Getting it Right - Welcome

The goal of this blog is to publish my thoughts on a variety of economic and political topics in the hopes that people who find them educational or beneficial will utilize them and/or forward to others who might find them interesting and/or worthwhile to promote to others, possibly including politicians who can push some of these ideas to fruition. The topics in my blog are meant to be of value on a long term basis, not a daily diary or political issue of the day log. If the information posted is useful to you, by all means utilize it and/or forward it as you see fit. If not useful, then merely ignore it. There are no universally agreed upon truisms and too little tolerance between some of those with opposing viewpoints to successfully convince the people with hardened opinions to move away from them. I am an analytical type person who will try to be as factual as I am able.

I disdain the current popularity of name calling and condemnation of viewpoints with no factual alternatives or logical solutions given that I see so often. If you don't have a solution based on fact and logic, then opt out of the discussion because you have nothing to contribute. My background is a degree in Economics from the University of Michigan and 39 years working in middle management jobs for a major retailer. My opinions are forged on the personal experence of life, family, friends, and work as well as triumphs and mistakes that I have made and hopefully learned from. My hope is that this blog helps you.

My first topic will be about personal finance. I chose that one first because most of us work long and hard just to survive but not all of us realize our dreams of becoming financially independent from the labors of our work. Much of our political votes/thinking also focus on the economy and in particular how well we are personally doing financially.

It is relatively simple, without sacrificing the enjoyment of living for 'today' and even at moderate incomes, to retire as a millionaire or multi-millionaire, if you focus on that goal consistently from a young age. It is also simple to ensure that your child or grandchild retires rich. It merely requires a one time gift of just $2,000 invested wisely and the passage of time. Please read my first post on this blog to learn more.


Getting it right on Politics, Economics, and Personal Finance

An index/schedule of past and future posts and their dates will always be updated so that it becomes the first post that you see below. If the date of a post that you wish to read is preceded by the word "Posted", then find it below or click on the title in the Blog archive to review.

Blog Archive

Tuesday, July 21, 2020

Poverty – How to Avoid It


If you honestly want to avoid poverty, there are three simple, easy to follow guidelines:

1. Education - make a strong effort at school and strive to not only graduate high school, but go on to college or technical school to gain the skills that employers are looking for and pay more for those skills. America spends more per public school student per year than any other nation (about $10,000 each per year). In large cities where many of the poor live, we spend double that. Now show your appreciation and your good fortune for having such a fine education system, behave in school and put the effort in to learn. Parents - You must be involved with your children's education. Monitor their behavior in school, make sure they study and do their homework on a daily basis, and set high standards for achieving good grades. Teachers alone cannot control your children's behavior toward learning. It is a dual responsibility.

 2. Marriage - never have children out of wedlock. 50% of single parent households are poor to only 10% of married households with children. Two parents working together for family and income can obviously make more money than one parent.

 3. Crime - Don't commit crimes. You can't make money in jail, and when out of jail, few want to hire you due to your criminal background.

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