life style choices

Get A Job Buy a House...Nope


106766fe8e448ab6914e858403efef7a2f8e355c17be1d6b3978318f3dc221ee.jpg

Did your parents tell you to go to school get an education, get a job, buy a house and car?

To be honest at 17 it seemed like a really great idea at the time but now that I am 44 years of age, have a son of my own and I am never telling him that. Really, I haven't! It is for multiple reasons that I will not tell him to use that strategy, but the main reason for right now is that there has been significant change in the world. There has been technological, economic and social change to such a degree that I hardly fit the today's model. I am like a 1994 AE100 Toyota Corolla G and he is like Rivian or Lucid Dream. But I am not as agile as the current time requires and indeed I am behind in many areas. I am just from a different time. Albeit with all the change that is happening these days, some things still remain the same within humanity and society. Principles like cause and effect still work.

I obtained my first job in 1998 at a bank as a customer service representative and I made about 150USD per week. I was an intern but it was a great way to learn about the organisation and earn some lunch money. When I finished studying at the university all I was thinking about was getting a job so that I could make money and help my family. I never thought that I could be an entrepreneur simply because I was never exposed to the idea, even when I was at university it was not taught expressly but more theoretically. It was about producing people for the work force and the government is largest employer in Barbados. After working with for five years with a consulting company in a very entry level job I was able to save 30,000 USD and that went into building a better home for my mum and dad. The house was never completed because of in family drama. After that debacle I was so broke, dammmn I am still broke (LOL). Yeah never doing that again. Some families are not made to work together, sometimes you have to go at it on your own. That is another story though.

Being in Barbados it is not the most advance island there is but it is holding its own thanks to the younger generation that is currently coming through and it forces our government to look towards a technologically advanced future. However, there is a problem. Most of the powerful positions of our government are held by old traditionalists who are fighting tooth and nail to maintain our sordid history of slavery. Although they will never admit it, they sit in Parliament whilst "Massa" holds true economic power. Barbados is 98%  of African slave descent and 2% make up white, Indian and Syrian  controlling ethnicities in terms of economic power.

However, education and health is mostly free and this is a way out for most people. There is a neo plantation system that still continues but without the physical beatings. However, the illegal guns and drugs allowed into the country inflict far more devastation. However, it is a still quite a safe place to live and walk around even on the worst of days.

The population of the country is small. It is just around 385,000 and the actual economic market is even smaller, so finding a job or becoming an entrepreneur is more challenging with all of these intelligent youth leaving our regional university ( University of the West Indies). Notwithstanding, that the global economy is not the best and the economic impact on Small Open Economies (SOE) by Large Metropolitan Economies. Essentially, we catch a cold when North America sneezes.

This is why the internet, blockchain, decentralisation and cryptocurrency is so important because this frontier opens up a whole new world that provides global opportunities no matter where you are located. Once you have at least a mobile phone and an internet connection you are literally ready to take on the world. May be I oversimplified that but essentially that is an easy entry compared to the archaic methods of doing business. As I said earlier my island needs crypto if it is to survive in the long run. With an aging population and diminishing job and entrepreneurial opportunities we are surely looking are economic stagnation. Currently, all banks in Barbados have essentially block customers from using their visa debit or credit cards from buying cryptocurrency from Binance. It is incredible! It is so heinous! People have even been fired from these said banks because they made personal purchases of cryptocurrency. WOW. Totally ridiculous! These banks that continue to use your savings to earn huge returns whilst only paying you 0.000000000001% per annum. I think they should go bite a razor.

I am telling my son to ensure that he has multiple sources of income, live within his means and not the lifestyle of others. the marketers have their jobs to do and so do you. Keep your thinking hat on straight. Do I need this or do I want this? Will this make me money or will it take money? Can I help someone by employing them in my business or will they be a detriment to me and pull my business down. The world is now borderless, you can go anywhere from your computer if you so desire. The sky is no longer the limit. Learn and keep learning and have some responsible fun along the way and never ever forget God who gave your life to do everything you are doing.

How do you rate this article?

8


Wiseinvestor
Wiseinvestor

I am a not so simple, sometime moody christian male from the island of Barbados. I am a father, crypto enthusiast, love to ride my mountain bike, be at home doing something around the house and generally love to laugh unless it is a sad situation.


Small Island Happenings
Small Island Happenings

My Blog will essentially surround my life and matters of fact, faith, economic and lifestyle. It will be written from an average human's point of view who is not particularly brilliant, but can still read and write. I am writing from Barbados a small developing island in eastern caribbean.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.