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Dwayne Johnson: The Rock Solid and The Fast and The Furious Way To Make Millions

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“Success isn’t always about ‘Greatness’, it’s about consistency. Consistent, hard work gains success. Greatness will come.” – Dwayne Johnson

Well unless you have been living under a Rock, then you have heard of the name Dwayne “The Rock” Johnson.

One of the most successful wrestlers to come out of the WWE of all time.

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The Rock is an inspiration to millions with his good attitude, humility, and great sense of humor. One of the hardest working men in show business today.

If there is a movies coming out, then The Rock either auditioned for, saw the script, produced, or is starring in it. I mean the guy has a movie coming out like every two weeks!

He recently made headlines in January 2019 for not getting cast in Crazy Rich Asians?!!

As he worked with the film’s director, Jon M. Chu, in the 2013 sci-fi action film “G.I. Joe: Retaliation,” with Bruce Willis.

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Regardless, The Rock isn’t low on cash by any means.

He has an estimated net worth of over $150 Million.

On my continued journey toward studying the self-made, the man du jour is Dwayne Johnson.

Full Disclosure: I located numerous interviews, read magazine articles, and reporting on The Rock. One of the best came from Wonderwall.

So here we go.

Get your popcorn ready cause this is a long one.

I’m about to open up The Rock’s wallet and give you a peek inside.  

Let’s smell what The Rock is cookin’ in his bank books shall we?

THE ROCK BEGINS: CAUGHT BETWEEN A ROCK AND A HARD PLACE

Dwayne Johnson, was born in California on May 2, 1972. Although he grew up poor in Hawaii, he is now one of the richest men in Hollywood, but the poverty he faced during his childhood is never far from his mind.

Case in point, On Thanksgiving 2017, The Rock revealed in a lengthy Instagram post that “there was a time back in ’87 when we couldn’t even afford Thanksgiving dinner and [were] praying someone would invite us over their house to eat.”

Due to his father’s work as a professional wrestler, the family was constantly in flux and bouncing around from place to place.

Wrestling is in The Rock’s blood.

Wrestling is actually the Johnson family business — his father Rocky Johnson was a star in the 1970s and ’80s, while his Samoan grandfather Peter Maivia was famous in the 1960s.

As his mother was unable to keep a steady job because of this, they went through hard times.

HARD KNOCK LIFE

In another IG post, in May 2015, the wrestler-actor revealed on Instagram that “when I was 14yrs old we were evicted out of our apartment in Hawaii ’cause we couldn’t afford the $180 per week rent.”

In 2014, he told The Hollywood Reporter that a week before they were evicted, he watched his mother’s car get repossessed. He reportedly added to her troubles by joining a theft ring that targeted affluent stores in Waikiki.

In addition, he stated in another interview that they were so broke that his mother doesn’t remember walking out into incoming traffic before he pushed her out of the way.

It was at that moment he decided to make changes in his life. He said to himself, “What can I do with these two hands?” That is when he decided to start working out.

“The successful men I knew were men who built their bodies.” – The Rock

He also stated while growing up people thought he was a girl and that they referred to him as one “all the time.”

KICK ROCKS

“I’ll never, ever be full. I’ll always be hungry. Obviously, I’m not talking about food.

Growing up, I had nothing for such a long time.” – The Rock

The Rock is now one the biggest movie stars in the world. But before the A-list super-stardom and even before his WWE debut, Dwayne Johnson was just a guy that was down on his luck.

He decided that he wanted to play football. He worked tirelessly and gave everything he had to the sport. His hard work paid off.

Johnson was a promising football prospect and received offers from many Division I collegiate programs. After finishing high school in Pennsylvania, he went on to play college football. He decided on a full scholarship from the University of Miami, playing defensive tackle. In 1991, he was on the Miami Hurricanes’ national championship team.

The 6-foot-5, 290-pound Johnson started only once, appearing in 39 games with a total of 77 tackles and 4.25 sacks. With muscles on top of muscles, he was a sight to behold. He was a physical specimen from Day 1.

It was once quoted about The Rock, “He was a jack-of-all-trades, but only a master at wrasslin’.

Ed Orgeron, University of Miami defensive line coach (1989-1992), once had this to say about The Rock.

“His uncle was Jimmy Snuka, he came from a wrestling family. So we knew about that.

“I remember one-day walking off the field, he hadn’t had a good day and I said something like, ‘You know, Dwayne, you should just become a wrestler.'”

Warren Sapp, NFL pro football 2013 Hall of Famer, said this of playing football with The Rock.

“So we used to joke with him by saying, ‘When you get done with football, you’re going to go into wrestling, right?’

“And he’d say: ‘Damn right, bitch.’

Everyone always had the same thing to say about Johnson, he was charismatic, humble, and down-to-earth.

The Rock would go on to complete a bachelor of general studies degree. But his football career was coming to an end around the same time his academic career did.

WRESTLING WITH $7 BUCKS

“1995. $7 Bucks In My Pocket. I Knew Two Things: I’m Broke As Hell and One Day I Won’t Be” – The Rock

In 1995, Dwayne Johnson signed with the Canadian Football League’s Calgary Stampeders at a yearly salary of $35,000. According to The Hollywood Reporter, after just two months, he got knocked down to the practice team, which paid just $250 a week.

That had to hurt!

During that time, he reportedly shared a two-bedroom apartment with three other players, “eating ramen noodles and spaghetti and sleeping on a filthy mattress he had found ditched outside a pay-by-the-hour sex motel,” wrote THR. When he was cut from the team not long after that, he had just $7 to his name.

This is when he decided to become a wrestler. He begged his father to show him the ropes. Get it 😉

Dwayne Johnson made his WWE debut in 1996, becoming the first third-generation wrestler in the league. (His father, Rocky Johnson, and his maternal grandfather, Peter Maivia, were both professional wrestlers.) He quickly became one of the sport’s biggest stars. According to Fortune, during his second year in the WWE, The Rock made enough money to accomplish a childhood dream: He bought his first Rolex. (He smashed the $35,000 timepiece in the ring just a week later.)

I mean, wow!

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“When You Walk Up To Opportunity’s Door: Don’t Knock It. Kick That Bitch In, Smile and Introduce Yourself” – The Rock

Dwayne Johnson officially transitioned to Hollywood in 1999, the year he played a version of his father, wrestler Rocky Johnson, on “That ’70s Show,” where he got to act out with Topher Grace as Eric Forman.

The following year, he channeled his wrestling alter ego (complete with cocked eyebrow) to portray an alien gladiator on an episode of “Star Trek: Voyager.” A month later, he hosted “Saturday Night Live” for the first time. Each of these television appearances — as well as a few others — helped him prove his acting chops and win fans outside of the wrestling world.

The people’s champ was becoming the acting champ.

Things started really moving steadily from there for The Rock.

In 2000, Dwayne Johnson released his memoir “The Rock Says…,” which debuted at No. 1 on The New York Times bestseller list.

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Keep in mind, Writing isn’t generally a high-paying gig—unless you happen to be the top-selling author.

Fun Fact: While this gains the coveted “NYT BESTSELLER” status for the authors, it doesn’t net a lot of money. There are weeks in the year where you can make the NYT list with as few as a couple of thousand sales.

According to Career Trend, Given the royalties of a standard contract, an author selling 20,000 books priced at $25 would earn $65,625 the first week on the “New York Times” best-seller list. This is not quite the millions superstar authors bank, but if the book continues to sell, these earnings add up to an impressive income.

