Countdown to kickoff

The college football season kicks off in just a few days and it’s an exciting time to live in a university town.  The weather in the Midwest and the energy in Iowa City are tough to beat during the early fall.  We’ll save the frustration and heartbreak that tends to follow for a future post.  Hopefully not in the near future.

Last week we discussed the very real choice available to high-school students to skip college and determine their own educational path.  This week we’re going to embrace the fact that there are some people who need to attend college and they are known as football players.  That’s right.  These student athletes are the biggest/fastest/strongest of their cohort and college football puts on one heck of a show.  The reality is that there are only about ten teams who have a shot at winning the national title but, at the beginning of the season, everything feels possible.  So the sky’s the limit, Hawk fans.  12-0 once more?

Speaking of the handful of teams that have a pre-season shot at the title, a native of Alabama came to visit our family business the other day.  We talked for a while about what his company did and we eventually got around to the important details of his football fandom.  Born and raised an Alabama Crimson Tide fan, he has seen his share of winning and he’s understandably comfortable with his team.  Must be nice.  Where is that jealousy font hiding?

My new friend from Alabama and clients who practice the Perpetual Wealth Code (PWC) have the same quiet confidence about them.  With the PWC it’s not arrogance or a sense of superiority, just a feeling that they know what they are doing.  The beauty of all of this is that football fans can feel this way for a season or two, but those of us who have a handle on our finances will feel this way for life.  And now that the Cubs have won the World Series, the Hawks can at least win the Big Ten, right?

Best of luck to you and your teams in the coming season.  It doesn’t matter if you are wearing black and gold, red and white, or some unfortunate combination.  Just click here to reach out with any questions about how the Perpetual Wealth Code works and how you can get started by using what you have available to you now.

Back to School!

“I have never let my schooling interfere with my education.”  – attributed to Mark Twain

We’ve reached that time of year again and school is back in session.  In the spirit of Mr. Twain’s timeless quote, let’s focus on post high-school opportunities for a moment. The parents and professors in our little university town may disagree with this post, but I would argue this is the perfect time to look seriously at forgoing college.  While continued education is a must, we need to remember the point of all of the education (both in school and in life) we receive.  To learn how to best serve our fellow man.  Of course you can go to school to study medicine, engineering, coding, and so forth, but those are specific skills.  The ultimate goal is to get to the point where you can sell those skills in the marketplace to those who value your service.

With that in mind, there is a growing need in all of our communities for quality tradesmen.  Plumbers, HVAC technicians, electricians, carpenters, and so forth.  Just as I’m not saying everyone should become a doctor or engineer, clearly not everyone needs to run out learn a trade.  These are just a few examples of the careers available to a person fresh out of high-school.  All that is required is a willingness to learn and the ability to work hard.

When thinking about alternatives to a four-year college degree, please understand this is open to everyone.  The easy way to write this option off is to think it only applies to people who “can’t make it” in the university classroom.  Nothing could be further from the truth.  More than anything, this is a matter of choice.  What do you value?  What can you do to meet a need in your community and beyond?  Who are your mentors and how can you best follow in their footsteps?  Where do you see yourself in five years (and beyond)?  And what are you willing to give up in order to get there?

This last question is key because there is a cost to everything, whether we are talking four-year college tuition or time spent working as an apprentice.  You can research the cost of tuition at your preferred university, but the average debt load for a 2016 grad was $37,172(i).  That translates into monthly payments of $407 over the next 10 years, so hopefully the average grad was able to parlay that schooling into some very marketable skills.  Compare that to gaining four years of on the job experience in a trade, learning to meet a client’s (and bosses) needs, and building a professional network.  Don’t forget you’ll be getting paid.

Whatever your age, education and level of schooling, the Perpetual Wealth Code is something that can be applied to your life.  All you need is a desire to control your capital and recapture some of the taxes and fees lost to traditional investments.  If you have that, I look forward to talking with you further.


P.S. – for friends within driving distance of Des Moines, IA, click here for details on an event being held on September 28 discussing bringing significance back to the Iowa trades.

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Be the Thermostat

As we enter the dog days of summer here in the heartland I have been thinking how common it is to complain about the weather and how easily everyone falls into this routine.  I’m sure there have been studies done on this, but my unscientific opinion is that it’s easy to relate to something we are all going through together.  Dig a little deeper and you also see this is a topic we have no control over, which makes it even easier to complain about.  The thermometer outside can hit triple digits (on a regular basis for friends in Henderson, NV), and there is very little to be done about it.

On the other end of the spectrum is the explosion in sales of the latest and greatest Wi-Fi thermostats that “learn” your comfort level and adapt to your needs.  In my 10-year-old’s world, these things may also put an unwanted guest into a deep freeze, but that’s a post for a different day.

Aside from a funny sci-fi fantasy, what are these companies selling?  How can these thermostats cost so much and sell so quickly?  What is the need they are fulfilling?  Back to my unscientific study, we are talking about control.

The challenge is to “become the thermostat” in your financial life.  Your entire life, really, but this is a financial blog and once you get this area under control, the rest falls into place.   Due to the recent stock market rise, it may seem like an okay idea to just be a thermometer and watch what happens.  As someone who lived through two crashes of the market, I can assure you that it can quickly go from 72 and sunny to 20 and frigid.

The control you are looking for is found when you save at least 10% of your income, and place it somewhere guaranteed, available, and manageable.  We teach the Perpetual Wealth Code™ to ensure as many people as possible have control over their financial lives, and have someone to lean on during the journey.

Contact me when you are ready to talk further about the control available to you in your financial life.  I’ll also give you my two cents on the new thermostats if you are interested.  Looking forward to talking with you!