GT1000+-+Money+_+Time+-+Wealth

GT1000+-+Money+_+Time+-+Wealth - Money Time => Wealth...

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Money & Time => Wealth Creation, Management, Preservation
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Welcome to this session, I hope you will find it challenges your thinking! • The topic I will present today may seem a bit way off in the future for most of you, so let me begin with a few questions. head2right How many of you know what your job will be when you graduate? head2right Who will be your employer? head2right How much will you earn annually?
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• These are not easy questions for you to answer at this time, and it is probably not important that they be answerable today. • I was sitting where you are about 45 years ago, and could not have answered a single one of these questions. • Let me ask you another set of questions head2right How many of you expect to be married one day? head2right How many of you will have children? head2right How many of you will one day own a home? head2right How many of you will one day reach the end of your career? • So you see, life is predictable even though specifics are not known! head2right How many of you would like to be wealthy one day?
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• Do you know that by being here studying for a college education you are already impacting your potential level of wealth? head2right Do you know that people with a college education earn on average $1,000,000 more than those without a degree. • No matter what your first job or who your employer, you will likely be one day where I am today. head2right 40 years of career behind you, head2right Grown children, even grandchildren, head2right Living on a combination of pension, SS, and personal savings, And will need a certain amount of wealth to last you the rest of your life. • Now you may say, “So what, I have years before I really need to think about where my life is going and things like personal wealth.” head2right But, do you really?
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• As noted earlier, personal wealth accumulation begins with the investment you are making in your college education today. head2right Remember, people with a college education earn on average $1,000,000 more than those without a degree. head2right So you are really already involved with how your financial life will be. • Let’s explore this concept of personal wealth. head2right Do you know that most wealth is obtained over time? head2right Exceptions are those inheriting a fortune or winning a lottery!
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