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The Illusion of Security
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Rose Smith
bizpickeralberta.com
Bizpicker.com
http://www.bizpicker.com
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Rose Smith: bizpickeralberta.com
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The Illusion of Security
by Rose Smith, Copyright 2001
Written for: http://www.bizpicker.com
What is your definition of security? Is it having a regular
pay cheque? Is it living a comfortable life? Is it having
money in the bank? Is it having a steady job working for
an employer? Figure out exactly what security means to you.
Here's the definition of security according to Webster's
Dictionary:
+++++++++++++++++++++++
Se-cu-ri-ty (n.)
1. The quality or state of being secure as a: freedom from
danger; SAFETY b: freedom from fear or anxiety c: freedom
from want or deprivation (job).
++++++++++++++++++++++
How secure do you feel in your present job? Can you guarantee
that you will continue to receive a pay cheque every two weeks
from this same employer for the rest of your life?
The fact is the security of a job and a regular pay cheque is
just an illusion of security.
What I mean by this is, your fate is in the hands of your
employer. He or she can fire you today if they choose to do
so. And then where will you be? Pounding the pavement, hoping
to find a "safe, secure job" that pays well. What do you do
if you don't find one right away? The bills still have to be
paid and unemployment insurance doesn't pay out a whole lot.
Also, what you receive in net income from a pay cheque is
only a portion of what you earn. When people ask how much
you make, many of us answer in the gross amount, such as,
"I make $12 per hour" or "I make $30,000 per year." But,
that isn't what you really take home. Your employer must
first takes out all of the government deductions such as
unemployment insurance and pension plan premiums and income
taxes owed, along with workmen's compensation and your portion
of medical benefits, if you have them. What you take home is
only a fraction of what your salary actually is.
FACT: Statistically speaking, employees work from January to
June to pay the government its share. That's 5 months of work
you do, so you can give your money away to the government,
before you get your share of it.
By owning your own business, you get to keep a much larger
portion of your income, plus you have the added advantage of
expense and tax deductions that isn't available to the
average employee.
So, as you can see, being an employee working to make your
employer rich isn't the best of options. Your income depends
on the whims of your boss...whether you get a promotion or
raise, whether you are even still working tomorrow. If
you're going to work, why not put the profits into your
own pocket?
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