Today the US has an estimated population of roughly 330 million.  

Total people on welfare is roughly 68 Million: That means that over 20% of the total US population is receiving Welfare.  

To put it into another perspective: 

The Working Age Population (Ages 15 – 64) for the United States is about 200 Million.  

That means that over 35% of working age people in the US are receiving Welfare.

Current labor force in the US is just under 155 million: 

By way of comparison, almost half as many people in the US are on welfare compared to the total labor force. 

The USA spends roughly just under 2 Trillion dollars a year on welfare and only collected around 3.42 Trillion (2020 numbers).  

That means that 60% of the money collected every year in taxes is spent on Welfare.  

Either there are not enough jobs in the USA or the money we do make is just not enough to sustain the cost of living in the USA.  

Here is another possibility:

In 1950 the average salary was roughly $3,300

In 2020 the average salary was roughly $35,977

In 1950 the average home price was $7,354

In 2020 the average home price was $374,900

The average home price grew an estimated 5,000% from 1950 to 2020

But, the average salary grew only 900% from 1950 to 2020

That means that in 1950, we used only 14% of our income to buy our home

Today, we are using 53% of our income to buy the very same home in 1950

In 1950, the average family had an extra 75% of income to live on, buy a car, eat out and enjoy life.

Today, we only have roughly 47% of extra income to try to live the same lifestyle from 1950

Everything is more expensive, not because the scales of the economy grew, but because our income has not grown in the same path as everything else.  The average American is getting poorer and poorer by each passing year.  

It’s not that you are unwilling to work harder or longer: it’s that your buying power is shrinking and shrinking

Kind of like what the chocolate companies do: In order for them to keep the price of a chocolate bar the same, instead of increasing the price, you simply get less and less chocolate each year.  Skimming off the top and you don’t even notice it. 

Have you tried to compare a BigMac when it first came out till today, it is remarkably smaller, yet most of us have not even noticed it?

You can try to get a second job, but you still won’t catch up.

Let’s say you get a second job working an extra 20 hours a week.  Using our average hourly rate of 17.3 an hour.  Your second job will earn you just under $18,000 a year.  

Adding that to your average job, your total income is $53,977 a year

Average Salary $35,977 + $18,000 equals $53,977

If you try to buy an average home today working 60 hours a week: You will still fall short:  

Your total income used is now 35%, still far higher than comparing 1950: 

1950 One job used 14% to buy a home

2020: Two jobs use 35% to buy a home.

The dangers of relying on a second income to buy a home and lower your percentages.

It is stressful to have two jobs.

Millions of Americans work second jobs to make ends meet or pay debt and save money faster. 

… It’s mentally and physically exhausting and leads to stress at home and at work.

The US spends far too much money on welfare and the cost of living has increased and our salaries have decreased. 

The house of Cards will eventually come crumbling down on us all.  

The question is: Will you be ready when this happens?

What are you prepared to do to prepare for this?

If you lose your job and have to collect some form of welfare: either unemployment, food stamps.  

Will you be too proud to do this to feed your family? Probably not: The question is, will there be enough money to feed us all.

I do believe most people do want to be self-sufficient and most people do want to have a piece of the American dream:  Owning your own home and supporting your own family.  

Unfortunately most of us are spinning in a hamster wheel not really going forward, just going through the motions of life. 

What are you willing to do today to avoid the pain that is coming?

It’s easy to just get a second job, but at what cost, your health or spending time with your family.

It’s time to think differently, it’s time to Create your Micro Business to earn passive income

A micro business is a type of small business that operates on a very small scale. When speaking in terms of online micro business for the purpose of creating passive income, That scale is typically measured between $500 to $5,000 a month

The question is: Do you want to spend the next 30 years working a second job, physically tired, mentally exhausted and not spending time with your family. 

Or do you want to spend the next few months creating your passive income that can be on autopilot. 

The choice is yours.