About pbilodeau01

Born in Berlin, N.H.; bachelor of arts, major in journalism, Northeastern University; master's degree in urban studies, Southern Connecticut State University; was an editor and reporter at New Haven Register, an editor at The Atlanta Journal-Constitution and a reporter at The Meriden Record-Journal. Now a freelance writer and editor.

GENDER ROLES CHANGING IN WORKPLACE

#workplaces #GenderRoles #WomensJobs #MensJobs
More men are expected to be attracted to “women’s jobs” in the coming years.
However, the reverse is not proving to be a trend.
That’s according to research by Jed Kolko, economist at the job-search site Indeed. His study was quoted in an article by Ana Swanson in the Washington Post. It was also published in the April 23, 2017, edition of The Atlanta Journal-Constitution.
Kolko concludes that less-educated men may especially face challenges in the job market of the future, the article says.
“In recent decades, fields that are dominated by men and by women have not fared equally. Many men have fallen out of work as increased mechanization has allowed the U.S. to produce more agricultural and manufacturing goods than ever, with fewer people than before,” the article says.
“Jobs that are dominated by women are projected to grow nearly twice as fast as jobs that are dominated by men,” the article quotes the Kolko study, based on figures from the Bureau of Labor Statistics.
“Fast-growing ‘male’ jobs that require lots of education don’t really help men without a college degree who have been in traditionally ‘male’ jobs,” the article quotes Kolko.
We all have an idea what a “male” job – construction, manufacturing, mining, farming etc. –or a “female job” – nursing, administrative assistant, etc. –is. The article says that computer programming was once dominated by women, but is now heavily male.
It’s been reported many times that men fared worse in the Great Recession than women. The good jobs done largely by men went away more quickly than those done mostly by women.
Kolko points out that some “female” jobs, such as telephone operaters and textile workers, also have been automated out, according to the article.
The broader trend is away from manufacturing and more toward services, which could draw men into jobs traditionally dominated by women, the article says.
So let’s step back and examine this. Good jobs in general are disappearing quickly. Lots of folks, if they are lucky to find new jobs, generally are getting paid less than their previous jobs paid them. Many are not using the skills they were trained for. Those skills, largely, are being replaced by machines. There’s nothing a person can do to stop that!
But what a person CAN do is think about other ways to make money. There are many such vehicles out there for those willing to step out of what’s comfortable, and look at something different. To learn about one of the best such vehicles, message me.
The economy, the recession, downsizing – however you wish to think about it – is not something that will, or can, go away. So, if such circumstances hit you, don’t beat yourself up. Sure, those circumstances will hurt, but by further beating yourself, the pain will be worse.
Americans can be very resilient. Sometimes, tough circumstances require bold action. Sometimes, one has to think differently to better himself.
If you view yourself as a hard-working person, and most do, don’t expect someone to give you something. You may have to look for other opportunities, perhaps completely unrelated to what you’ve done before.
So whether you’ve been doing a “male” job, or a “female” job, and it has gone away, remember that someone you know, or may not yet know, may introduce you to something you may have never heard of. Listen. Don’t dismiss it out of hand. You could be hearing about the light at the end of your tunnel.
Peter

