What you think does matter

You wiil be Surprised! You would be surprise how some people make money. I thought that that is was strange when first I read about it but apparently it is true – honest. It seems that in my desire to teach my kids about how money and the world works – in my attempt to teach them that success ( financially speaking ) can be achieved in many different ways, I run into more and more – simply put: weird stories. Imagine if you will: your child tells you that they can do something or that they are average. So you try to teach them with real world experiences of how people can be successful in life and it can be done by being different. That life is not a cookie cutter mold but that everyone is an individual and yes even the craziest ideas can make you rich. Now I say "Rich" because after all – who doesn’t want to be rich. Oh stop lying ( I can already hear some of you saying “I don’t want to be rich” ). Even people who say they don’t want to be rich want to be rich. How do

Best Summer Job Ever, Spends Six Months Traveling World Testing Water Slides! Ok, I thought after learning that a 24 year old guy makes $400K a year playing video games - that I had heard it all, but this, this takes the cake. This guy is going to be paid a large sum of money yearly to ride waterslides. Yes you heard me correctly. He will be paid to travel the world, all expenses paid for, staying in extravagant hotels as you what - wake up, head out to the park and ride waterslides............ Who is this wonderfully lucky guy? His name is Seb Smith. Smith is a student from the U.K. and he has just landed the best summer job ever, as he gets to travel the world and test water slides for $34,000 a year. Seb Smith, 22, competed against 2,000 other applicants to get a job with holiday company First Choice. Now he is going to spend his summers traveling the world, for free, on top of getting paid for his 'hard' work. The company has locations in many exotic locations, in

The white house can tell me how much money I am allowed to save? According to advance reports, the administration's budget due out on Wednesday will propose a cap limiting the amount of annual return a retirement account can create to $205,000. If that proposal were enacted today, that would mean retirement accounts would be limited to $3 million in assets. The White House estimates that caps on the tax-preferred accounts would generate $9 billion over 10 years.   "Under current rules, some wealthy individuals are able to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving," the White House told Politico last week. Say what? Let me get this straight - not that I currently have grand dreams of being able to save $3 million dollars, but who the hell gave the government, the white house or the President the right to decide how much an American tax paying legal citizen is allo

Do you want to invent or have a great idea for an invention and need help getting it done? That's the challenged I am faced with when I talked to young people about their future - it's always: I don't have the money, I don't have the knowhow or the skills - You need to know the right people to be able to even get started. Well - what if I told you that you can have all that, what excuse will you give me then? The possibilities are endless and our youth, the children of this generation have it all - it still takes a bit of effort and some luck, but they have so much potential and so many more opportunities compared to the previous generation. In the past, becoming an "inventor" had been a very hard endeavor to succeed in. The complexities relating to financing, engineering, distribution, and all the legalities have stood in the way of brilliant people bringing their great ideas to life and to market. But as they say "the times are a changing",

Three very gifted and talented children who have created some interesting inventions! I always get a kick out of reading some of these stories because it’s proof that children are far more capable than what we think. With the right motivation and help – the future is an open road of possibilities. K-K Gregory has also sought to make life a little more pleasant. At the ripe age of ten, she invented Wristies¨ to keep freezing snow out of her coat sleeves. K-K's Wristies can be worn under mittens or gloves. Fingers are free and cuffs stay dry. Her samples were such a hit with her Girl Scout Troop that she brought her design to a patent attorney. The result? Nine years in business and going strong. 　 Kelly Reinhart was another kid in need of practical solutions. She designed Thigh Packs at age six. The Thigh Pack is a holster for carrying kid's necessities, like portable video games. By age nine, she was chairperson of TPak International, a company with nearly $1 million i

Here is a story about a girl with cerebral palsy not only created one invention but two and has been very successful with her inventions despite her difficulties with her health. “Growing up with cerebral palsy made me a stronger person and very determined to succeed. Inventing has given me confidence and a way to help myself as well as others.” - Krysta Morlan Krysta Morlan's Krysta’s experience with her own cerebral palsy pushed her to invent the portable Cast Cooler in tenth grade. Several surgeries had left Krysta trapped in hot, uncomfortable casts. Krysta's solution: the Cast Cooler, a battery-powered machine that funnels cool air into a cast via a plastic tube. And, she has already developed a second invention, although Krysta has yet to even graduate high school. Prompted by months of tedious physical therapy in a swimming pool, Krysta created the Waterbike. It is semi-submerged, fin-powered, and has a rudder for steering. This idea definitely didn't sink

A 13 year old Child makes millions in 3 years, now that is the way to go. We have to teach our children that life is hard, challenges are difficult to overcome but the possibilities are endless. Richie Stachowski Richie was both a corporate founder and a president by age 13. His product, Water Talkies,™ reaps about a half-million annually. At age eleven, Richie was snorkeling on a Hawaiian vacation. Frustrated that he couldn't communicate with his dad about undersea discoveries, he came home and designed an underwater megaphone. He used the internet for research, his home pool as a test lab, and $267 of his savings for startup capital. Richie's company, Short Stack, LLC, negotiated with major retail chains to carry his product. Water Talkies™ were a hit in the summer of 1997 and have kept people communicating underwater ever since. Who says vacations can't lead to great ideas. Richie had plans to sell his company from the beginning so it came as no surprise when he agr