Then The Rock hit pay dirt. He booked a starring role in a major Hollywood film.

 In 2001, Dwayne Johnson made his feature-film debut as The Scorpion King in “The Mummy Returns.” He reportedly banked $500K for his brief appearance in the action-adventure sequel to 1999’s “The Mummy.” His work in the film was so popular, he scored his own spinoff.

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THE BUSINESS OF BEING THE ROCK

The Road To Success and Greatness Is Always Paved With Consistent Hard Work. Outwork Your Competitors, Be Authentic And Above All Else. Chase Your Greatness” – The Rock

Dwayne “The Rock” Johnson rose to fame thanks to his exploits in the pro wrestling ring and got his first big break in the movie business as the Scorpion King in 2001’s “The Mummy Returns.”

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He holds the Guinness World Record for highest paid for a movie debut, as he received a $5 million-dollar paycheck for his role.

In 2004, Dwayne Johnson left the WWE to focus on his Hollywood acting career. The following year, he earned raves for his performance as a gay cowboy bodyguard and aspiring actor in “Be Cool.” Further signaling his transition from professional wrestler to serious actor, he was credited as Dwayne “The Rock” Johnson instead of just “The Rock” for his work in 2006’s “Gridiron Gang.” With 2008’s “Get Smart” — at the urging of his agents at CAA — he officially changed his stage name to Dwayne Johnson.

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CAA, short for Creative Artists Agency, is also one of the biggest entertainment agencies in the world.

GIVING BACK

“I Like To Use The Hard Times in The Past, To Motivate Me Today” – The Rock

In 2006, Dwayne Johnson and then-wife Dany Garcia, who fell in love while they were students at the University of Miami, donated $2 million to their alma mater to help fund a renovation to the school’s alumni center. In 2007, they donated $1 million to the college’s Football Facilities Renovation Fund, which was reportedly the largest donation ever from a former student to the university’s athletic department. The University of Miami renamed their football locker room in his honor: It’s now the Dwayne “The Rock” Johnson Football Locker Room.

If that is not karma coming full circle, then I do not know what is! From getting cut from a football team to having a university athletic department named after you. Totally badass!!!

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PERSONAL DIFFERENCES

In 2008, Dwayne Johnson and college sweetheart Dany Garcia divorced after 10 years of marriage and one daughter, Simone. The same year they split romantically, Dany became her ex’s manager. “I was already deeply involved with his agents, I was already commenting on scripts. It was a very natural conversation, where he just said to me, ‘I would love for you to do this full-time,'” she told Marie Claire in 2017.

PERSONAL DIFFERENCES ASIDE, KEEP ON TRUCKING…ALL THE WAY TO THE BANK

In 2010, Dwyane Johnson portrayed star police officer Christopher Danson in “The Other Guys.” He reportedly earned $9 million for his role in the action-comedy…. even though (spoiler alert!) his character gets killed off just 15 minutes into the movie.

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Dwayne Johnson executive produced the 2010 documentary “Racing Dreams.” The film, which centers around young drivers chasing the kart racing championship title, marked The Rock’s debut as a producer.

I mean, does this guy ever stop working?!!! Now he’s a producer.

In 2011, Dwayne Johnson parted ways with CAA, whose agents had urged him to distance himself from the wrestling world. He signed with WME and legendary agent Ari Emanuel (on whom Jeremy Piven’s “Entourage” alter ego, Ari Gold, is based), and officially returned to the WWE that February.

You see that. He trusted his instincts and listed to himself, not just the advice of his management team. Others may help you along your journey, but ultimately you make the final decision. ALWAYS!!!

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He appeared in a number of big WWE events over the course of the next few years and, according to some reports, banked $3.5 million per year for his efforts. Apparently, he was worth every penny: “We set pay-per-view buy-rate records and attendance records each time,” he gushed to Fortune of his big return to the WWE. In April 2016, the league confirmed that WrestleMania 32 set a new attendance record for the WWE with 101,763 fans in the crowd at AT&T Stadium in Arlington, Texas.

Would you look at that?

Setting records. Smacking down candy asses. Being eye candy. Raising eyebrows and rising paychecks.

That is my description of The Rock!!

FAST AND FURIOUS MONEY

“Let Actions Do Your Talkin For You, (Unless You’re Telling A Good Dirty Joke)”

In an Essence magazine article, he was asked what he was wearing while talking over the phone. His answer: A thong. Backwards. 🤣Your boy has got jokes!!!

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The Rock is now taking life a quarter mile at a time.

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In April 2011, Dwayne Johnson made his film-franchise debut as Luke Hobbs in “Fast Five.” At the time, the fifth installment in the “Fast & Furious” franchise had the top opening weekend of any film ever to open in the month of April, though that record has since been beat. He went on to appear in the next three films in the series and has become such a fan favorite that he and Jason Statham scored their very own spin-off movie, “Hobbs and Shaw,” which is scheduled for release in the summer of 2019.

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SEVEN BUCKS PRODUCTIONS

In 2012, Dwayne Johnson and ex-wife Dany Garcia co-founded their own production company, Seven Bucks Productions — a nod to that time the wrestler-actor found himself with just $7 to his name after getting the boot from the Canadian Football League. The company has produced several of The Rock’s recent films including “Jumanji: Welcome to the Jungle,” “Baywatch,” “Rampage” and “Skyscraper” as well as the TV shows “Ballers,” “The Hero” and “Wake Up Call.”

One of my personal favorite television shows I have ever seen The Rock do was the show “Wake Up Call.”

Dwayne ‘The Rock’ Johnson: At 23, I Had Only $7 In My Pocket — Then I Turned My Life Around

According to Business Insider, “In TNT’s new show “Wake Up Call,” Dwayne “The Rock” Johnson lends a helping hand to everyday people who are facing enormous challenges in their lives. From dysfunctional homes and dead-beat dads to sports teams that don’t gel and businesses struggling to survive.”

MILK DOES A BODY GOOD

Dwayne Johnson starred in a commercial for the “Got Milk?” campaign that debuted during the Super Bowl on Feb. 3, 2013. He appeared in more advertisements for the campaign later that year.

He’s steady cashing them checks!!!💰 Cha ching! 😂

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Dwayne Johnson made his reality TV debut on the TNT competition series “The Hero” in June 2013. He hosted all eight episodes of the short-lived show. The following year, The Rock returned to the network with the eight-episode series “Wake Up Call,” which tracked his efforts to help average Americans transform their lives. His third stab at reality TV, “The Titan Games,” is scheduled to debut on NBC in January 2019. According to an official synopsis, the competition series (which is in the vein of “American Gladiatiors”) is inspired by the wrestler-actor’s “desire to motivate global audiences to reach their potential both mentally and physically.” Hopefully it fares better than its predecessors!

You can say that again. He’s been cancelled more times than checks!

BLOOD, SWEAT, AND RESPECT

“Blood, Sweat and Respect. First Two You Give, Last One You Earn” – The Rock

According to Fortune, movies in which Dwayne Johnson appeared made $1.3 billion at the worldwide box office in 2013 — more than any other actor that year. To be fair, he starred in four movies that debuted in 2013: “Snitch,” “G.I. Joe: Retaliation,” “Pain & Gain” and “Fast & Furious 6” (pictured).

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My absolute favorite film in The Fast and The Furious franchise is Fast Five. It earned over $500 million in box office receipts. It set the stage for the billion-dollar franchise. This was a huge record at the time in 2011 for the film and The Rock most certainly helped put butts in those theater seats!

