I’m all about experimenting, I guess it’s the scientist in me that keeps trying to break out of my work life that consists of a repeating grind that is way too familiar.
Recently, I decided to try a new financial experiment where I would take an attractive female or male (mostly female because I’m not a good judge of what an attractive male is), and try to teach that person what I know and set them on a course of action that would improve their financial well being. The person that I would teach would have to be willing and have capabilities beyond just good looks, so I’d have to delve a bit deeper than the surface.
So I’ve been on the lookout and came up with an idea where I would even provide the potential person with a small income stream via working for me as a contributing author to my blog. The small income stream was a side effect of another experiment that I will mention at a later date. While not much, I calculated that I would be able to provide about $40 weekly, at least at first. The idea would be that this could balloon up to something much bigger, independent of my involvement.
Most middle-class kids wouldn’t be interested in my proposal, and although I could probably find many potential candidates at local colleges in my area, I decided to hit the bars first. The idea that a young full-time bartender would not be going to college and probably wouldn’t have the upbringing that a typical middle-class kid would have. So while not exactly needier, the individual wouldn’t be trained in the same financial principles as the college kids probably had. And so, that where I come to the crux of this article “The hurdles with helping others financially“.
Hurdle 1. Approaching Potential Individuals
I decided to approach young females first. The problem with approaching young females in a bar is that they would think that I’m hitting on them. So often time the female bartenders are on guard and don’t really trust me, at least in a short time-frame. If I were to attend a bar for a long time (maybe 1 year), then they might trust me, but until such a relationship exists, it’s would be hard to extend such an offer (especially with very attractive female bartenders). I have to admit, it’s hard for me to crack this egg, and I’m not a very outgoing person by nature.
Hurdle 2. Lack of Fun Factor
Part of the experiment would be to teach the individual what I’ve learned and in the short term, provide a very small additional income stream. The problem is that bartending is probably pretty fun in contrast, so why would they want to try my experiment. They don’t know what I know, so they might not see much benefit in trying what I would like to try. I think if you don’t know that there is another way, you might be apt not to try any such suggestions. I guess what I’m saying is it’s hard to believe when you don’t have the exposure to such a thing. For all I know, perhaps it’s like believing in Fairy Tales?
Hurdle 3. Perseverance and Follow-thru
What I would be teaching would require a lot of skills and disciplines that my target might not possess currently. The individual would have to do all of the following: Believe that it’s possible, have the perseverance to not cash your accumulated money, and stick to a strict wealth-building routine. Continue with the program that I would set up for them, even when I wouldn’t be there to offer encouragement. Perhaps by teaching understanding and coolness towards money, this hurdle might be overcome with some hard work?
The above are some of the main hurdles I would face with this experiment. I’m sure that I can provide benefit to others, but I might have to reconsider my candidate pool.
In the meantime, I’m running out of bars and bartenders…
More to come hopefully,
Don
That’s nuts man. I try my best to avoid attractive females. They are not good for my finance. 🙂
lol, you are probably right.
I have to admit, the candidate that I’m hoping to find is not set in stone yet, and I’ve even played around with the idea of a younger, “still in high school” boy or girl. I’ve been thinking of teaching a relative instead of a bartender.
Well see 🙂
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