Since the 80's, the costs for everything has gone up tremendously as the graph below shows, while at the same time, Pew Research shows that inflation adjusted wages, we're making the same as or less than we were in 1980 (graph above). And you ask yourself why your bank account isn't looking the way you expected. all this while the average CEO pay has risen at an embarrassingly enormous pace while many of our needs and expenses has also shot up.

As you can see from the chart below, Americans are saving more than 50% less today than they did 40 years ago when things were less expensive. This is a terrible trend that does not look well for middle class American wage earners. 1971 is incidentally when we went off of the gold standard which stopped the US dollar from being backed by anything but belief in the government and our economy.
(Graph below) Even though productivity in the US has went up dramatically since the early 70's, the minimum wage has remained nearly unchanged. Again, productivity increased after we were taken off of the gold standard, but the average worker does not benefit.
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 Here are some of the more interesting publicly traded company CEO to worker pay ratios. Back in the 80's the most it would be was about 50:1 :

CVS - 422:1
FedEx- 145:1
Goodyear Tire: 322:1
Aflac: 157:1
Macy's: 110:1
Apple: 43:1 (Not bad Apple. Keeping it real.)
Microsoft: 11:1
At&t: 100:1
Walgreen: 134:1
Disney: 283:1
UPS: 28:1
Pfizer: 60:1
Coca Cola: 89:1
Citigroup: 132:1
Wells Fargo: 144:1



What I've seen in life, for "some people", is that no matter how much someone may claim that they want to live under better circumstances, they are more committed to their beliefs about how life needs to be than actually finding and implementing the answers that give them freedom and experiences they desire.
The "some people" I'm referring to are typically those that do not have, or did not have growing up, with references of how to create that freedom around them. So they wind modeling what the know about money, relationships, health, etc, from those who don't have the results they would actually want in there own life. If you grow up with the belief system from your peers and environment that the way to wealth for you is a good paying job and stashing money in the bank that is what you are likely to do. Even though the reality is what I showed you above. A lot of people would rather stay poor, be right and not change their beliefs, than model success, change their beliefs, take action, and be rich.

Truth be told, changing poor habits into rich habits is hard work. You have to want it really bad. It's not easy. If you live around other poor people, you probably aren't going to find much support because many of them will say you think you are better than them or flat out wrong. That's what they have to say to justify where they are in life and why they aren't going through the uncomfortable growth that you are. You trying to do better makes them see they're not, so they'll try to tear you down to feel their own sense of importance. You displaying sacrifice in important areas of life reveals to them they aren't which will create friction in those relationships.



"Whatever the mind can perceive and believe it can achieve" - Napoleon Hill

"Whatever the mind can perceive and believe it can achieve" as the great Napoleon Hill said is a very accurate statement. It's unfortunately a lot easier said than done. However, if you are truly willing to do what ever it takes to win the battle, specifically the internal one because it requires challenging our deepest held most intimate ideas of who we are, the world is yours.


Cut out TV?
Read an educational book every day?
Not hang out at the club?
Seek uncomfortable situations to master them?
Change how you dress?
Change who spend the most time with?
Become interested in finance and money?

How far will you go?
Do you have what it takes?
 
 
When it comes to disability insurance claims it can be really tough to get your claim filled by your insurance provider. There are many ways insurance companies try to not pay you. This is not to say you shouldn't get disability insurance. It is a very important financial tool especially for employees who are high risk or supporting others.

Ideally, you want to contact a Fiduciary, not a Broker when buying any financial products. A Fiduciary has the legal obligation to provide you with the best product that meets your needs. A broker or agent, has a responsibility to his company to sell their product. This distinction is SO BIG that it cannot be understated. No matter how much you like your broker or agent, their only legal obligation is to give you a "suitable" financial product. Suitable does not mean best or even good. Your agent may have the best possible intentions, but they are bound by their agreement with their company to do what's in the best interest of the corporation while doing what is suitable for you.

Lastly, once you've purchased your policy, have a disability attorney assist you in filing your claim. They will ensure that all paperwork is filed properly giving the insurance company the least amount of opportunity to not pay you.

The below video gives you some great tips on ensuring you do not get screwed by the insurance company.