Many young couples are told to wait to have children until they graduate from college and get good jobs and careers. Of course, this is the employment model of income, and assumes that children are liabilities which keep us from our work and earning money. In the tribal model of income, children […]
Nobody is perfect. Not inventors, not statesmen, not writers or publishers. Not philosophers, not theologians, not thinkers or doers of any sort. Life does not require perfection. If it did, we’d all be in trouble. Great writers don’t write things perfectly the first time (unless they’re Mozart). They are […]
This article ties off the loose ends of the last two articles about taxes. In A Penny Saved… I looked at the tax implications of acquisitional consumerism versus apparent poverty, and noted that the more money we use, the more it costs us to use it. There are costs associated with acquiring the […]
Benjamin Franklin is credited with the saying, “A penny saved is a penny earned.” While this was certainly true in Ben’s day, it is a gross understatement today. Let’s do some calculations. Examples will be based on economic conditions in the United States. The numbers can be adjusted for the country you […]
Our shows went well this week. My own family business is called “Threads n’ Things” and can be seen here: www.threadsnthings.org. It is a tailoring and tuxedo rental business. Both of these are somewhat declining industries, and both of them had relatively low barriers to entry. We chose these two businesses […]
Introduction
Why do many large families in the United States require public assistance handouts as they barely survive in abject poverty? It is because they bought into the Standard American Income Model.
The median income for a family of four is around $40,000 per year. Not bad, until you realize that this assumes both mom […]