LEADERSHIP AND OZ: BRAIN, HEART, COURAGE

#TheWizardofOz #leadership #workplaces
Even if you’ve read the book or seen the movie, “The Wizard of Oz,” you may not realize that it offers great lessons in leadership.
Workplace expert BJ Gallagher brings some of those lessons to light in her book, “The Leadership Secrets of Oz: Strategies From Great and Powerful to Flying Monkeys – Unleash Some Magic in Your Management.”
Using actual lines from the book and/or movie, Gallagher addresses how one can build brains, heed your heart and cultivate courage.
To jog one’s memory, Dorothy and her three sidekicks were looking to Oz to provide each with the one thing they thought they lacked. The point is that they didn’t lack that characteristic at all. The wizard helped give them the perspective they needed to see that they indeed had what they needed all along.
Sometimes, when we think we don’t have something, or believe we can never find that one thing that we believe will put us over the top, often it is our perspective that is lacking, as Andy Andrews often writes and speaks about.
Have you ever heard someone say, “if I just had a …, I could do …?”
Perhaps what they don’t have is money. They may have a job, but perhaps live paycheck to paycheck. Perhaps they are overwhelmed with debt.
Perhaps they really want something – a nice car, for example – but believe it takes the money they don’t have to get it.
There are many ways to get money while still working that job that doesn’t pay enough, in a person’s mind.
First: spend less and save more. It’s old advice, but still applicable today. If you are young, you can get your nice car, if that’s your dream, but perhaps not right away. If you skip, say, one trip to the coffee shop every day, and saved the money you would otherwise spend there, eventually you’ll have the money put away for that car. Better yet, buy a container that will keep your coffee hot for a long time, make your own coffee, skip the coffee shop altogether and save what you would have spent there. You’ll be driving those dream wheels even sooner.
By the way, while saving for the car, put a few bucks into an account for your retirement. You never know when the day will come that your job will go away. The more and the longer you can save, as well as invest wisely with good trusted advice, the bigger your smile will be when your job eventually goes away.
Second: take a second job or, better yet, use a few non-working hours to help generate an income that could be even better than that from a second job. Maybe it could even outpace your main income source. There are many such vehicles out to help you do that. To check out one of the best, message me.
One can dictate his own future by the right perspective on each circumstance. The Oz characters came to realize that what they lacked was not lacking at all. They simply lacked the perspective that could help them better see what they had.
We all make choices. We all have circumstances. Sometimes, seeing opportunity amid catastrophe requires merely a new perspective. Sometimes, looking at other ways to do things that may be different from what you are used to can turn catastrophe into a dream come true.
Peter

JOB MARKET GETTING CRAZY

#JobMarket #employment #SmallBusiness
After years of recovering from the 2008 recession, the job market is starting to look good, even for those who’ve had a hard time finding work in the last decade.
The number of part-time workers who would prefer full-timework dropped by 281,000 in April 2017. Those numbers dropped from 9.2 million at the peak of the job crisis, to 5.3 million in April, according to an article in USA Today by Paul Davidson. It was published May 11, 2017, in The Atlanta Journal-Constitution.
On the opposite side of the coin, many baby boomers who are small-business owners are at or approaching retirement. That may produce a “silver tsunami” of job losses among those who work for those retiring business owners, according to an article by Gene Marks in The Washington Post. That article was also published May 10, 2017, in TheAtlanta Journal-Constitution.
According to Project Equity, many small business owners do not have a succession plan. Therefore, many of those businesses will quietly close forever, the Marks article quotes Project Equity co-founder Alison Lingane.
Let’s examine these two trends together.
Many big employers are finding it hard to find workers. Small businesses may quietly close when their owners retire, putting lots of folks out of work.
“There simply aren’t enough” available workers, the Davidson article quotes Joe Brusuelas, chief economist for consulting firm RSM U.S. “The dynamic has shifted. Labor is going to have power for the first time in years,” the quote continues.
“Since today most family-owned businesses don’t have somebody in the next generation who wants to take over, employee ownership is one of the best ways to keep thriving businesses locally rooted into the next generation,” the Marks article quotes Mark Quinn, district director of the U.S. Small Business Administration.
So, are you finding that your employment prospects are looking better? Do you work for small business with an owner who’ll retire soon, with no plan to keep the business going?
Do you like what you do? If so, enjoy the better job prospects, or become an owner of the company for whom you work. That’s easier said than done, obviously.
If you don’t like what you do, and really need a change, there are many vehicles out there to earn a potentially great income and help others do the same. To check out one of the best such vehicles, message me.
We’re all hearing and reading good news about the economy, but some folks still are not seeing the improvements in their own lives. There are still a good number of folks who, if they are still working, are working a job that paid less than the one they lost. Others just never found work at all after losing a good job, and have quietly left the job market.
In those cases, complaining, blaming various people or entities for one’s plight is not productive. One must take action – perhaps a different action from the one(s) he has taken thus far – to find a better way to live.
Indeed, there is much to be excited and optimistic about out there. Likely, those things may not just land in your lap. Or, if they do, they may do so in the form of a person – someone you already know, or will meet for the first time – who has something to show you.
Don’t be afraid. Check it out. If that person is honest, he’ll take no for an answer. (If he doesn’t, walk away). Saying no before looking could bring you much regret.
Peter