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In 2014, The Rock starred in Hercules. It was a big budget film that cost $100 million USD to make. It grossed over $244 million at the box office, but was not the money maker studios would have liked.

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To be fair, I saw the film. I thought it was excellent. Solid performances by The Rock and the whole cast. My absolute favorite was Ingrid Bolsø Berdal. She was outstanding in the film. She was the Legolas of the film. You know the role that made Orlando Bloom famous in The Lord of the Rings franchise.

You know how it goes: “One Ring to rule them all, One Ring to find them, One Ring to bring them all and in the Darkness bind them.”

Or DC Comic Universe’s The Arrow.

Like Jennifer Lawrence in The Hunger Games, she too uses a bow and arrow. You know it is always the coolest party people that use the infamous bow and arrow and that is because it takes REAL skill.

“With Drive And A Bit Of Talent, You Can Move Mountains” – The Rock

In May 2015, Dwayne Johnson starred as a rescue helicopter pilot in “San Andreas.” He reportedly banked $25 million — the biggest paycheck of his career so far — for his role in the disaster flick. There are reports that the box office hit will get a sequel, though no moves have been made yet on the project.

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Alas, as of this writing, it doesn’t look like the movie pulled in enough dough to make that happen.

“Ballers” debuted on HBO in June 2015. According to Variety, Dwayne Johnson makes $650K per episode of the series — more than any other actor makes on TV aside from the five main stars of “The Big Bang Theory,” who each bank $900K per episode of the CBS sitcom.

As of this writing, The Big Bang Theory (TBBT), will be ending and going off the air in Spring 2019. This stems from Jim Parsons’ decision to leave the series at the end of the season if the show were to be renewed for a thirteenth season. The series will conclude with an hour long finale consisting of two back-to-back episodes on May 16, 2019.

In October 2015, Dwayne Johnson announced that he’d signed on to promote Ford’s service departments. Since then, he’s appeared in several ad campaigns for the motor company.

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In November 2015, Dwayne Johnson reportedly donated $1,500 to a shelter puppy who’d been named after him. The 4-month-old pooch required expensive medical treatment for a heart murmur.

THE BRAHMA BULL GETS INK AND INKS A DEAL WITH UNDER ARMOUR

“Success at anything will always come down to this: Focus & Effort, and we control both.” – The Rock

The Rock’s iconic tattoo.

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The tattoos are beliefs of his ancestors from his father’s side and mothers sides. His black culture, his Samoan culture, all cumulates in a belief that the spirit of his ancestors is protecting his family. These tattoos represent great struggle and about overcoming them.

The tattoo on his body comes down to 3 things; his family, protection of his family, and about having a true warrior spirit forever.

Dwayne Johnson launched his partnership with Under Armour in January 2016. The first item from his collaboration with the athletic brand, a duffle bag, sold out within 24 hours. Since then, he’s released everything from clothes and wireless headphones to sneakers through his Project Rock collection for Under Armour. On May 28, 2018, The Rock’s Project Rock 1 shoes for Under Armour sold out in 30 minutes.

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NO FREE APPLE iPHONES OR APPS

Remember in my last post, when I talked about Taylor Swift putting Apple iTunes on blast about free music? No? That’s ok. Here’s the link 😉

Well, now The Rock is working with Apple.

In May 2016, Dwayne Johnson launched an iPhone app, The Rock Clock, that’s essentially an alarm clock that wakes up users with exclusive inspirational video messages from the actor-wrestler. Users can also sync their alarms with The Rock’s so that they too can rise and shine at 4 a.m. every day to start their daily fitness routines. “Our goal was create a free, direct, uncomplicated, cool, motivating app to help us all get after our goals every morning,” the superstar explained on Instagram.

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And remember this? iPhone 7 | The Rock x Siri Dominate the Day | Apple. If you look closely, you will see that fannie pack pic of him while he ‘s driving the Lyft car!!! 😂And in the video his manager calls him DJ. I would love an uncle DJ that can treat me to an ice cream anytime!

AND YOUTUBE

In July 2016, Dwayne Johnson launched his own YouTube channel. Original series on the channel include the cooking show “What The Rock Is Cooking” and “Millennials: The Musical,” a collaboration with “Moana” co-star Lin-Manuel Miranda.

In January 2017, Dwayne Johnson launched Seven Bucks Digital Studios, a branch of his Seven Bucks Productions focusing on developing new original online content.

In April 2017, Dwayne Johnson returned to the role of Luke Hobbs in “The Fate of the Furious.” The eighth installment in the beloved “Fast & Furious” franchise opened worldwide to more than $541 million. At the time, it was the largest global opening of any film ever. (“Avengers: Infinity War” broke the record the following year.)

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In July 2017, Dwayne Johnson starred in an ad campaign for Apple’s iPhone 7 and Siri titled “The Rock x Siri Dominate The Day.”

In September 2017, Dwayne Johnson and ex-wife Dany Garcia launched Seven Bucks Creative, a creative ad agency within their production company, Seven Bucks Productions. In March 2018, the company released its first campaign: two videos promoting The Rock’s Project Rock collection for Under Armour, naturally!

In December 2017, Dwayne Johnson headlined “Jumanji: Welcome to the Jungle.” The reboot of the original 1995 family action flick “Jumanji” was a surprise sleeper hit, becoming Sony’s highest grossing film of all time domestically. It trucked along at the box office for months, becoming the first movie since 1998’s “Titanic” to open in December and top the box office in February. All in all, the film was so successful, Sony ordered another installment in the series for late 2019.

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RAKING IN THE DOUGH BY THE TRUCKLOADS

In February 2018, before writer-director Rawson Marshall Thurber had even penned a script, Universal and Legendary teamed up to win a bidding war for “Red Notice,” which Rawson describes as “a big international heist picture, that is tonally in the vein of ‘Ocean’s 11’ meets ‘True Lies’ by the way of ‘Thomas Crown Affair.'” The two studios agreed to finance the film at $160 million based on a pitch meeting and the fact that Dwayne Johnson is attached to star. (According to Deadline, the deal is the largest for a studio movie in Hollywood so far this year.) The Rock will reportedly bank $22 million plus backend to play “an Interpol agent who is tasked with catching the most wanted art thief in the world.”

In mid-July 2018, Forbes released its list of the world’s 100 highest paid entertainers. Dwayne Johnson came in at No. 5 behind Floyd Mayweather, George Clooney, Kylie Jenner and Judge Judy. “The former wrestler tallied the highest ever acting take-home in Celebrity 100 history, thanks to giant upfront paychecks and a cut of profits on blockbusters including ‘Jumanji: Welcome to the Jungle.’ A huge social following allows him to negotiate an extra seven figures atop his standard contract for promotion, helping nearly double his 2017 earnings,” wrote Forbes. So how much exactly he is taking home in 2018? A whopping $124 million.

At this point, he is making money hand over fist. Just genius right there with his negotiations. I have no words.

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Dwayne Johnson’s generosity is practically legendary. In late July 2018, he took to Instagram to share a video of himself surprising his longtime stunt double (and cousin) Tanoai Reed with a new truck. “Not only does Tanoai represent our family and my career with relentless commitment and passion. He also represents an entire Hollywood stunt community that is truly the backbone of our business,” The Rock wrote in the caption. Giving thanks where it’s due? That’s good business! Over the years, the wrestler-actor also bought a Lamborghini Gallardo for one of his cousins, a Cadillac Escalade for his dad, a Cadillac truck for his mom, a Honda Civic for another cousin, a Lexus SUV for yet another cousin, a Ford F-150 for an uncle and another Ford pickup truck for his longtime housekeeper.

