Investorideas.com

Call 800 665 0411 to learn about our services

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS



Share on StockTwits

From Minimum Wage to Wealth in 10 Years: Is It Possible?

 

San Francisco, CA - July 12, 2022 (Investorideas.com Newswire) Can you imagine a person earning minimum wage today becoming financially independent within 10 years - without winning the lottery or getting a big inheritance? David Parker can.

In his book Income and Wealth, Parker provides a detailed analysis of how someone earning minimum wage can become financially independent in one decade, drawing upon the business and economic insights he formed during 40 years of studying economic history and principles, teaching in public schools, and being a professional musician and real estate developer.

His prescription for wealth creation may not be easy - but it is certainly effective. He urges all young people, regardless of their earning power, to invest half their annual income. "Even those not especially creative or brilliant," he says, "will generate significant income from their investments within 10 years."

Minimum wages in the U.S. today vary between $7.25 and $15 an hour, but Parker believes financial success is possible in a decade because of his own experience.

"There's no relationship between income and wealth," Parker said during a recent interview. "You can do what you really want in life. You can be an artist; you can be a schoolteacher; you can open a restaurant ... Do it because you want to do it."

Parker is a living example of that. "I taught school my whole life. I played music my whole life. I've been writing and reading. One hour a day, I give some thought to money."

In his eye-opening book, Income and Wealth: David Parker Essays - Volume One, he flips the script on everything you thought you knew about wealth creation. But this is not a "get-rich-quick" formula.

Income And Wealth provides a framework for reflecting on the role of government in our lives and the opportunities available to each of us. Parker also presents a compelling case for the benefits of free market economics and shares strategies and insights that can be used as building blocks for a step-by-step plan for financial prosperity.

David Parker began his career in education at age 24 and served students in San Francisco's inner-city public elementary schools for 40 years as a music teacher. While pursuing his career, Parker also became a successful real estate investor. It was success in business that focused his writing, teaching and career as a professional musician. He spent 20 years as a member of the Berkeley Symphony Orchestra and 15 years as leader of the Dave Parker Sextet, which has headlined at San Francisco's Fillmore Jazz Festival.

To learn more about David Parker, including his essays and music, visit: https://davidparkeressays.com/ and https://daveparkersextet.com/.

To hear his recent interview with Money & You, visit https://podcasts.apple.com/ca/podcast/the-truth-about-income-and-wealth-with-author/id1365907575?i=1000544880470.

Income and Wealth
Publisher: Waterside Productions
ISBN-10: 1951805909
ISBN-13: 978-1951805906
Available from Amazon.com

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


Follow Us on StockTwits