Business Week tells us that the continuing job crisis is hitting young people especially hard:

“While unemployment is ravaging just about every part of the global workforce, the most enduring harm is being done to young people who can’t grab onto the first rung of the career ladder.

Affected are a range of young people, from high school dropouts, to college grads, to newly minted lawyers and MBAs across the developed world from Britain to Japan. One indication: In the U.S., the unemployment rate for 16- to 24-year-olds has climbed to more than 18%, from 13% a year ago.

For people just starting their careers, the damage may be deep and long-lasting, potentially creating a kind of ‘lost generation.’ Studies suggest that an extended period of youthful joblessness can significantly depress lifetime income as people get stuck in jobs that are beneath their capabilities, or come to be seen by employers as damaged goods.”

We Work To Make Money

And yet parents continue to insist upon sending their offspring to colleges and universities to “get a good job”, thereby foisting their outdated, limiting philosophies on their children.

Now if the kid wants to become a doctor or lawyer or electrician, university is just fine, but I’m talking about those who really don‘t have any specific career in mind.

The fact is we work to make money. You can pursue your interest in marine biology once you’re rich and established – you don’t need to make a job out of it.

SOLUTION:

My dad always had money problems – I grew up poor.

So, much as I loved him, I never took financial or career advice from him – I’m just not that stupid. When I found rich people, I followed their advice to the letter.

Help your kids get rich – they might help you in your dotage.

Instead of wasting a small fortune on colleges and universities, buy them a copy of Rich Dad, Poor Dad, and get them some solid training that will have them earning  a lot more than you do in short order.

Fortunately, our kids are not as screwed up, conditioned, skeptical, and cynical as we are, so it’s a lot easier and quicker for them to make serious money in the new economy/world order through the use of Joint Ventures, with no cost, or risk, and regardless of their age, experience, or background.

Teach Your Children Well

For between $400 and $1,000, you can teach your kids to create a livable, passive, monthly income within a year of less.

No college can do that.

Academics don’t even know that it’s possible. And even if they did, they definitely wouldn’t tell you about it. Teach them to fish for tremedous tuna, not sickly sardines.

I believe teaching your kids to get a job is like feeding them poison, just because you drank it yourself. Teach your children well – save them from financial hell. They might just return the favor!