As of August 2018, Dwayne Johnson is the most followed male entertainer on Instagram with 112 million followers.

As of this writing, he now has over 136 million followers on Instagram. He is the king of Insta!!!! He is the undisputed, follower for follower, heavyweight champ of IG!

Two snaps for you Dwayne!!! You Rock!!

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 He’s the seventh-most followed celebrity behind Selena Gomez, soccer star Cristiano Ronaldo, Ariana Grande, Beyonce, Kim Kardashian West and Kylie Jenner. According to Forbes, The Rock “insists on a separate seven-figure social media fee” for every movie in which he appears.” Basically, his social media accounts are worth millions in marketing and advertising dollars.

And that ladies and gentleman is how The Rock built his empire.

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Here is his formula: Blood, Sweat, and Respect + Hard work and Consistency = Success.   

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And that’s how it’s done.

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Money and Chocolate: Life Lessons from the film The Witches

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The most sophisticated people I know – inside they are all children. – Jim Henson

If you ever saw the film Willy Wonka and the Chocolate Factory, then you know how much people love chocolate. And it can be a goldmine business or chocolate mine depending on how you look at it. 😉 People were losing their minds to get that golden ticket.

Chocolate Mania had swept the nation! 😂

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It was pure marketing genius. They even commented on that in the film. Wonka was making a mint selling those chocolate bars. It’s all about marketing folks!

It’s sort of like Patron. They don’t have the best tequila; they just have the best marketing. Get that money.

Just look at all the money the candy business makes! Billions!

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Here are some of the top chocolate companies in the world.

1. Mars Inc., McLean, VA., USA.

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2. Mondeléz International Inc., Deerfield, Ill.

Largest Chocolate Manufacturers

3. Nestlé SA, Vevey, Switzerland.

Largest Chocolate Manufacturers

4. Ferrero Group, Alba, Italy.

Largest Chocolate Manufacturers

5. Hershey Foods Corp., Hershey, Pa., USA.

Largest Chocolate Manufacturers 2019

6. Meiji Co. Ltd., Tokyo, Japan.

Largest Chocolate Manufacturers

7. Chocoladenfabriken Lindt & Sprüngli AG, Kilchberg, Switzerland.

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The confectionery business is big money. These companies are raking in billions of dollars.

Did you know Snickers earns more than $2 billion by itself annually?

The Маrѕ fаmіlіеѕ аrе thе оwnеrs оf thіѕ соmраnу thаt ореrаtеѕ wоrldwіdе. Тhеу hаvе wіdе vаrіеtіеѕ оf brаndѕ іnсludіng Gаlаху, Воuntу, М&М, Тwіх, Міlkу Wау, аnd Ѕnісkеrѕ. Globally they are making bank!

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They may have even helped spread the let’s have candy at every event or holiday cheer. If not, I am sure they somehow found a way to cultivate and capitalize on Halloween and even Christmas.

Who says you need a box of chocolate on Valentines?!!! Most people don’t even eat most of it. That box of chocolates is still bought and paid for!

If you ever saw the film Legally Blond, you actually saw her do what most do with a box of variously filled chocolates. That’s right. She took a bite and put it BACK in the box!

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Reese Witherspoon in Legally Blond

Mondelez International Inc. even tried to cash in on this love of chocolate. However, they have officially abandoned its pursuit of Hershey Co., which would have created the biggest confectionery conglomerate in the world.

Now that you have some background on the business of chocolate, let’s get down to money affairs.

Back in 1990, the movie, The Witches, based on the 1983 children’s novel of the same title by Roald Dahl, was released in theaters. The movie premiered on 25 May 1990, in London and was scheduled to open the same day in the United States, but was delayed until August.

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Sadly, it would be Muppet and Fraggle Rock creator, Jim Henson’s last film.

As in the original novel, the story features evil witches who masquerade as ordinary women and hurt children. However, a boy and his grandmother need to find a way to foil and destroy them.

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The witches decide they will open up, get this, chocolate shops to lure poor unsuspecting children.

This is where the story begins.

GUARDIANS OF THE MILKY WAY GALAXY

While on vacation in Norway, eight-year-old American boy Luke Eveshim is warned about the witches, female demons with a boundless hatred for children and various methods of destroying or transforming them.

Helga, Luke’s Grandmother, becomes his legal guardian after the passing of his parents. They move to England. His grandmother is advised to take a vacation for a summer by the sea for fresh air after discovering she has diabetes.

Also staying at the hotel are a convention of witches, masquerading as the Royal Society for the Prevention of Cruelty to Children, with the Grand High Witch, the all-powerful leader of the world’s witches, attending their annual meeting under the name Eva Ernst (played by Academy Award Winner Angelica Houston).

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Really? They have some nerve naming their coven the Prevention of Cruelty to children. Hiding in plain sight like that, but open to interpretation. Yes, indeed.

Let us examine the fact that Luke had a grandmother that not only decided to raise him, but has the financial means to take a vacation by the sea.

I have it on good authority that if you try to rent a house on Virginia Beach for a week it can set you back $5,000!

I wouldn’t mind paying that if I had investments like interest earned from stocks or royalties to pay for it.

If you have $25,000, you could earn over 2 percent in a high yield savings account. That’s the ish I’m talking about right there. Making money for breathing. That is the equivalent of doing a part-time gig and earning $500 a year.

I find the idea of earning money just for having a pulse so sexy.  I find that It’s like Beyoncé says in her song Rocket. Shhh. Just listen.  To the words. Hell yeah, you the sh*t That’s why you’re my equivalent So sexy! Haha

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See my posts

How Beyonce and Jay-Z became a $1 billion couple

Earn Money with High Yield Savings Accounts

FOR THE LOVE OF CHOCOLATE

The witches are going to open up chocolate shops!

Inside a ballroom where the witches hold their meeting, Luke spies upon them as the Grand High Witch unveils her latest creation: a magic potion to turn children into mice, which they will use on confectionery products in sweet shops and candy stores to be opened using money provided by her.

They know how to make their vision a reality.

You have to chart a course and follow that path to where you want to go. What path? You just point to the top and go! That’s what I learned from Dwayne “The Rock” Johnson 😉

I have also learned that when you own something to hold onto it.

It doesn’t matter of it is a taco stand, food truck, or blog. If you own 100%, then it’s yours to do with as you wish. Hold on to as much equity and ownership in your company as possible. I learned that from Shark Tank’s Daymond John. Like McDonald’s does to its hamburgers, keep grinding.

And try to be cash heavy. Meaning stay away from debt. I learned that from Warren Buffet. 😉 They say his company Berkshire Hathaway aims to keep $1 billion or more in cash to snap up businesses and be able to make quick decisions when buying stocks.

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In addition, they say Apple does the same. The world’s first EVER $1 trillion-dollar company keeps billions in cash.  

Therefore, you should do the same and follow in their example. ALWAYS have cash reserves. NO EXCUSES!!!

Like Mr. Money Mustache once said, “Salads and barbells every day, no goddamned excuses!!!”

WE ALL WANT TO BE ROYALS

And I don’t mean Prince William and Kate Middleton.

I mean getting royalty checks in the mail.