HOPE, INSPIRATION FROM SOME GREAT WOMEN

#GreatWomen #inspiration #hope
“You may never fail on the scale that I did, but some failure in life is inevitable.”
So said J.K. Rowling, who was once on the verge of poverty, but who went on to write the Harry Potter series of books.
Peggy Anderson has compiled great messages from great women in a book titled, “Great Quotes from Great Women: From Marie Curie to Michelle Obama – inspiring words from women who have shaped our world.”
“The greatest discovery of all time is that a person can change his future by merely changing his attitude,” the book quotes mega TV star Oprah Winfrey.
“If I had to embrace a definition of success, it would be that success is making the best choices we can … and accepting them,” the book quotes Sheryl Sandberg, chief operating officer of Facebook, and author of the bestselling book, “Lean In: Women, Work and the Will to Lead.”
These disparate quotes have one thing in common: success involves choices.
That’s a hard concept for some to grasp. Many think they are governed by circumstances. They see very few real choices to make their lives better.
Rowling and Winfrey were each poor at one time. They made the choice to break away from that to do something great.
Sandberg, too, had to fight hard battles to succeed as a woman in a largely men’s world of technology.
The point they make is that circumstances happen, but they don’t have to define or defeat you.
Many folks have had a rough time of it over the last decade or so. Some may have had good jobs that disappeared. If they were lucky, during that time they found other work which more than likely doesn’t pay as well as the job they lost.
With a job loss often comes a loss of lifestyle and, to some, a loss of identity.
Yet, as one looks around, there is so much good to be thankful for.
Once way to get your head right is to focus on what’s good in your life – family, friends etc. Be thankful for what’s good, and the bad in your life will be much easier to overcome.
Also, there may be much good out there that you don’t yet know about. Be on the lookout for that person either in your life or who will come into your life that may show you a way you can better your circumstances. There are many such ways to better one’s financial circumstance and, at the same time, help one grow as a person.
If you are someone looking for something good to come into your life, and are willing to check out something you may know nothing about, message me.
Rowling, Winfrey and Sandberg all found something good to come into their lives. Some might say they were lucky. Most who find great success acknowledge their good fortune, but also believe they put themselves in position for good fortune to come to them. They looked for it, made themselves ready for when it would come and embraced it when it did.
Certainly, they had some talent. But there are ways out there to succeed without any special talent, education or expertise – just a willingness to learn and desire to make one’s life better.
So if you’re tired of your current situation, take on the attitude that if it is to be, it’s up to me. Then, just go for it.
Peter

MILLENNIALS: MORE SAVERS AND SPENDERS THAN INVESTORS

#millennials #investors #savers #spenders
Millennials don’t see themselves as investors.
According to the 2016 Fidelity Investments Millennial Money Study, 46 percent of the millennials surveyed considered themselves as savers, 44 percent considered themselves spenders and only 9 percent considered themselves investors.
This study was quoted in an Adam Shell article for USA Today, which was published April 27, 2017, in The Atlanta Journal-Constitution.
Despite Wall Street’s attempts to woo the nation’s largest generation into the stock market, millennials have yet to embrace investing, Shell’s article says. Only one in three say they invest in stocks, the article quotes a Bankrate.com survey.
A Black Rock study says nearly half of the millennials surveys found the market “too risky,” the article says.
And, four in 10 say they don’t have enough spare income to put away for the future, the article quotes a financial literacy survey from Stash, a financial app.
Let’s break down the facts. If you are a saver, and are putting money away, where are you stashing it? In a bank? Under your mattress?
In this market, the rates of return on that money between those alternatives are not far apart.
Secondly, there is wild and crazy – “risky” – investing, and there is careful investing. Each requires consultation with someone you trust , but here’s a good rule of thumb: as you start investing, look for more conservative vehicles, i.e. relatively safe mutual funds. As your wealth grows, you can diversify and take a few, well-thought-out risks. If you really do well, and want to play, take a very small amount of money and invest aggressively.
Here’s another rule: it’s difficult to have a nice nest egg for retirement just keeping your money in a bank. There are very few, if any, traditional, regulated banking products that are paying decent returns. Banks are wonderful institutions for your checking account, and perhaps a small savings account to cover unexpected expenses.
But to really be a saver for retirement, you have to take SOME risk. And, make no mistake, EVERYONE has to save for retirement. As stock-market-loving baby boomers can attest, you never know when your job is going to go away.
For those of you in the category of not having enough spare money to save for the future, there are ways to solve that problem. First and foremost, you have to make saving for the future a priority in your life. Even if you see yourself as a spender rather than a saver, you have make SOME saving a priority, or the fun you are having today will turn into poverty when you retire, or when that good job goes away.
A suggestion might be to look at the many ways out there to use your spare time to earn a secondary income. To check out one of the best such vehicles, message me.
In short, saving is not just prudent, but necessary. The more you save when you are young, the more you will have, and the better your life will be, when you are older. If you are a millennial, talk to your parents about what to do. However their lives have turned out, there are lessons in their lives that will apply to you. Don’t underestimate their story, or their advice.
As you save, some risk will become necessary. Though the stock market looks scary, over time it has proved to provide the best returns. Find a trustworthy, knowledgeable adviser to help you get started, and who will continue to work with you. Don’t be afraid to ask lots of questions about fees, returns etc., so that you will have a clear picture of how to proceed.
Finally, watch what you spend. Don’t deprive yourself, necessarily, but look for things you can eliminate to allow you to save more money. Remember that a dollar in your pocket generally is better for you than a dollar you put into someone else’s pocket.
Your future could well depend on decisions you make in your youth. You don’t have to depend on things “going right,” if you make good choices now.
Peter

