The Yes Generation

 

In my latest post, "The No Generation" , I dealt with a difficult reality. However if I decided to write that post it's to let people understand that a hope does exist.

 

Indeed there is also a Yes Generation.

If the NG is the NO generation (no job, no income, no asset), the YG is represented by who has a job who makes money or has an asset, like properties or a patrimony.

If I had to mark the main psychological traits of the YG, I would say optimism and self-confidence to its own future are the main features.

On the opposite, the NG is passive, pessimist and tends to complain about its own condition.

The YG has many problems as well because it lives in a situation of general crisis. However it's the very desire of redeem itself, to express its own creativity that pulls the YG to think mainly how to overcome any problem. 

It would be wrong to paint the YG like a generation that lives an idyllic situation or that it pleases itself in the la la land.

However if it handles to overcome its problems it's because it sees beyond. It's because it's focused on its goal, on the solution and not on the problem. If we had to re-read it all, the YG applies the attraction law in a positive way; the NG applies it in a negative way.

If your mental attitude is continuously moaning about the situation you found yourself, the result will be to attract more problems. If your attitude is instead to find a solution to the problems, so it's easier to get out of it. And to build up something.

So your creative desire together with the planned action are the fundamental features of the YG.

Those who belongs to the NO Generation, you can't say they don't want to be successful. Everyone can say that loves to be successful, but to desire something in a generic way it's not enough. in order to be successful you got to do something.

However, despite the global crisis in which we find ourselves today, we might find the Yes generation acting in the most unexpected places, like in Eastern Europe, where many young successful folks found their way. 

 

I am talking about folks I personally know. It's about young people between 23 and 40 who live in countries like Russia, Romania, Bulgaria, Poland and the common thread it's the typical YG features: Creativity, Problem Solving attitude, being optimist rather than spending your time moaning.

An YG example is given by C, a Croatian physician who graduated in Medicine in Rijeka (HR). Since not a long time she moved to another country and today she works in a Health Care Center.
C lives with his boyfriend who also has a job, she bought a house with a mortgage and she's now planning to have a family. Why this story should be considered so extraordinary?

Simply because this physician is only 24 years old and in a country like Italy for example when you re 24 you re still in school like a good Italian slacker!

In Italy many people even in their 30's or 40's they still have to decide what direction they will take, they live with their parents...in Italy this situation is so spread out that they also made tv shows on this category of people without provoking any kind of disdain because that's a situation that completely fits with the concept of normal for Italy's culture.

In many countries when you re 24 you re a grown-up person since a long time.

Italy fully represents the NO Generation attitude. Complaining is an usual custom.

If you talk to a retailer you will realize these people always complain about something both we are in a financial crisis or in a surplus.

Italians have a bad habit because not only they complain about almost anything, but worse they don't do anything to change their situation. Actually they try to find other people who are in their same situation of disquiet, or better failure and once they find each other, once they're together they can better hate and envy whoever is successful.

This is the major difference between the YG and the NG.

If somebody today thinks to be in a better situation only because he lives in a "rich" country he makes a great evaluation mistake. 

Those who live in advanced capitalism countries, the so called rich countries, they are actually living in mature economies (or worse "old economies") And mature economies have many debts... because they are countries that have been living for years in over their heads.

In a little while all the chickens will come home to roost. Actually they already came, you can look at the unemployment level of the young people in Italy....

Personally I admire the Yes Generation, of whatever country, religion or ethnic group they belong to. The YG is a generation that wants to create its own future with their own hands. The YG is transversal because there are people with similar features in different world areas.

Today the world has new balances, you have to be quick and pick them up. Otherwise you re left out.

What worked three years ago, today it doesn't work anymore. Once they said "you study you become an engineer, and you find your way to the industry" . Today it isn't true anymore, so those who based their own lives upon this certainty in a little while they will receive bad news...