I saw an article in which Don McLean owns only 2 stocks: Google and Amazon.

I also recently read that Don McLean continues to receive royalties off his music he wrote almost 50 years ago. Yes, this artist still makes $300,000 per year from something he created in 1971.

In the article by Sovereign Man, it retells McLean’s story.

Early spring in 1971 when an obscure American folk singer wrote a song that would change his life forever.

Sitting at a café in Saratoga Springs, New York, Don McLean scribbled the lyrics to a long ballad about an experience he had as a 13-year-old boy.

It began with a radio bulletin that said that Buddy Holly had died in a plane crash. In 1959, when this happened they called it the day the music died. The boy was crushed. But the man used this emotion to write a song that would take the world by storm.

Of course, that song was “American Pie.”

It stayed atop the Billboard music charts for more than a year. And it turned this once obscure folk singer into a global sensation.

Ah yes, the power of the pen.

More than that – McLean was immediately set for life: he still makes more than $300,000 a year from that song.

Imagine getting paid hundreds of thousands of dollars a year for something you did in 1971!

That is what stocks can do for you! That is why we must invest. Unless you can write the next hit song for Beyoncé, you must invest in the stock market to make money on your money. You already earned it and now your money works for you and this is your equivalent to getting royalties.

This story holds the key to one of the greatest business models ever invented: the idea that you can create something once and get paid on it for life.

“The idea is not to live forever, it is to create something that will.” – Andy Warhol

For more information on the price of genius and Andy Warhol, see my post The Man Behind the Mohawk: An Interview with Budgets are Sexy.

It’s the royalty business. That’s right. I did the work like 20 years ago. Now cut the check!

In case you’re not familiar with the term, a royalty is a cash payment that you receive over and over again from an asset that you created, developed, or own.

For example, songwriters collect a royalty every time a song they write is played, purchased, downloaded or streamed. Some more than others.

That is why Taylor Swift was mad at Apple iTunes for giving away artists music, such as herself, for free for three months!

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That’s why McLean still makes money from American Pie. You have to pay to play. Music that is. In this case anyway.

Royalties are also common in natural resources. Royalty companies often provide financing to oil and mining companies… and those borrowers pay a royalty on every ounce of gold or gallon of oil that the land produces.

Authors earn a royalty every time somebody buys their book. Inventors receive royalties from their patents. Why do you think Beyoncé trademarked Blue Ivy, Taylor Swift trademarked Swiftmas, and Cardi B is trying to trademark OKrrrrrrr?!!!

Patents equals paychecks.  

And people who own royalties don’t have to do anything else to make money… except cash the checks.

The powerful cashflow of this model can be incredibly appealing to investors, and there are even some companies that specialize in acquiring assets that produce royalty income.

Therefore, if you are good at something, don’t give it away for free.

Even though I am a HUGE Marvel comics fan, I actually got the last comment mentioned above from DC Comics The Joker. 😉

It’s still true though. You have to admit.

If I could, I would tap dance on Twitter, if they paid me.

Me and my lipstick confessions charge a premium for the really good stuff.

I would hand draw or smack lipstick stickers 💋on Kylie Jenner’s lip kits if she paid me $400.

Joan Rivers wrote jokes for days. She once said jokingly, that she would, “write for Hitler for $500.”

See my post on Money gems from Joan Rivers

Whatever you do that is great, DON’T DO IT FOR FREE.

That’s just my 2 cents. And I take cash, check, or charge.

I’m like the girl scouts. Out there selling those cookies. You don’t see them giving it away for FREE.

I’m just saying. Have a plan for your life and your money, then make it happen.

Don’t let anyone tell you what you can’t accomplish or do. No matter how small you are. Even if you are just a kid.

The Witches always remind of that.

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Money gems from Joan Rivers: How she paid off $37 Million of Debt and became a $100 Million-Dollar Funny Lady

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“People say that money is not the key to happiness, but I always figured if you have enough money, you can have a key made.”― Joan Rivers

Joan Rivers was a comedic force to be reckoned with, but it didn’t start out that way. She was born in 1933. Her parents were immigrants and even though her father was a medical doctor, he was more frugal than her upwardly mobile mother wanted.

Joan’s attitude toward money was shaped early. She saw that men managed the finances and women were financially dependent on their husbands. It would be many years later before Joan would learn that is a grave financial mistake.

On my quest to study the self-made, I decided to look into the life of Joan Rivers. I was not disappointed. You can also read some of my other posts on celebrities and money.

Gene Simmons: On Power

Rihanna from music maven to mogul

How Dave Grohl turned passion into profits

Joan wound up in $37 Million dollars of debt at the age of 54. Her grueling and formidable work ethic is the only thing that saved her from poverty. At the time of her passing, at the age of 81, Joan Rivers was estimated to be worth $150 Million.  

Here is her story.

EVERYONE LOVES A CLOWN

I succeeded by saying what everyone else is thinking. –Joan Rivers

Joan was the vice president of her high school drama club. She graduated from Barnard College in 1954 in Literature. She worked numerous jobs to support herself. Joan was a writer, tour guide, and fashion consultant.

Joan was quick-witted, very sharp, and had a penetrating and original intelligence that was like none other. A female comic was a hard living, but that is the life she chose. Her gift of gab became her meal ticket.

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Joan Rivers once said that she liked the comedy business and being a comedienne. This job had nothing to do with race, wealth, privilege, your background, religion, or gender. Either you have talent or you don’t.  

For a decade, Joan couldn’t really catch much of a break. She did learn that comedy was her gift. Even without the support of her parents, she continued her grind and gift of gags. This work ethic finally paid off in 1965. After 3 years and 7 auditions, she booked the Johnny Carson show.

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There was no stopping her now.

WORK, WORK, WORK, WORK, WORK

I hate housework! You make the beds, you do the dishes and six months later you have to start all over again.

I wish I had a twin, so I could know what I’d look like without plastic surgery.

Women should look good. Work on yourselves. Education? I spit on education. No man is ever going to put his hand up your dress looking for a library card.

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From 1965-1986, all Joan did was WORK! She wrote jokes, movie and television scripts, made guest appearances on television shows, did stand-up comedy gigs, and directed film.

If the job came with a paycheck, Joan did it. She was fearless and took on every paying gig that came her way. She even won a Grammy Award for Best Comedy Album in in 1983.

She hit the big time when, in 1986, Fox Television Network gave her a late night talk show, The Late Show Starring Joan Rivers, making Rivers the first woman to have her own late-night talk show on a major network.

However, unbelievable tragedy struck. She and her husband were fired from the show and following his death that same year, she learned she was in debt to the tune of $37 Million!

Broke, alone, and jobless for once in her life, Joan was without words. However, she did what she knows best; she went back to work.

THE FASHIONABLY BROKE POLICE

Yesterday is history, tomorrow is a mystery, today is God’s gift, that’s why we call it the present.

I was a financial idiot.

Others may be smarter than you and know how to manage your money better, but you care more.

It was in 1989, The Joan Rivers Show, which ran for five seasons, put Joan back on the map and in the driver’s seat of her financial life.

Joan designed a jewelry line, clothing and beauty products and sold them on QVC. She said that she had bills to pay as to the reason to become a celebrity entrepreneur selling products on QVC. By the time of her death, sales of her products exceeded $1 billion!

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During this time in the 1990’s, Joan wrote best-selling books, hosted television shows and won an Emmy!

Joan had charted her own path to success and financial security.

