Watch enough late night television and you too can learn how to buy someone’s tax lien, “invest” in real estate with absolutely no money, buy someone’s notes receivable, or make a fortune in foreclosures. Neither ethics nor integrity is ever mentioned when it comes to making a fast fortune.
Granted, each of those activities have their place, but we’ve turned what used to be less than desirable ventures and some flat-out questionable practices into glamorous businesses that “Can Make YOU the Next Millionaire!” What in the world is going on? Whatever happened to working hard and saving money by living beneath your means? Whatever happened to the cornerstone’s of our economy?
I have to admit, I’ve fallen for it too. Back about 20 years ago I fell into the get-rich-quick through multi-level marketing trap. I fell hard, too. I “invested” money I didn’t have into a multi-level marketing venture that put me deep into credit card debt. “After all,” I reasoned, “I’ll make extra money and be rich in less than a year and can pay it all off.” Umm, no. Not only that, but it severely distracted me from finishing college, a move I’ve regretted ever since. No one bailed me out of MY bad decisions. I could just taste my success, but it turned bitter in the end.
Nowadays, we have big time CEO’s of banks, and automakers, and who knows who else, begging for tax dollars because of their own stupid mistakes. They over extended themselves, depended on credit, and They failed to make wise decisions, smart decisions, or even common sense decisions and instead chose the quick and easy decision and now they want a bailout. It seems that a huge chunk of our economic system is predicated on pulling the wool over someone’s eyes. Does anyone other than me realize that the IRS only takes in about $225 billion per month? With a $700 billion bailout, we will spend about 3 months worth of the Federal government’s gross collections! Can we keep this up? Bailout spending is out of control!
What we need in this country is an integrity bailout. We need a great big bucket of ethics and integrity poured out all over us. It’s high time we return to the values our grandparents and great grandparents taught us. Things like:
1. Hard work – making the choice to build or add value to something or someone rather than try to benefit from another person’s poor decisions. If we return to our roots of innovation and creativity, we can build real, lasting wealth.
2. Ethics – doing what’s right even when it doesn’t benefit us instead of claiming that certain actions are “standard operating procedure.” What would our country look like if we returned to integrity, honesty, and and genuine care for the next generation?
3. Patience – there is really VERY LITTLE you or I “need” right NOW. Learning to wait creates character. I can remember my grandmother teaching me to “just wait.”
4. Learn to do without – depriving yourself of every “want” that pops in your head is a smart move. Wants have their place: they can motivate and inspire, but to constantly satisfy them reduces their meaning.
5. Buy value rather than appearance – too many items have a thin veneer of quality but underneath are just cheap cardboard. We’re satisfied with fake furniture, plastic chrome, disposable this, replaceable that, so long as it’s cheap. I wonder if we would recognize quality if it stood in front of us and help up a sign.
6. Quality of time at work, quantity of time at home – by giving your employer your best, but giving your family the bulk of your time, you’ll be able to satisfy the employer’s needs for production, but your family’s need to spend time with YOU.
7. Self Sufficiency – we used to make things happen for ourselves. Today, it’s accepted practice to allow someone else to do all the heavy lifting. I can still remember my grandparents working in a garden, canning their vegetables and making sure there would be food available in the winter. What a concept.
I think if we were to look back, we’d realize that grandpa really did know best. Hard work, integrity, family. Those are the values we should all support and emulate.
[tags]bailout, handout, money, finance, finances, financial, waste, beg, integrity, ethics[/tags]