Just thinking about all the workers out there. Working your jobs. Day after day.
The early morning alarm clock starts your routine. Time to get ready. Then out the door. The commute to work. You work all day. Then the commute back home. Time to eat dinner. Maybe a few hours left to do something for you rather than your employer. Maybe you’re too burnt out to do anything. Maybe, maybe not. Bedtime. Repeat.
The rat race.
The reward? Green paper or invisible digits.
The system of work/reward works, until it doesn’t. That paper and those invisible digits continue to devalue day after day (currency inflation). Yet worker bees put their trust in it. For many worker bees the reward does not keep up with inflation, much of which is hidden.
Real inflation can happen very quickly, although not really noticed until it starts up the “hockey stick” of the compounding interest curve.
You see, EVERY fiat currency has ended at zero. Just look at Venezuela… they’re just about there. It wasn’t long ago when they were a very wealthy nation. Socialism (real socialism) however ended that. But I digress…
What are you working for?
Yes, I know… to pay the bills. We all have bills.
That said, what are you working for?
To watch the invisible digits in your bank account go numerically higher? Maybe to invest in other invisible digits in hopes of a return on investment (which are more invisible digits)?
Sure, that makes sense to an extent. After all it is the system that we’re in. But what happens when those digits gradually (or suddenly) don’t buy as much ‘stuff’ as they used to? Or what if the system of invisible digits crashes in some way?
People work day after day after day. Then a two day weekend to recharge those batteries so you can get back to work. Once or twice a year you’re rewarded with one or two weeks all to yourself. Then it’s back to work.
Side note: Did you know that most people work nearly 4 months of the year just to pay taxes? (Tax Freedom Day)
Okay, where am I going with this?
I am reflecting on the differences between working for digits versus working for tangible hard assets that are your own.
Yes, to acquire tangible hard assets requires that an intermediary paper currency (or corresponding invisible digits) be used to perform the exchange of one’s labor for the asset itself. Government wants their cut.
I personally feel better converting my work to tangible hard assets that I own outright rather than focusing solely on building higher and higher digits in some invisible account somewhere on a server out there on a invisible network owned by a bank or financial shell.
Yes, it’s smart to plan and have a reserve of digits. Even for retirement if possible (assuming the systems hold together long enough). I have my own thresholds for comfort in this regard (as we all do).
However it sure is comforting when you can exchange pieces of green paper for things that directly contribute towards your own homestead. Your own future.
I’m talking about practical tangibles that will contribute in some way to your well being, your self sufficiency and reliance, your own sustainability, your own independence, your own safety nets, your own security.
If current mainstream financial systems devalue, or partially crash, or fully crash, I sure will be glad that I had purchased “X” and “Y” before it happened.
Those X’s and Y’s may be somewhat different for you, I , and others. However the point I’m making is that it’s a good idea to consider what those tangibles might be. To consider what you actually own and what other hard assets might be of practical benefit to your present and future self. To ask yourself, “What am I working for (towards)?”
Food for thought.