The Axiom "I live in a rich country and I have a permanent position ( I relax myself) it's not valid anymore, because today we live in a new era with a new physics.

The Western World generation that today is between 25 and 45 should learn from who has found his way or is making a fortune in the BRIC countries (Brasil, Russia, India, China).

Look how many company managers under 45 there are in Russia and you make a comparison with Italy....In Italy there are people in Congress since when Nixon was at the White House.

We have seen that there exist a YG and a NG and these two represent two different ways to understand life. At this point, I would rise a question. How can I in a simple word distinguish the two generations? And again, how can I understand in a very short time if a person belongs to the YG or the NG?

The answer is very easy.

When you feel if you are hungry or you feel your stomach is full, you are able to understand if you are a Yes or a NO.

The truth is that hunger is the basis of everything. The burning desire to be successful is the real key to success.

If we pick up the hunger metaphor as a key to success, we have to acknowledge that unfortunately the only thing that the NG has learned "is to find their dish ready" as they say in Italy, in other words they never learned is to stand on their own feet. And that's exactly what made them so weak.

And now that they have to make a living on their own they don't know how to do it.

Actually they found a way, because they don't resign themselves starving without a whimper (also because that's what they do best). Their strategy is to occupy squares asking the government for a job. Governments must create the basis to develop the economy through the business development, if the government doesn't do it, then it's right to protest.

However the hypothesis of a social salary is wrong anyway, because it strengthen the idea of welfarism at any cost, that completely kills the survival instinct which in the NG is already weak.

We should always keep in mind the Chinese wisdom: "don't give your son a fish every day but teach him how to fish". So he will be able to get the fish for his entire lifetime.

Hungry is willing to create. This is the YG.

Angry is fear of losing. This is the NG.

According to the Law of Attraction, everyone is right. Both if he thinks to belong to the YG or the NG. Although remember: the more you focus on a status the more this will tend to broaden. It's called Resonance and this is also another universal law.

Think positive!

Luigi Foscale

The No Generation

 

We all know many baby boomers are now next to retirement and if we look at how life has treated them we find an happier generation than ours: they had jobs, a secure income, they had the chance to buy a property home and most of all, they enjoyed life. They created wealth.

 

Now the situation has changed: today even if you have a job or you own a business, everything is less stable. 

 

If you are under 30, you are in the “No generation” but if you are jobless and in your forties, you are deeper in the “No generation”.

 

No income, no Job, no Assets.

 

A dark future. In particular, if you are more than 40 years old but you had many career changes and you are used to be fired within few months, the situation is much more dramatic.

 

Maybe you feel like a passive viewer of other people’s success… and maybe you complain about other people’s fortune too… Maybe you need a new car every three years… and in your household you have a couple of brand new cars…. and you have many hobbies and in the end you are like a child... but you are an adult! And if you meet a successful person you may envy him because you think you are better than him. He’s got a successful life while yours sucks. However you don’t think about what he went through to reach that kind of success. 

 

If you are in this situation, or if you are in the “No generation” and you really want to change your life for good, you only need one thing: Changing your mindset. 

 

Don’t blame others for their success and stop complaining about the crisis. 

 

Start working to improve your situation. If you accept your difficult position you already did 50% of your whole job.

 

The odd part is to work diligently everyday and take the challenge! Instead of blaming others, you should learn the word “humility”. 

 

You need to accept your mistakes and clearly acknowledge you got a problem. Look at your past mistakes. Look at your work attitude. Look at what you could do for your boss, and not what he should do for you. Look at your thoughts. Are they positive? or negative? If, they are negative, there is something wrong in your long standing way of negative thinking.

 

This is the first point. Accept your fault and start doing something about it. Thus, write clearly what you want from life.

 

Second point: Look at your income and your lifestyle.

 

And if you find a gap, please do not hesitate to make some cuts to your spending. Maybe you have some expensive hobbies… or maybe you got some bad habits, I know it is hard, but this is the time to give your life a makeover.

