Monday, July 30, 2018

A World We Dare to Imagine - Part III

The Burk Family Foundation for Financial Freedom 

My organization is called The Burk Family Foundation for Financial Freedom, and we will help people of all ages become financially independent. 

I am extremely passionate about this line of work because I have noticed that young people aren't educated about finance as well as they should be. I can't speak for everyone else, but my high school taught me nothing about investing or saving. I've been able to take a couple of finance classes at USC, but neither of those truly prepared me to be a successful investor. The fact of the matter is that the sooner you start investing, the better your chances are of being successful. While you're in your 20's you can obviously afford more risk, and more risk is the only way to attain more rewards. The thing is, I believe a lot of people are afraid to fail in their 20's, and getting over that simple fear is the biggest hurdle in becoming financially free. Most people in their 20's don't even know what a Roth IRA is, and it's one of the easiest ways to guarantee becoming a millionaire. If you can manage to put aside $100 every month and put it into your Roth IRA, and do that for 40 years, your account will be worth around $1 million. I know 40 years seems like ages away, but if you start at age 20 and begin increasing your monthly deposits over time, the timeframe can be shortened. The point is, there are ways to guarantee financial freedom if you play the long game and stay disciplined. Unfortunately, this is not a part of everyday education. 

This organization is unique because there really aren't any others who do what we do. We will be targeting middle school, high school and college kids and teaching them how to save and invest their money, and I've never heard of an organization currently doing that. 

Anima Mundi Development Partners should support my organization because we are not only doing a service to the world by educating the youth about finance, but we will be also me making a lot of money along the way. Anyone who is involved will experience the pleasure of working towards a better future with incredible people. 

Thank you for your time.

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