Don’t follow any advice, no matter how good, until you feel as deeply in your spirit as you think in your mind that the counsel is wise.

One of my favorite stand-up comedians is Chris Rock. I once saw an interview where he said Joan was an underrated comic.

On another interview, this is what Chris Rock said:

 You think she’s better than Robin Williams?

Yeah, well, put it this way, she could definitely follow him. That’s it. You as a reporter might go one way or the other. But put a bunch of comedians in a room and go, “Okay, who’s going to have a good set?” Who could Joan Rivers NOT follow? You’re not going to come up with anybody’s name. There’s literally no one in the world Joan Rivers couldn’t follow and blow off the stage.

It’s problematic to label her a female comedian?

You know, she did do a lot for women, but she did a lot for comedy. Please! A lot of my style is Joan Rivers. A lot! But, you know, nobody would ever say that because we don’t look alike. She’s one of the greatest to ever live!

What do you mean a lot of your style is Joan Rivers?

I mean, just watch me on any awards show telling jokes about celebrities. Who started that shit? Joan Rivers! [Laughs.]

Joan continued her grueling work schedule in the 2000’s.

The comedian hosted E!’s “Live from the Red Carpet” from 1996 to 2004 and later became a co-host on E!’s “Fashion Police,” which premiered in 2002. She did this with her daughter Melissa Rivers.

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Joan was hilarious on this show. Remember that one time she tried to give Kelly Osbourne dating advice. You don’t? No problem. I found someone on Twitter who stays well-informed on all things fashion.

Joan insisted she date an older man.

Kelly Osbourne: “I don’t want old balls, Joan.”

Joan: “Old balls roll to Tiffany’s.” 😂

In 2009, she won “The Celebrity Apprentice.” Then starred in “Joan & Melissa: Joan Knows Best?” and constantly toured doing comedy gigs and guest starring on television shows.

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THE LAST LAUGH ALL THE WAY TO THE BANK

And JOAN GOT PAID!!!!

Some of Joan’s best jokes were about money. She made a mint off of telling jokes about wealth. Smart lady!

I don’t exercise. If God had wanted me to bend over, he would have put diamonds on the floor.

The first time I see a jogger smiling, I’ll consider it.

Every woman in this room tonight: Think like a second wife. You grab and you take. You grab and you take. And when you die, whatever you got out of him you have buried on you. If the next bitch wants it, make her dig for it. 😂

I’ll write for Hitler for $500

“Elle says she and Dakota are ‘normal sisters’ who just go to school and play together…In their six-hundred-room mansion on the island they own.”

Joan even joked about marriage and divorce. Nothing was off limits!

“Half of all marriages end in divorce—and then there are the really unhappy ones.”

“I would never get married again. Never, absolutely not – but for 10 carats, maybe.” 😁😂

That reminds me of a hilarious joke I remember from the late Robin Williams.

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He said:  Divorce is expensive. I used to joke they were going to call it “all the money”, but they changed it to “alimony”. It’s ripping your heart out through your wallet.

She wrote 13 best-selling books. Her work calendar was FULL! She had gigs lined up for months.

Joan said that for her a calendar full of gigs equals happiness.

I saw in one television documentary about her that she would write all her jokes down and put them in a large file cabinet with toms of tiny draws to house her wit. She said at her age, people forget things, and that includes jokes so she writes them down.

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Joan Rivers: A Piece of Work

Her biggest money-maker was her QVC royalties. At the time of her passing, it was reported that she was earning as much as $50 million per year!

She enjoyed a lavish lifestyle. She has a Penthouse in Manhattan reportedly worth $35 million, antique furniture, rare books and other assets of valuable such as diamond jewelry and artwork.

When asked why she works so much as she can retire rich, she replied that she wanted to live lavish and opulently. She did not want to cut back. She wanted to enjoy creature comforts, spend her wealth, and help and support others with it. Working allowed her to do that.

Not bad for a woman who nobody though would make it. Underestimated, underrated, undervalued, and unappreciated in every way. But in the end, the duckling turned into a beautiful swan.

A very rich one.

So, cheers to you Ms. Joan Rivers. Joan may be gone but she’s still getting applause.

And when it comes to finances, from me she is getting a standing ovation.

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5 Wealthy Nuggets of Wisdom from The Count of Monte Cristo

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All human wisdom is summed up in two words; wait and hope. – Alexandre Dumas, author of The Count of Monte Cristo and The Three Musketeers

As I am sure by now you can tell, that I like to not only be entertained, but to entertain my readers as well. Well, this blog post du jour will be no different. One of my favorite stories is one that was written many years ago.

This tale has it all. Money. Lust. Power. Greed. Revenge.

I am sure many out there have heard of the book called The Count of Monte Cristo. It was written by Alexandre Dumas in 1844. Although, the book’s origin is over 200 years old, its plot is just as poignant today as it was then.

The story takes place in France, Italy, and islands in the Mediterranean. The Italian island of Monte Cristo is where the protagonist in this story derives his name. The historical events in the novel happen between 1815-1839, during the time Napoleon Bonaparte was exiled. A true adventure tale that involves the themes of betrayal, hope, justice, vengeance, mercy, and forgiveness.

The plot involves a young sailor that is wrongfully accused of a crime he did not commit.  Falsely convicted with no trial and imprisoned, he escapes from jail, acquires a fortune, and sets out a plan to exact revenge on those who conspired against him.

His name is Edmund Dantes. And this is his story.

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This post will focus on the 2002 film version of this story.

So, sit back, relax, pull up a chair, pour yourself a glass of wine, and enjoy this post.

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Money Nuggets of Wisdom I got from The Count of Monte Cristo.  

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ALL WEALTH BUILDING STARTS WITH INCOME    

Money Nugget One: You must earn money to save money. Frugality allows you to save more money.

In order to even start building wealth, you have to have income. Money needs to come in before you can start saving any. But make no mistake, all wealth building starts with saving. Once you have money to save then you have to allocate funds to savings.

Please do not discredit the act of saving and frugality. It is far easier to slash expenses and save then it is to make more money.

Work with what you have. It will be far harder to save once you start making more money. So, start saving while you have small sums so you will already be in the habit to do so when you have large sums.

And make time to spend on fun. Do not cut back on fun. Spend more on fun. It will give you the energy and inspire you to earn and save more money. So that you can have even more fun.

I started by reviewing my bank statements and seeing what I was spending.

I made the decision to get rid of as many fixed expenses as possible. In addition, as I paid off debt I would incrementally up my savings.

I started with $1 a day. That was $365 a year. Then went to $50 per month and so on until I finally reached $13,333.06 a year. I cut out tons of subscriptions and services I didn’t need or wasn’t using. Once I saw how much I could save and in such a short time period, as I went from saving $3k a year to $13k a year within 12 months, I started realizing the power of saving.

You can read all about it in my ebook How to crush debt and save $10,000 every single year and other posts I have written from October 2018 through February 2019.

Check these posts out

In the film, Edmond (played by Jim Caviezel) is a Second Mate of a French merchant vessel. It starts in 1815. As their ship’s captain is ill, Edmond commands the ship to stop on the island of Elba. Napoleon Bonaparte offers the help of his physician’s services if Edmond will deliver a letter. And is sworn to secrecy.

Keep in mind, Napoleon is in exile and any correspondence delivered from him would be considered to be treason to the French monarchy as he is an enemy to the crown.  The letter was to be delivered to a powerful politician’s father.  You can pretty much guess where the story is headed.