WHEN JOBS ARE SCARCE, PEOPLE LOOK TO DISABILITY PAYMENTS

#disability #DisabilityPayments #SocialSecurityDisability
Between 1996 and 2015, the number of working-age adults receiving disability payments climbed from 7.7 million to 13 million.
The federal government this year will spend an estimated $192 billion on disability payments, more than the combined total for food stamps, welfare, housing subsidies and unemployment assistance.
The above statistics were quoted in a Washington Post article on the rise in people on disability in rural areas, because of a lack of jobs.
The article, written by Terrence McCoy, with photos by Bonnie Jo Mount, was published April 9, 2017, in The Atlanta Journal-Constitution.
The Post analyzed Social Security Administration statistics and told the stories of several working-age adults in rural America with various aches, pains etc., who are not working and have slim prospects of finding work where they live.
Are they disabled, or just desperate? the article asks.
It’s been said that almost anyone older than 40 can find some ailment that could qualify them for disability.
Desmond Spencer from Alabama, who wouldn’t turn 40 for a few months, according to when the Post article was written, struggled with the thought of being disabled.
As he fielded calls from debt collectors, he felt various parts of his body hurting, as he took family members to a pain clinic.
“There’s a stigma about (going on disability),” the article quotes Spencer. “Disabled. Disability. Drawing a check. But if you’re putting food on the table, does it matter?” the article quotes Spencer.
We can debate whether the government should be paying this much out in disability. We can also debate the qualifications to draw disability payments. We can also debate the amount of fraud that may be in the Social Security disability program.
But when one has no job at a relatively young age, and the job prospects are slim, it’s easy to see how otherwise hard-working people can become desperate, discouraged or defeated, as the article puts it.
But in all the misery, there is good news.
For those who prefer not to be on the dole, there are many ways out there to earn an income – perhaps even a better income than one earned while he was working. To hear about one of the best such vehicles, message me.
To sum it up, many jobs that have been lost are not coming back. Many people who have lost good jobs are forced to take jobs that pay less – even considerably less – than the job they lost.
In some rural areas of the country, jobs in general are scarce and many working-age adults must either move or be stuck without a job.
Some who have become unemployed must also take care of family members with health challenges.
The solution: think long and hard about how you want to live your life. If you are depressed, get treated for it. If not, try to look for ways to be as productive as you can. Disability payments are not the best solution, if you are able to do most things for yourself. By the way, some who could legitimately claim disability do not, and would rather not. They prefer independence.
Look for other ways to survive, even thrive. Do it for yourself, and your family. You’ll feel much better if you look for a different way.
Peter

TECHNOLOGY, MANNERS AND TRUTH

#technology #manners #truth
Has technology begotten rudeness?
Are you tempted to trip someone walking down the sidewalk who is only looking down at his or her phone?
We do know that social media has begotten various versions, or definitions, of truth.
George F. Will, columnist for the Washington Post, took on this subject in a column published April 9, 2017, in The Atlanta Journal-Constitution.
Will quotes from the book “Talk to the Hand: The Utter Bloody Rudeness of the World Today, or Six Good Reasons to Stay Home and Bolt the Door,” by Lynne Truss.
The author, whose book was published in 2005, says we are slouching into “an age of social autism,” Will quotes.
Truss foresaw an age of “hair-trigger sensitivity,” and “lazy moral relativism combined with aggressive social insolence,” Will writes.
Carolyn Stewart of the Hudson Institute, who revisited Truss’ book, says social media’s “self-affirming feedback loop,” encourages “expectations for a custom-made reality,” and indignation about anything “that deviates from our preferences,” Will quotes Stewart.
“We no longer hold these truths to be self-evident, we hold all truths to be self-evident, even the ones that aren’t true,” will quotes Tom Nichols, author of “The Death of Expertise: The Campaign Against Established Knowledge and Why It Matters.”
In other words, technology has made us into a rude society with a significant disregard for truth.
We probably are not all that way. Some of us may find technology just a tool to get things done more quickly. We prefer kindness, personal interaction and proven facts.
Some of us may take great pleasure in doing nice things for other people.
Others of us may resent technology as a culprit for putting us out of a good job. Some may even long to meet other nice people. Some may even be skeptical of what they read and hear.
Technology has certainly changed our world – not always for the good. But we become better people when we seek not just civility, but generosity. We become better people when we use technology as a tool, without letting it run our lives. We become better people when we seek out real truth, and base our opinions on it.
If you are one of those, and a machine has taken your job, there are many ways out there to not just earn an income, but to grow as a person. To learn about one of the best, message me.
In short, don’t assume something is true just because it fit whatever you think you believe. If you walk on a sidewalk, look up from your phone. If you are driving, don’t look at your phone at all.
Seek to be a kind, humble, generous person who respects bona fide science, reads and listens to respected and reputable information and is inspired to help others.
Sometimes, rudeness is best ignored.
Peter

