by Russell Dawson

Created on: January 30, 2007   Last Updated: April 17, 2007

Why We Don't Earn Enough Money-(And Never Will without Taking Action)

In order to understand why we never seem to have enough money, it is necessary to understand a little bit about financial relativity. There are only so many riches to be had on this planet and we in the West have a way of distributing them that disproportionately rewards some people. A 1995 report from the United Nations Development Program states that, in that year, the richest 1% of Americans possessed greater wealth than the bottom 95%-combined! It matters little how business savvy we become as a society, there will always be a majority of people scrabbling over the leftovers. Mostly, we all continue to live this way because we think to ourselves that some day it could be us at the top. This works brilliantly for those who are already there.

The system we live in is competitive and rewards certain groups of people who share certain entrepreneurial characteristics or, failing that, are lucky. People who are simply law abiding and decent are not necessarily rewarded. I do not mean to rail impotently against the system.' I fully recognize the role I play as a consumer in helping the rich get richer. I also realize that in order for individuals to change their status quo, they need to do something out of the ordinary.

Does this sound familiar? This is the month you were supposed to have more money because your spouse's raise went through, or you received that refund, or you finally paid off that personal loan. Instead, you are faced with an unanticipated furnace repair bill or a hike in energy costs. This can leave you feeling very much like a hamster on a wheel. Sounds like a perfect time to get off the wheel.

The only way you can begin to earn the money you want is to make an investment of some sort. If you are reading this then you are unlikely to have much venture capital, so consider how you can invest time in yourself to create money. This very site offers a number of great articles on how to manage debt, invest for the long term and establish passive revenue streams. By spending more time upgrading your skills, you will be able to think about increasing your future income by 50% rather than the 2% to 3% cost of living we are accustomed to.

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