Do you want be forced to live with your 30 year old child. Don’t laugh because over 22% of 30 year olds live at home.

Teach your kids about money! You and they will benefit for a lifetime!

In Spirit, Vince Shorb

I was asked last night – what do you teach? This question had just come after I had just read several financial education books in the past week…these things were boring and dry. So I thought about the question for another second and I came to realize I entertain and education and I teach Financial ‘Success’ Education.

One of the first lessons that motivates people to learn about money is for them to clearly define what ‘success’ means to them. The rest of the course is will then give them the tools to reach their personal ‘success’ goal. Other financial education courses miss this critical element.

The ‘Financially Free by 30’ course takes a holistic approach to ‘money’ and is broken down into three distinct phases: ‘Get Your Mind Right’, ‘The Foundation of Wealth’ and ‘Three Keys to Wealth’. The end result for people that follow the course is a ‘Life of Wealth. This refers to ‘Wealth’ in all areas – mentally, emotionally, spiritually, financially and socially.
I am committed to producing high quality content. Because of this I took painstaking measure to make sure this course is not only the most complete financial education course on the market but deigned in a way to promote effective leaning. This is the first and only multi-media financial education course designed to give students a ‘real world’ financial ‘success’ education.

Since every student learns differently he made sure each learning style was addresses. Combining audio, video, activities, interactive tools, manual and online progress tests there are learning methods available for each learning style – visual, auditory and kinesthetic learning. What’s more I have incorporated neuro-linguistic programming in this material to motivate and excite young adults to learn about money.

Over a year was spent in direct contact with young adults of all background to make sure I understood what the main motivators were for them to learn about money. Today’s youth don’t want a ‘financial education’. Yet they do want to learn about money when it relates to freedom, recognition, friends, love, passion for a cause, status, acceptance from peers, care for their family, travel and to have memorable life experiences to name a few. Although it is ‘financial education’ when positioned properly these little nuisances greatly increase the effectiveness of a course.

People in high School, College and adults under 30 years old want to learn about money!

In Spirit, Vince Shorb