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Just Over Broke - A Better Option for Young Entrepreneurs

Written by: Gabriel Walton

Article Overview: It seems that too many of us as college graduates are not able to get the income that we need to survive. That is why we must become a new generation of young entrepreneurs.

Just Over Broke - A Better Option for Young Entrepreneurs

Have you ever gone to cash your paycheck and realized the scary thought that you were either going to pay off all of your bills or eat? I have. I know first hand how it feels. The feeling that "I'm broke" is disheartening at best. So I got to thinking about it and it occurred to me that the employment system must be broken. It seems that too many of us as college graduates are not able to get the income that we need to survive. That is why we must become a new generation of young entrepreneurs. Think of it this way. If you work at a job you typically make just over, just under or just even what your cost of living expenses are. These costs include rent/mortgage, car payments, credit cards, groceries, utilities and gasoline. The list goes on. All of these add up, as we all know, and usually leaves no room for emergency costs.

But why?

Just look at the system. If you cannot afford your desired lifestyle, usually you would go to college. I know personally that in the middle class most of us cannot afford to pay for school, yet make too much to get any financial aid except for loans. If you are anything like me, you know what I am talking about.

So what are the options? We can take out student loans and be in debt up to our eyeballs by the time we finish, or we do not go to college. I took the loans.

This is where the "system" comes back in. Let's start after you finish school. You graduate from college and have tens, to hundreds of thousands of dollars worth of school loans to pay back. Let's say that you start out in your field making 70,000 dollars a year, as this is typical of most four-year graduates. Seventy thousand dollars a year is great and all, but then we have to pay the school loans back. For the next twenty years, you are paying the loans off with half to two-thirds of your income and are forced to live excessively meager lives off the rest.

You are right back where you started.

One solution that I have found is in working from home. If you start a business and work from home, then you can usually see a greater return on you investment. I learned how to start, run and market a business. Within several weeks, I had learned more about business and marketing than had one of my friends as he graduated with a business degree. I had invested a few hundred dollars and I was on my way. I thought, "This is great!" I was able to learn a career skill set and use those skills to help others as well as myself succeed.

I still have my student loans to pay off, but maybe I can help you with some advice. If you have a little money saved up but cannot afford college; find the most effective educational marketing platform on the market and use it. This move could save you tens to hundreds of thousands of dollars and potentially get you just over broke.

Contact me for any further inquiries on starting your own business. I have been there and am always there to help. Take action! Visit my site and hear from one of my business coaches.

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Article Tags: car payments, college graduates, cost of living expenses, credit cards, emergency costs, employment system, eyeballs, gasoline, groceries, hundreds of thousands, middle class, new generation, next twenty years, paycheck, school loans, seventy thousand, student loans, thousand dollars, thousands of dollars, young entrepreneurs
Referred by: http://jaykubassek.com



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Re: Hi from Baku - Welcome to the site. I have been reading some of your posts. I'd like to get some of your feedback in the Young Entrepreneurs section. See you there.
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Re: Any ideas for potential partner sites? - Hi Beat, Interesting suggestion. But at the moment, we're looking more for "partner sites" which correspond to each forum category. For example: Is there a site we could partner with for the "Young Entrepreneurs" section? How about one for the "Franchising Section"? etc...


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