CREATING FINANCIAL RESOURCES FOR MILLENNIALS

CREATING FINANCIAL RESOURCES FOR MILLENNIALS

THE DIGITAL WORLD OF ECONOMICS

For the MILLENNIALS, it is a matter of time for them to come into their own world. It was this way for my generation, my parents’ generation and every generation before. We have the “Y” generation and “X” generation sometimes we refer to the “Centennials” or the “Millennials” but whatever the label, everything boils down to turning the reins over to the next generation.

Since I am a part of the BABY BOOMERS, I have seen a lot of change. I remember taking my passbook to the bank so the teller can stamp the confirmation when I made my deposit. (I also remember earning 5% interest with that savings account!!!) We went from there to conducting our banking on the Internet.

While the Baby Boomers like me struggle with an online website or document on our PC or MAC, the Millennials are listening to their favorite tunes with their bluetooth earpiece, checking their bank balances and surfing Facebook with that computer on their wrist. Many Millennials don’t own a computer because their iPhone or Galaxy does everything they need in the palm of their hand.

I knew I would be hit with the questions and I dreaded it when the time arrived. It came from one of my sons’ friends.

HOW TO USE BITCOIN TO DEVELOP RESIDUAL INCOME

Many years ago, I use to read stories about growing generational wealth. Way back, wealth was developed in a family over the course of 3 generations. As time passed, it could be done in one generation. Then it was beginning to be developed in 5-20 years. With the dot.com boom, we saw wealth develop in months, not years.

I stopped reading books recently because by the time information was printed and published, it was outdated. I began reading articles on the Internet and watching videos as my main source of up to date information. Sometimes if it was more than a year old, I wouldn’t review it because it was obsolete information.

Developing Residual Income has been a concept that has been accepted as motivation for online businesses. I was asked: HOW TO USE BITCOIN TO DEVELOP RESIDUAL INCOME. I was taken by surprise but not really. The real surprise for me is that I (a Baby Boomer) was being asked by a Millennial a question that I feel is very much more a part of his world than mine! (I guess I’m a little ahead of my time!)

I joined a company many years ago (COMPUMATRIX), way before BITCOIN and we were heading down this road. (Way back then) You see, BITCOIN changes everything and levels the playing field.

I read in a comic strip where this little girl was asking her grandmother those “when you were a kid” questions: did you have TWITTER, TEXTING, FACEBOOK, SNAPCHAT, etc. When the grandmother answered no to all of these questions, the little girl asked: How did you communicate!

I look at the little girl as the MILLENNIAL and the grand mother as the BABY BOOMER. However, in my case, I’m teaching the Millennial information from “his world” because I kept my head in the game.

COMPUMATRIX will bring a new twist for BITCOIN AND CRYPTO CURRENCIES and

WE ARE RIGHT AROUND THE CORNER!