Upon his return home to Marseille, he is rewarded for his bravery and promoted to captain over another gentleman that was First Mate by the name of Danglars and at the ire of his friend, Fernand
Mondego (played by Guy Pearce). This provided Edmond with enough income to marry his fiancée, Mercedes (played by Dagmara Dominczyk).

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Mercedes

However, before that happens, Edmond must deliver the letter he promised. He gives it inadvertently to the son of the man the letter was meant for. The politician J.F. Villefort (played by James Frain) said the letter was treasonous. It is revealed that Edmond could not read. All was good until he said the name of who was to receive the letter. Upon hearing his father’s name and knowing it would ruin his political career, Villefort burned the letter and ordered Edmond to be arrested.

RICH IS RELATIVE

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Money Nugget Two: Rich is relative

Edmond escapes arrest and goes to his friend Fernand’s house. His father is a count and he goes there for help and protection. However, his friend turns him in to the gendarmes (the French police). As he is arrested, he gives Edmond a chess piece as that is game they used to play as a parting gift.

Then Edmond asks, “why?” He replies that he should not envy the son of a fisherman or someone not of noble birth. That’s cold.

At this point in the film, you are reeling. A good man has been falsely accused and arrested. Put away in prison for life because he was a pawn in a much bigger scheme. One he was unaware of.

Let’s stop and think for a second.

Let’s meet the money players. Because everything always comes back to money. If you truly want to know something., then follow the money.  

Villefort is a well-known, connected, and in a respectable position of a salaried politician.

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Danglars is an educated shipman.

Fernand is the son of a count, wealthy, of noble birth and education.

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Edmond Dantes is none of those things. He had to work for every dime. He is poor and illiterate. When a sacrifice had to be made and a lamb had to be slaughtered, the sacrificial lamb was a poor man. Just something to think about right there.

Although, these people have money and connections, all of them disliked a man of no means, who lacked money, prestige, position, power, and education.

Money will not make you happy as you can clearly see from above.

Money itself has no power. It is what you do with it that gives it meaning or power. It does have the power change lives ad make life easier, but that’s about it. Therefore, rich is relative. It is what you perceive it to be.

Perception is reality.

Rich is different for everyone.

 NEGLECT CAN BE AN ALLY

Money Nugget Three: You can build a fortune without anyone knowing. Stealth wealth anyone?

One of the best parts of the film happens while Edmond is in prison. After six years, he meets a fellow prisoner by the name of Faria (played by Richard Harris), who was once a general in Napoleon’s army. He himself has been imprisoned for 11 years because he would not divulge the whereabouts of a secret treasure; the treasure of Spada.

Faria asks Edmond to help him dig tunnels to escape the prison. They barter. Edmond will only help if the man will teach him how to read. Faria agrees. In addition, he also teaches him how to fight.

Over the next 7 years, Edmond becomes a scholar and a swordsman.

This was made possible because the guards completely ignored and shunned them. Their neglect became their ally.   

This is similar to a story I read in Millionaire Women Next Door. While a young woman’s parents were ignoring her, she built up a healthy work ethic and saving plan that helped turn her into a millionaire as an adult. Do not let anyone tell you that you cannot be anything you want to be. If it is important to you, then you will find a way.

If I hear one more person tell me they do not have time to read personal finance books, I’m going to start a bull**it jar and put $20 bucks into it every time I hear that. By the end of 3 years, I will probably have enough to buy a car with cash.

If you have time to surf the Web, spend hours on Twitter, or read Facebook posts, then you can read about finance.

Now, I need your undivided attention for this next part. Reminder that glass of wine I mentioned earlier? Well, I need you to put it down for one minute.

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Once you get all this knowledge, then put it to use. Start investing. Even better, after you grow your fortune, tell no one. Then they can’t hit you up for gifts and interest free loans.

Think I’m joking? Look up bankrupt, broke, or rich NBA players and see interviews where they talk about how friends, hangers-ons, and family members ask them for money.  

I regularly tell people I am just out here trying to make it, you know, trying to make a dollar out of fifteen cents. Whatever will distract them from asking me about my money.

Sure, I have money in the bank. However, I am not a bank.

See my post

Become your own bank

KNOWLEDGE IS POWER

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Money Nugget Four: There is power in getting an education.

After one conversation, Edmond was very upset. Faria helped him figure out who, how, what, and why he was sent to prison for life. That is when Edmond decides he wants justice. He must live and get out of prison.

Faria is hurt badly in prison, but before he dies, he tells Edmond where the secret treasure is hidden and provides him with a map. Knowing this was his chance to escape, Edmond hatches a plan to get out of prison. After he escapes, he runs into a band of pirates and befriends them.

He then sets off to see old acquaintances and in search of the lost treasure.

After getting the information he required on all his old enemies and his nemesis, Fernand, he finds the treasure.

Once a poor man, he is now the richest man in Marseille. He gives himself a new identity; a count. And a new name: Count of Monte Cristo.

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I remember hearing this growing up, beauty fades but dumb is forever. You cannot get by on looks alone. Get an education. It could be the difference of a life of penury or extreme wealth. You decide.

MONEY OFFERS PROTECTION

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Money Nugget Five: Money attracts money. Money also provides protection.

Edmond Dantes is no more. The Count of Monte Cristo is what he is referred to from this moment on. Everywhere he goes, people hang on to his every word. No one dares to disrespect or cross him to his face, but they will behind his back.

There are some excellent parts in the film as to what he does with his money and how he acquires his home. He is also careful with his identity. He guards it close. He is aloof and cold but not recalcitrant. He is very respectful to all levels of gentry no matter how noble or what manner of nobility a man is. An inferior or low ranking birth means nothing to him. Only power.

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You’ll see what I mean in this scene from the film.

In the illustrious words of Charlotte’s Web, “Salutations.” Or in the case of Monte Cristo, “Greetings.” 😉 Now this is how you make an entrance! This is my favorite scene in the film.

Monte Cristo is nobody’s fool. He has been to both sides of the island. Having been voted off the island of poverty so many years ago, he knows which side to be on.

“In this life we are either kings or pawns, emperors or fools.” – Napoleon Bonaparte

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Money is not only a tool, but one of protection. You can afford to pay your fare and your fair share of any financial obligations. Financial mediocrity is a fool’s game. You should respect money and take care to grow your money so that you can pay your share of any bill that comes in your mailbox.

Money offers protection from eviction.

Money offers protection from sleepless nights and worrying how to pay bills.

Money offers protection from bankruptcy.

Money offers protection from poor health.

I think you get my point.

I want you to be protected. I want you to have the means to take care of yourself and your family. That is why I write. I want to help people improve the quality of their financial lives. I want you to be self-made.  I want you to be a financial rock star. To fulfill your dreams. And if you happen to look for suggestions on good reading materials, you can come here.

May I suggest this literacy classic be one of those books, The Count of Monte Cristo, on your road to wealth that you pick up along the way. Or check out the movie and see how the story ends.

If you enjoyed this post, then you will not regret it.

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Are car loans worth giving up $1 million dollars?

Ferrari 458, Ferrari, 458, Spider, Red, Sports Car

If you have seen the news headlines recently, then you know many people are in debt up to their eyeballs.

What you may not have known is that car loans are starting to become an even bigger drain on finances than people ever thought possible.