WEDDINGS: THE JOYS AND EXPENSES

#weddings #WeddingCosts #LifeExpenses
The average U.S. wedding cost $35,329 in 2016.
So says The Knot’s Real Weddings Study, and quoted by NerdWallet columnist Brianna McGurran.
In a column published April 2, 2017, in The Atlanta Journal-Constitution, a 25-year-old questioner asked McGurran how she was going to plan a wedding, and pay off her student loans by age 30.
She advised her to sit with her fiance and get their financial house in order. Determine how much they can save per month toward the wedding, and don’t go into debt to cover those costs. Then, McGurran advises the couple to talk to their parents or other family members to see what they intend to contribute.
Couples themselves covered 42 percent of wedding costs in 2016, McGurran quotes The Knot’s study.
She also advised the future bride to budget for the must-haves, and don’t include what doesn’t matter to the couple, such as flowers. She also recommended saving money by having friends provide services and homemade wedding gifts in lieu of actual gifts.
A bride in California got the cost of her 150-person wedding down to $23,000 in 2013, McGurran writes.
Meanwhile, Danielle Braff writes in the Chicago Tribune that there are hidden wedding costs that a couple may not learn about until the wedding day. Those include tips, overtime (for a reception extended past the paid-for time), fancy liquor not covered in typical bar charges, postage (McGurran recommends getting RSVPs on line to save there), taxes (not mentioned in the costs) and dress alteration.
Braff’s article was published in the April 3, 2017, edition of The Atlanta Journal-Constitution.
So, we’ve learned that getting married can be expensive. There’s nothing wrong with wanting a nice wedding. After all, the gifts a couple can collect may offset some of the costs, providing they are gifts the couple wants.
But once a couple has decided on marriage, the two should discuss not just wedding costs, but life costs. They should give priority not necessarily to a wedding, but how they are going to live. That includes, yes, saving for retirement. No matter how young a couple is, the two should not assume that they will both have the jobs they have until they retire. Job security no longer exists.
They should be thinking about what they might do if they found themselves out of work in their middle age – well before they wanted to retire. What will they do? Will anyone hire them for decent pay?
Fortunately, there are many ways out there to earn an income that have nothing to do with a traditional W-2 job. To hear about one of the best, message me.
If a couple decides to pursue a non-job income before their wedding, perhaps they’ll have enough to cover the costs of a nice wedding AND make a dent in any educational or other debt. They may even get a head start on retirement savings.
Certainly, any couple needs to be economical in planning a wedding. They should have what they want, and eliminate what they don’t. A great time, and beautiful memories, can be had by all – without going overboard, or wasting money on things that aren’t necessary.
So, here’s a toast: To a happy and prosperous life, and an elegant but not over-frilled wedding.
Peter

