The Future Is Here

The future of the dollar bill is changing whether we like it or not. The unknown can be exciting, scary, and mysterious all at once to the casual observer. The dollar or some might say the “Benjamin” is something Americans can’t get enough of, the more we get the more we want. Money is like an addictive drug and there is nothing wrong with that. Don’t take this the wrong way, money is a source of motivation, a reason why most Americans stay in their miserable job, or deal with their terrible boss.

Just like any other things in this world money has a beginning and an end. At first
It all started with trade of goods and from there it evolves to silver, gold, and as you all aleady now paper currency. If you are not living under a rock or in the stone age I’m sure we all have seen the decline of paper. Cash is no longer king, according to more and more consumers.

According to CNBC “In an average week, roughly 3 in 10 adults said they make zero purchases using cash”. Those who do carry paper money around have less than $50 in their wallets.
As we witness the decline of the paper dollar bill we will also witness the rise of
digital currency. One form of digital currency is the cryptocurrent. “Cryptocurrency is very much here to stay,” said futurist and author Thomas Frey, when he was speaking to the Federal Reserve in September on the topic.

He predicts that “cryptocurrencies are going to displace roughly 25% of national currencies by 2030. According to Frey they’re just much more efficient, the way they run.”
While they might make day to day life easier to manage financially. It also brings a lot of worries and concern with hackers all over the world it’s only a mater of when if you get attack. A lot of financial institutions don’t like this not only it will take them out of the game eventually but it cost them a lot. To keep with the trend.

Most Americans can easily go without a bank account now days because there are a lot of other ways to manage their money alot better than a bank. The major benefits Americans receive by banking is the ability to do mobile banking particularly anywhere in the world as long as you can get access to WiFi. While this is convenient and easy because it saves us time from leaving the house to travel to the bank.

The real question who is really benefiting from this convince of online banking? The real beneficiary is the institutions. By going mobile they are able to cut cost such as cutting staff by closing local branches once there is less brick and mortar it affects everything. From my point of view if they are transitioning why they still charge all the fees and fines? Why can’t the customers benefits from it also?

The answers to that question is pure and simple people and its called capitalism. Capitalism is an economic system. In it the government plays a secondary role. So the next question who really benefits of Capitalism? Typically wealthy people who have a large amount of capital (money or other financial assets) invested in business, and who benefit from the system of capitalism by making increased profits and thereby adding to their wealth.

Most Americans don’t want to talk about it but when you really think about it isn’t that the american dream? Most americans are now embracing socialism while forgetting what makes us strong, powerful and mighty it’s the dollar the idea of anyone can make it. The less you rely on government the better off you are.

Money and Us

What defines us as a person? Most of us will have different answer to that question because we all come from different background of ducation level, surrounding, and way of life.

2020 has been one hell of year. 2020 is the year people find out what they are made of and what they can over come. 2020 has been a year of self discovery, trying new things and finding new hobbies. As the world continues its battle to contain the  spread of the coronavirus pandemic, we have find it very hard to remember a time before COVID-19 and social distancing wasn’t top of mind.

The lives of many people around the globe has come to a complete screeching halt earlier this year, with the virus forcing most to stay at home, order necessities online and avoid physical interaction to help further prevent its spread.
We are all searching for a little bit of sunshine or a rainbow at the end of this. Right now happiness, joy, laughter and the peace of mind is all we are searching for these days.

There are time of sorrow and moment of darkness that we have no power over. But to get through those situations we need something to aim for. It could be a hobby an academic achievement or something else. We ofen find ourselves searching for this things all in the wrong places.

According to the Web in Google search Happiness is a state, not a trait; in other words, it isn’t a long-lasting, permanent feature or personality trait, but a more fleeting, changeable state. Therefore, it is safe to say money doesn’t buy happiness, while we often spend our lifetime chasing it, even taking chances sometimes that involves high risk even death.

For it we spend more time with coworkers than our love ones. We trade 40 hours a week if not more, in return to tax taken off, social security and medicaid all while getting little back. In action the importance we give money have a lot of similarities with blood. It enable leisure, pleasure and it’s a way of life.

The real thing is money don’t buy happiness but it facilitate it. I’ve never seen someone crying on a speed boat or heading to Dubai in a private jet, while they might not be happy which one will you rather be, the one above or the one punching the clock?
Like the song says “we are not happy where we are. There is greener grass in the neighbors yard a bigger house and a faster car.” Human nature we were made for this and will spend our lifetime chansing it one way or another. Weather it’s through hard work or hardly working, we gotta make a living and regardless of our income we always want the best, specially what we can’t afford.

The Hardship

How to navigate through difficult financial situation?
A popular current text in the King James Version shows 1 Timothy 6:10 to be: For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

Money might be the root of all evil but it sure makes the world go round. For us every day people working 9 to 5 to make ends meet, money is the reason everything, every night you set up your alarm just to make it to work on time.

You do that so your can check your account bi-weekly on Fridays to make sure every cents is accounted for. People with money will have you feeling like money is not everything, when in fact they don’t understand how to go without. Hypocrite they are.

Most people are looking for a good paying job with stability. They are even opening small businesses. Average people are looking all over just to bring extra income. They are looking for ways to make a living while still having time for their families. We are all have expenses, while most of us go above our means but someway somehow we are making it.

The paycheck to paycheck lifestyle have nothing to do with how much you are making. It’s all about how you are spending you paycheck.

We all love nice things and we want to show everyone that we are doing well by buying expenses items we can barely afford. If you are bringing home about $3000 a month, which most average Americans does, for most of us 85 percent of that goes towards mortgage/rent and utilities. With 85 percent of your paycheck gone toward bills that doesn’t leave you much wiggle room for anything else untill that next paycheck. Thats that paycheck to paycheck lifestyle.

I’m sure we can come up with multiple different ways to change your lifestyle of living paycheck to paycheck. One way to get you out of this uncomfortable situation is to start by decreasing your expenses.

Start by eliminating anything that is not essential to your well-being or your families well-being. You might find yourselves stating that everything is essential. Just imagine how much you can save if you make your own lunches or even skipping a few Starbucks stops will make a big impact on your savings.

Baby steps. Do whatever you can, not all at once but gradually to decrease the amount that goes towards your entertainment and your personal lifestyle, you can do all that while making changes to your finances and saving money without even knowing it.

You work really hard to make Whatever you are making take good care of it and don’t let anyone else enjoy it more than you. Remember my motto

“is not to spend your working hours money in minutes”.

Be careful of conn artist. Be aware of people telling you to send money. The only places you should spend money to make money is SCHOOL.