Take time out
this Labour Day to reflect on whether you are working
for money, or if your money’s working for you.
(Labour Day is on October 5 in NSW, SA and ACT.)
Labour Day is a public holiday that commemorates the
granting of the eight-hour working day for Australians.
Unions, community groups and the public join politicians
and other leaders in celebrating the agreement that
was reached in 1856 that paved the way for improved
working conditions across the country.
The concept of Labour Day was born in an era where
Big Capital had all the money and assets, and exploited
workers, who worked for a pittance in harsh conditions.
Big Politics at the time did little to protect Labour,
which is why the workers themselves forced changes
for better working conditions.
Many people are conditioned to accept that they are
simply destined to be workers in a big system that
is organised and run for another party’s benefit.
They are grateful for their wages that enable them
to have a roof over their heads, meet their living
costs, and maybe put something away for a holiday
or a rainy day.
There is another group of people, however, perhaps
10 per cent of Australian taxpayers, who have decided
that they will take responsibility for themselves
rather than relying on an employer.
It is now possible for a Labourer to have access
to Capital, and thanks to government legislation,
to put this money to work in the generation of income.
Investment property in Australia is a classic example
of how people do this. The vast majority of McCarthy
Group clients are your average, hard-working Australian
families who have discovered the secret of putting
money to work for you, meaning that over time, you
can work less, and let other forms of income take
over. This is called Passive Income.
As you rest from your labours on Labour Day, you
should ask yourself the question, “Am I working
for money, or is money working for me?” The
difference between the two is a ‘Paradigm Shift’,
because this is how far apart they are in concept
and meaning.
The good news is that you can decide today that instead
of simply working for money to make ends meet, that
you can instead gain access to money and put it to
work to meet your goals.
To discover how you can do this and discuss how McCarthy
Group can assist you, click
here.
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