For all those who have graduated high school, college, or a trade school and are now stepping out into the world for the first time this blog is directed at you. The Mathmatecum is the best way to create passive income and generational wealth – two things financial advisors all agree should be a lifetime goal. The Mathmatecum is unfortunately not a vehicle that can accommodate vast dollars of investment from any one investor or series of investors. It is a construct for a limited number of individuals who by becoming members reap financial benefits that are dollar for dollar only attainable through membership.
How and where to invest is proscribed by the rules of the Mathmatecum. How to do that is common knowledge to members and nonmembers. Initially the only thing available was an individual membership. Now one can (as a member) create what is called a Mathmatecum Directive for the benefit of the member and his or her descendants. There is now also a Mathmatecum Protocol which provides for a fee the monitoring of monies invested in the same instruments proscribed in the Mathmatecum.
Now for you recent graduates here is what you must do with that first job paycheck! First off you must create a budget – one that can sustain you in a lifestyle you can afford. Once this is done you must develop a consistent way of saving. Most articles about finance talk about saving a percentage of one’s income. I recommend saving a fixed sum based on a person’s hourly wage. For example, minimum wage nationally is $7.25/hr. While here in Hawaii it is $12/hr. There should not be a week that those dollar amounts are not kept in some sort of separate savings account or financial instrument that generates income. Should it come to pass that a person can save more than one hour wage then the new goal should be 4 hours wage. The signee qui non of course is 8 hrs!
Developing the weekly discipline of saving will put you onto the path toward financial stability.
JAI BABA
TTFN
JU
