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Using Money in College For Success Part I
“MAKE FAKE TAKE CAKE BAKE METHOD”
“Many members of our young generation have no idea
What true wealth is or how to obtain it;
Well here are the rhyming words to take you there.”
Many members of our Millennial Generation want to be pretty well off financially. Then again who wouldn’t? Personally, I haven’t come across one person who stated that they love having no money.
So it’s only right that I brush on the subject of financial empowerment by introducing you to the Make Fake Take Cake Bake Method. This method is congruent with using money in college for success. Wealth, college, and success should go hand in hand, and this method proves to be beneficial to this concept. So what do these little rhyming words have to do with building wealth? Well…umm…everything. Following and repeating this method in its order creates and maintains mostly all self made millionaires. Let’s get right into it shall we?
Make: Money Money Money.
Obviously, the more money you make, the faster you will reach your goal. But is that the complete truth in respects to wealth? You may reach that financial goal, but is it guaranteed that you will maintain that goal? Have you ever thought about why the majority of lottery winners go bankrupt a few years down the road? For our generation to truly excel financially, it is ‘crucially necessary’ to understand that it’s not how much you make which determines your wealth. It’s what you do with how much you make. The secret key in using money in college for success is not to use it irresponsibly. But what’s the next step?
Fake: Live Within Your Means.
This is my ultimate favorite part of this method. For some strange reason, especially in the United States of America, wealth is perceived to be in reflection with physical attributes. This is the reason why many students aren’t using money in college for success. The media tries to make us believe that the car you drive, house you live in, clothes you wear, how many times a week you eat out at fancy restaurants, etc is viewed to symbolize wealth, and is what’s most impressive among our peers. Allow me to inform you of how far from the truth this truly is. The truth is this:
The act of making money, whether it is one dollar or one million dollars, and spending money irresponsibly, sometimes spending even more than you actually make, is detrimental to building your wealth. Physical attributes should be viewed as things which you enjoy and have the ability to live with comfortably. Nothing more and nothing less. College and success financially can’t be joined if you’re spending money on what you can’t afford. Don’t purchase toys which will drain your budget. Most importantly, don’t try to keep up with others (keeping up with the Jones’). Just because your friend has a Lamborghini for example, doesn’t mean you have to go $200,000 in debt to get one too. On a smaller scale, just because you have the money to go partying, and your friends go every week, doesn’t mean that you need to go every week. Any extra money you receive while in college doesn’t mean new rims for your car, or a flat screen TV. Net checks from your college for success don’t mean shopping spree time. Living within your means will be a much easier process, and your life will be most impressive, the second you learn to live only to impress yourself. A self impressive life is the happiest life.
Many humble self made millionaires, even those who may live down the street from you, or may even be in the same college classes as you ; ), you will many times not hear about.
If you are to practice this method heavily, especially now throughout your collegiate career, retirement ability is not far down the road. Our generation gets too caught up with what the media portrays wealth to be, that we feel as if our physical attributes define who we are. As your friend and family member (as I consider everyone in this world to be family), allow me to politely say, “Get that concept out of your head.Your mind holds more weight than your car. Your heart holds more space than your place of residence.”
Living within (under) your means also builds self confidence. It also carries with it a huge feeling of appreciation for everything in life, especially the smallest things.
So begin making money first, and try not to spend everything you earn. This will allow you to perform the next step. The objective is to follow this entire method enough to establish a status where you can live within your means by choice not necessity.
Try your best to think about and comprehend this next statement as it is crucial to using money in college for success:
“Those who live under their means by necessity not choice, live this way because when they had a choice to live under their means by choice, they made it a necessity to live under their means by necessity by making the choice of spending their earnings.” Check out Using Money in College For Success Part II immediately. I wish you the best of college student success, happiness, and prosperity.
About the Author
Stefan G-Prez Johnson is the President and CEO of Graduatirement, LLC, an evolutionary business of success for the entire Millennial Generation, which shows students all around the world how to graduate college and retire professionally… simultaneously! His mission is to help everyone, especially Millennials, reach their ultimate individual success, happiness, and prosperity in college, life, and business by providing tons of knowledge and profitable opportunities, and ultimately revolutionize the entire Educational System so that happiness and success are more commonly achieved, passions are pursued, and poverty is conquered. Join the successful movement at The Graduatirement Website Here. We love and appreciate you!
