14 Years Of School, But Still Not Ready For Life

14 Years Of SchoolMost people start their school life at 4 years of age and continue till 18 years of age. They go to school for a minimum of 5 days per week. A typical school day lasts for around 7 hours.

That’s 5 x 7 hours = 35 hours of school per week.

Every year there are approximately 48 weeks of school.

This works out to be 35 hours x 48 = 1,680 hours of school every year.

Going to school for 14 years works out to be 14 x 1,680 = 23,520 hours of school in 14 years.

Most people leave school with little knowledge of how the real world operates. They lack financial knowledge and legal knowledge.

They don’t have a budget in place, they don’t know how to get a mortgage or invest in the financial markets. They don’t know how loans and credit cards work.

They fall into the trap of compound interest used by credit cards to keep people in debt for lifetime.

No one has taught them how to get onto the property ladder or use finance to start-up a business. They don’t know how stocks and shares work.

23,520 hours of school, but no knowledge of real life. The stuff they learned at school is of little use in the real world. They were not prepared for life after 18 years of age (adult life).

I think there should be a subject which prepares students for real life. This should teach them about financial transactions and also legal contracts.

This type of information is more important to an 18-year-old then differential calculus and physics formulae.

Charles law and Boyles law is not going to help you get a mortgage, nor is being able to solve a 4th order polynomial equations.

People from affluent families pass on this financial and contractual knowledge to their children. It is a good idea to teach your children to save money so they can purchase high value items once their savings accumulate.

This will teach them to save towards things that of greater value, like putting a deposit on a house in their adult life.

They should be taught about work contracts at school and employment law. Some of these youngsters will want to venture out as entrepreneurs, they need knowledge on intellectual property and leasing contracts.

The biggest evil in our society are credit cards, they are allowed to charge interest at 30% to 40%, while banks pay out 1% to 2% interest on your money!

A few years ago, I cut up all my credit cards and took out a loan to clear-up the balances. I now use my debit cards for most of my spending.

I have one credit card which I use to purchase items, giving me a 30-day interest free period to pay it off. This can help you with your cash-flow.

Saving 10% of your monthly earnings is also a good way to build-up a pot of money for different needs.

I also use 10% of my monthly earnings to build-up my online income streams.

I use 80% to pay for all other expenses, like food and monthly bills.


Say for example you are earning £2,000 monthly…

You should save £200 every month (10%)

You can use £200 every month to invest in a business (10%)

You will have £1,600 left over for your monthly living expenses.


If you are earning £3,000 monthly…

You should save £300 every monthly (10%)

You can use £300 every month to invest in a business (10%)

You will have £2,400 left over for your monthly living expenses.


It will seem like hard work to stick to a budget like the above. I will need to have a strong will to stick to your budget.

Every ten months you will have enough saved up to match a month’s earnings. In 5 years’ time, you will have enough saved-up to match 6 months wages.

If you invested this in fixed interest bonds, you should have around 10 months earnings equivalent saved-up in 5 years.

This will give you confidence and also the capital to try out business opportunities.

Your monthly 10% invested in a business can grow within 2 to 5 years to provide you a full-time income equivalent.

If you are willing to invest 10% of your monthly income on a business opportunity, I would suggest you take a look at my online system at: Copy4Wealth.com

Even if you are earning £1,000 monthly, you can still have £100 (10%) to invest in a side business on a part-time basis.

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