Financial Reflections

I’ve posted about outsourcing – the process of sending jobs in the US overseas – in one form or another in the last week or two.   That’s not only a narrow topic, but it’s also considered a political topic by some.  I will agree that the battles over this are fought in state and federal congress as often as they are fought in the board room, but the main impact ends up on you and your job.  And that impacts your income.

FMF just wrote and excellent article telling why your career is so important.  Anything that affects your career (such as outsourcing) affects your income affects your potential to build your net worth.  Some of you might be thinking that you don’t have a J.O.B. because you own your own business.  But the fact is that you business is your job and it can still be affected.  No matter what you do, someone is looking to eliminate your job – and your income.

Now income isn’t everything, but as I mentioned before, net worth increases with the proper utilization of income.  And if your income takes a hit, so will your plans to use that income wisely.  So I’ve learned to keep growing in my career - learning new skills and looking at ways the market will change in the future.  Because I know that change is inevitable.