BREAK THE RULES, WIN MONEY

#BreakTheRules #employers #GoodWorks
Sometimes, one makes progress by following a set of rules.
Sometimes, one really gets ahead by breaking the rules.
At the Media Lab at the Massachusetts Institute of Technology, if one breaks the rules or otherwise shakes up the status quo, he can win $250,000.
Tamara Best discussed this program in a New York Times article, which was published in the March 20, 2017, edition of The Atlanta Journal-Constitution.
“There are people doing really important things, breaking either the rules or sticking to their principles with knowledge that they will be hurt or punished in some way,” Best quotes Joi Ito, director of the MIT Media Lab.
“In a lot of large institutions, there’s really two ways you can make progress,” Best quotes Ethan Zuckerman, director of MIT’s Center for Civic Media. “You can make progress when people follow the rules and work their way through the processes, and then sometimes you can make very radical progress by someone who essentially says, ‘Look, these processes don’t work anymore, and I need to have a radical shift in what I’m doing,” Zuckerman’s quote continues.
If you work for someone else, you should follow your employer’s rules. Some employers don’t handle radical thinkers well.
But let’s talk about “rules” that your parents perhaps handed down to you. They may go something like: Get a job with good benefits and decent pay. Keep your head down at work. Do what you are told. Your job security is the best thing you have. (I would use the word “own,” but no one owns a job. One may take ownership of his work, but the job belongs to the employer).
We’ve come to learn that these rules are obsolete. You can do great work, show up every day, stay out of trouble and even put in lots of extra effort that may or may not be in your job description. That may not keep you in a job for as long as you want to be.
Your good works may not get you into heaven, and they may not guarantee you job security anymore.
What to do?
Think radical. Upset the apple cart. Do something – perhaps not at work or on the job – that others might not do for fear of breaking the “rules.”
Some might say that I can think radical as well as anyone, but it may not get me anywhere, except in trouble.
There is a way you can think, if not radical, at least outside the rule box.
You can look at one of many ways you can earn an income without a traditional job. You can work for yourself. You can help others along the way. All you have to do is be open enough to check it out. If you’d like to check out one of the best vehicles to accomplish this, message me.
In some settings, it’s OK to break the rules, especially if the rules don’t help you get what you want. Sometimes, the rules are enticing you to break them. That can be good – or bad – depending on the setting.
The best rule for breaking the rules is to do it in a setting where it is encouraged. That can be at a place like MIT’s Media Lab, or in your own home.
Some rules are meant to be broken. Others break themselves. So examine your situation and determine whether it’s time to break the rules – or not.
Peter

NOT ALL COLLEGE DEGREES CREATED EQUAL

#CollegeDegrees #college #education
Wages for college graduates across many majors have fallen since the 2007-2009 recession.
So says an unpublished analysis by the Georgetown University Center on Education and the Workforce in Washington, D.C. The study is based on U.S. Census Bureau data.
Young job seekers appear to be the biggest losers, according to an article by Austin Weinstein in Bloomberg News, which quotes the unpublished study. The article was published in the April 4, 2017, edition of The Atlanta Journal-Constitution.
The study, according to the article, shows:
• Chemical and computer engineering majors earned some of the best salaries, at least $60,000 a year for an entry-level position, since the recession.
• A biology major earned a starting salary of $31,000 on average in 2015, down $4,000 from five years earlier.
The outlook for experienced graduates, ages 35 to 54, was a little brighter, with wages generally stable since the recession.
On the brighter side, an experienced petroleum engineering major earned $179,000 on average in 2015, up $46,000 from five years earlier, the article quotes the study.
What about liberal arts majors? The article says that beyond those with special skills, philosophy and public policy majors have seen their earnings rise.
So what’s a recent college grad, or soon-to-be college grad to do? The article says, get a graduate degree. The wage gap between undergraduate- and graduate-degree holders has been growing, the article says.
As we’ve previously discussed, a potential college student should think long and hard not only what to major in when he or she gets to college, but also whether to go to college at all.
If one’s education will not be paid for by parents or other sources – in other words, if a student has to borrow the money to go to college – that should be a big factor in whether one chooses college, or not.
One could look at it this way: if one is not going to get rich anyway, one might as well be less broke without college debt.
Alas, one does not have to believe he will be broke. If the investment in college doesn’t yield a great job, or even if one doesn’t go to college at all, there are many other ways out there to make money without the benefit, or headaches, of a job. To check out one of the best, message me.
What do we conclude from this study? First, as the article points out, advances in technology, automation and other efficiencies have reduced the need for a lot of people. There’s nothing anyone can really do about that, in terms of his individual situation.
Second, college is certainly a great experience, and the friends one can make in college can be a lifetime treasure. One can certainly look at college as an investment in life experience, rather than an investment in earning potential.
Third, don’t feel pressure that you HAVE to go to college, if it is not practical. Of course, you don’t want to be a lifetime dependent, but you may have to think outside the box a bit if you want to be prosperous, with or without college.
So, look at college with a great deal of thought. If you go, go for the right reason. Study what you will study for the right reason. Get the most from your degree, whether it’s income or life experience.
Look at your degree with a great deal of consideration.
Peter