Thomas Slatcoff Blog

Time is of the essence! Share this with your children and the world.

Let’s begin with the obvious: those who have been on Earth for 14, 15, or 16 years will not see this post unless someone shares it with them. Financial literacy is just not in vogue. It is not trendy. It appears that people are not seeking financial literacy information.

I strongly encourage readers and subscribers to share this post with their children and everyone around the world. It is time for people to get their financial house in order. And the time to build a solid financial foundation for their life is between 14 and 16 years.

It is high time people become multimillionaires. Financial literacy and a Lifeline will help achieve that goal.

What? Did someone scoff at becoming a multimillionaire?

If yes, please call me at 1.850.867.2817, immediately. Let’s talk. Let me explain how you can become a multimillionaire. It does take time, commitment, sacrifice, and work. And the earlier you start, the more likely you are to become a multimillionaire. The scoffing may come from those who have never been exposed to financial literacy. We can fix that too. Call.

Time is of the essence! A unique approach to time on Earth.

I have a unique approach to time on Earth and a Lifeline. I use ‘years’, not ‘years old’ or ‘age’. I believe that when the words ‘old’ or ‘age’ are added, people tend to apply negative connotations or preconceived notions that have been associated with the words. The negative connotations and preconceived notions lead to a negative mindset, setting people up for financial failure.

The number of years you have been on Earth should be used in a positive sense – as a marker for goals. For example – I have been on Earth for 15 years. What have I accomplished financially? Another example = At 25 years old, I must achieve these financial goals. It’s a unique way of handling time, life, and a Lifeline. And it leads a person directly to setting the year they will reach financial freedom.

Indeed, time is of the essence! Ticktock. Ticktock. Ticktock goes the clock.

People who have only been on earth for 14, 15, or 16 years, cannot understand how quickly time passes. Sure. I get it; the flight of time is not something that catches their attention. Then please believe me or others when we say time passes quickly – life passes quicker.

Perhaps for people who have only been here for 14, 15, or 16 years, financial literacy is not something that catches their attention either. But it should. It must. It is vitally important to their overall well-being to have the skills, knowledge, and behaviors that enable them to make informed money decisions by the time they graduate high school or earlier. But it will only have their attention if someone brings it to their attention. Otherwise, they are likely to never be exposed to financial literacy. They will likely fall victim to the myths and misconceptions of money. Said another way, they will fall victim to the preconceived path that elitists have created and perpetuated for people because they do not want others to be wealthy and have financial freedom.

You cannot slow time’s constant forward motion. Your yesterdays are gone forever. Fortunately, you have your todays and tomorrows, and your Lifeline

What is a Lifeline?

Meriam-Webster Dictionary defines Lifeline as 1: a line (such as a rope) used for saving or preserving life: such as a: a line along the outer edge of the deck of a boat or ship b: a line used to keep contact with a person (such as a diver or astronaut) in a dangerous or potentially dangerous situation 2: something regarded as indispensable for the maintaining or protection of life.

Why must you create a Lifeline?

Like the diver or astronaut, your Lifeline is there to keep you focused on your life by creating a picture that serves as a constant reminder of what you must achieve and what you want to achieve in the year you have selected to accomplish it. Your Lifeline is truly indispensable for maintaining or protecting you from life’s inevitable distractions. (The dangerous or potentially dangerous situations.) Paramount to your Lifeline are the financial goals you set for yourself and place at a particular point on your Lifeline at which you must achieve them. Your financial goals are superior to all other goals on your Lifeline because you must have money. Money facilitates the acquisition of your needs and then your wants. A few examples for your Lifeline are: your first job, opening your first savings account, opening your first high-yield money market account, acquiring your first rental property, the level of income you want to make, your second job to earn more money, and what must be everyone’s Lifeline: to become a multimillionaire. People who say money is not important are wrong.

Whose responsibility is it for your financial success – for your financial freedom?

It is yours and yours alone.

The contemporary notion that the government should take care of you or your finances and provide for you is foolish and ill-informed.

People, if you do not take care of yourself financially, no one else will. You must start at an early age, around 14, 15, or 16, to build a solid financial foundation, which begins with financial literacy training. At those years, you must schedule an hour or two of your time weekly, to read about money, to discuss how to handle money, to earn money (you will need more hours for this), or to make money. Yes, there is a difference between earning money and making money. However, if you do not learn about money, specifically financial literacy, you will never know how to manage that difference or your finances. Your ultimate goal is to achieve financial freedom – escaping the rat race.

Time is of the essence! Sign up for financial literacy coaching sessions, now!

THE THOMAS SLATCOFF FINANCIAL LITERACY INSTITUTE can assist you with

creating your Lifeline with the

Individual: One-on-One Financial Literacy Coaching Time: 30 minutes Fee: $50.

facilitates children and parents together gaining, enhancing, or refining their financial literacy with the

Family Financial Literacy Coaching: Parents and Children. Time: 2 hours and 30 Minutes. Fee: $185.

Ready to commit to gaining, enhancing, or refining your financial literacy?

Ready to commit to handling your finances in a unique manner?

Ready to commit to your financial freedom?

Time is of the essence! “Help yourself achieve more, financially.”

Call or text Thomas at 1.850.867.2817 or email Thomas at contact@SLATCOFF.com

“Enthusiastically poised to assist you.”

“MAKING FINANCIAL LITERACY ACCESSIBLE, GLOBALLY.”