 

If you start cutting unnecessary expenses, your household will improve. Although you got to be honest with yourself and don’t lie. This is not the time to lie to yourself …unless what you want is a miserable future. Because that’s what you re going to get if you don’t accept your situation. Please be aware If you lose the train, you will only have a miserable future.

 

Only after you accept your mistakes and tear your pride apart, you can set your goal.

If you want to succeed you need to start walking in a diligent way!

Luigi Foscale

 

Were the Baby Boomers right?

 

Unfortunately the coming generation will have to pay the many mistakes done by those who run the country today and by those who has run it in the past.

 

When I was a child the political and the financial establishments tried to convince me the right way to see things was theirs. In the meanwhile in our school, the teaching formula did not provide the student’s interaction nor an active participation of the students to the educational process. On the contrary we only had to listen and to learn what’s been made up for us.

On balance the figures show that what the financial big wigs claimed as the holy truth, it turned out to be a total failure. Besides, the educational system is now considering as absolutely necessary the student’s feedback.

 

Today in the most advanced education programs the students are asked to rate their teachers in a sort of evaluation scheme.

This can be considered as weird in an old and stuck education system but that’s exactly what’s happening now. Indeed if we are in this world crisis the reason is the failure of the old financial system and the lack of a basic economic education at all levels.

When you become an adult, you need to deal with all sort of things like a bank account, the interest rate, buying a home, the rent. Anyone sooner or later will have to deal with a lawyer. It’s my personal wish to provide everyone the necessary tools to understand what’s going on and to train your eye to be critical.

 

This blog’s mission is to help you becoming financially free because if you still rely on government and those who run it, you re not going to sleep well.

You re the only one who can provide yourself your own economic freedom.

 

So even if the fact that the crisis is lying over our shoulders is not fair, everyone of us should be able to take care of him/herself and start building her/his own wealth.

Luigi Foscale

 

Ma i nostri genitori avevano veramente ragione?

Purtroppo, la generazione che verrà sarà costretta a pagare per i tanti errori fatti da chi ha governato in questi anni e negli anni precedenti.

Quando ero bambino, la classe dirigente e quella finanziaria, cercavano di convincermi che il modo corretto di vedere le cose, era solo il loro. In parallelo, il metodo scolastico, non prevedeva l’interazione e la partecipazione attiva degli studenti al processo formativo.  Noi dovevamo solo ascoltare ed imparare quello che era stato stabilito per noi.

Ora, a conti fatti, i numeri dimostrano che quello che i grandi finanzieri asserivano come unica verità, si è dimostrato un totale fallimento. Inoltre il sistema educativo, inizia a considerare come necessario, il feedback degli studenti. Nei centri di formazione più avanzati, oggi sono gli studenti, o meglio, la classe, a dare i voti ai professori. Questo può sembrare strano in sistemi educativi statici, ma è quello che sta succedendo.

Infatti,  il motivo per cui ci troviamo in questa crisi mondiale, è il fallimento dell’ormai superato sistema finanziario, e la mancanza di una istruzione economica di base per tutti. 

Quando si diventa adulti, bisogna cimentarsi con cose quali il conto corrente, il tasso d’interesse, l’acquisto di una casa o l’affitto. Chiunque prima o poi dovrà avere a che fare con un avvocato….

È mio desidero quindi, fornire a tutti, gli strumenti necessari per capire cosa sta succedendo e per allenare l’occhio, ad essere critico. Questo Blog ha la Mission di aiutarti a diventare libero finanziariamente perché, se conti ancora sugli Stati e chi li governa, hai ben poco da stare tranquillo.

 Sei solo tu, che puoi provvedere alla tua tranquillità economica.

Quindi, anche se non è giusto che il peso della crisi sia sulle nostre spalle, è invece opportuno che ognuno di noi inizi a provvedere a se stesso, creandosi la propria ricchezza.

Luigi Foscale