It was reported that 7 million Americans are 90 days delinquent on auto loans. It was even in the news that in the UK financing is become all the norm and putting lots of people in debt. Similar to American consumers, British consumers are driving themselves into the red.

It makes you wonder if financing or leasing a vehicle the fast lane to debt?

Many seem to think so. Myself included.

If you have been reading my posts, you know how I feel about cars. They put you on the fast track to bebtville, if you are not careful.

So, how can financing cars cost you $1 million dollars?

I’ll show you.

A LOOK BACK THROUGH TIME

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I may not be able to take you back in time by going 88 miles an hour like in the movie Back to the Future, but I can give you a glimpse into what things cost by providing you the data here.

Back when Henry Ford was working on the Model T vehicle for the Ford dealership, he believed in pricing his vehicles at a rate that even his employees could afford. He said to pay a fair wage good enough so that his factory workers could afford to buy his car. Oh how things have changed.

CEO’s used to make 20 times their employees wages on average, now they make 300 times more.

As wages have stagnated since the 1970’s, but the cost of everything has gone up, it has made it very difficult for people to afford the price of a vehicle today.

Let’s talk about the average cost of a car in 2019.

COMPARISON SHOPPING

I will give you a quick rundown of the average cost of homes and cars over the last few decades.

This is a comparison of prices over the last 70 years.

Average Cost Of New Home Homes
1930 $3,845.00 , 1940 $3,920.00, 1950 $8,450.00 , 1960 $12,700.00 , 1970 $23,450.00 , 1980 $68,700.00 , 1990 $123,000.00 , 2008 $238,880 , 2013 $289,500 ,
Average Wages 
1930 $1,970.00 , 1940 $1,725.00, 1950 $3,210.00 , 1960 $5,315.00, 1970 $9,400.00 , 1980 $19,500.00 , 1990 $28,960.00 , 2008 $40,523 , 2012 $44,321 ,
Average Cost of New Car Cars 
1930 $600.00 , 1940 $850.00, 1950 $1,510.00 , 1960 $2,600.00 , 
1970 $3,450.00 , 1980 $7,200.00 , 1990 $16,950.00 , 2008 $27,958 , 2013 $31,352 ,
Average Cost Gallon Of Gas 
1930 10 cents , 1940 11 cents , 1950 18 cents , 1960 25 cents , 
1970 36 cents , 1980 $1.19 , 1990 $1.34 , 2009 $2.051 , 2013 $3.80,
Average Cost Loaf of Bread Food 
1930 9 cents , 1940 10 cents , 1950 12 cents , 1960 22 cents , 
1970 25 cents , 1980 50 cents , 1990 70 cents , 2008 $2.79 , 2013 $1.98 ,
Average Cost 1lb Hamburger Meat 
1930 12 cents , 1940 20 cents , 1950 30 cents , 1960 45 cents , 
1970 70 cents , 1980 99 cents , 1990 89 cents , 2009 $3.99 , 2013 $4.68

Prices retrieved from http://www.thepeoplehistory.com/70yearsofpricechange.html

If you focus just on the average cost of new cars, you will notice that a car that was $600 in 1930 is now $31,352 in 2013. The cost of a car has gone up over 5000% in 90 years. Wages have gone up 2250% in the same amount of time.

According to the U.S. Census Bureau, median household income in the United States is $56,516 in 2015. The price of cars have outpaced the increase in wages.

That’s something to think about right there.

WHY SHOULD I FINANCE OR LEASE A CAR?

People used to get around by horse and buggy until the combustion engine was invented around 1885. Before that, people would rarely go more than 10 miles from home. That meant you worked, lived, and played within a 10-mile radius of home for your entire life.

Once the automobile was introduced, people were then able to work further from home. This provided more opportunities.

However, the price of cars has become so inflated that people are having to decide between paying for utilities or car payments.

If having a car was so great, then why have wages not kept up with inflation enough for people to truly be able to continue to afford and enjoy them. I feel the same way about clothes. If your job wanted you to dress in couture, then they should pay you couture wages.

My sister once said that if a job wanted you to dress in suits, then they would pay you enough for that. If they want you to wear designer clothes, but only pay minimum wage, then they get Target and Walmart. Haha. I laughed so hard at that. Cause it’s true.

When you find yourself needing a car, why not buy what is affordable?

You could finance a car that you plan to own or lease a car you plan to trade-in and trade-up in a few years. Either way, it’s going to cost you.

I say finance to own. Actually, if you can, I prefer you pay cash for all appliances and that includes a car.

HOW TO SAVE $1 MILLION DOLLARS BY NOT BUYING A CAR

Let me tell you story.

I’ll paint you a picture, like Sophia would in Golden Girls.

Image result for golden girls picture this gif

Picture it: Washington DC 2003…

It was a brisk day in early Spring. A car salesman was trying to sell me a more expensive model of the car I wanted, but I declined.

While I waited to sign on the dotted line, I was so nervous my hands were sweating. It took all day, but I finally got my new car. Sticker price: $24,000.

I was informed that I would be paying $450 a month. I walked out and was happy to have a brand new car. Skipping merrily along my way before reality would sink in.

A mere three years later, as I wrote out that check, I was sick of writing it by then and told myself NEVER again!

I finally paid that car off in 2009. And am happy to report I have not had a car loan since. I spent about 6 years of my adult life paying car notes. I promised myself never again. I have not had a car payment in a decade. I used that money to pay off debt, save, and invest. I turned that car payment into $100,000 in the stock market.

See my post How I turned a $450 car payment into $100,000

And check out my other posts on cars.

A car and nothing more

I won’t stop now, cause it’s Ford cars for life

If you want to be wealthy, drive a Ford

I also started saving thousands of dollars in a rainy day fund.

Check out my ebook and See my post How Millennial Money inspired me to start saving $13,333.06 a year

After doing some math, I found out that $100,000 invested in the stock market could turn into $1 million dollars in 30 years. In addition, if you were to put $5,500 in a Roth IRA for 35 years at an 8% return, you could net a $1 million-dollar portfolio.

Don’t think you can swing that? I think you can. I’ll tell you why.

You could spend a couple hundred grand on cars in a lifetime.

Let me show you how.

The average car payment is over $500 a month. According to Nerdwallet, the average is $530 a month for a car note. That is $6,000 a year. If you are paying that, then that is your retirement money right there.

If you buy a new car every 5 years, at $34,000, then over 30 years you would have spent $204,000. And that is just the sticker price! That does not include interest, gas, maintenance, car washes or accessories like a steering wheel cover.

If you can just save a few thousand dollars and buy a car for cash, then you can save yourself thousands of dollars in interest and more. You could slowly trade up every couple of years as you save more cash and upgrade your car.

Do not give up potentially $1 million dollars on cars because no vehicle is worth giving up that.  

What I loved about Saturday Morning cartoons

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Generosity has built America. When we fail to invest in children, we have to pay the cost. – Bob Keeshan, Captain Kangaroo

If you grew up in the 1960s through the 1990s, then you know all about Saturday morning cartoons.

They aired between 8 am and noon. It was one of my favorite things to do besides playing video games on Saturday mornings. The best part about those cartoons were the lessons they taught. At least, that is my opinion. I later found out that programs that are geared towards children are required to be educational. I appreciated that. 😉

Those cartoons helped shape the person I am today. The name of my blog even comes from an animated episode of X-Men, and the character Magneto.

If you read my Meet Miriam page, then you already know some of my favorites. Here is a quick recap of some of those toons.

Memories…

Muppet Babies – Baby versions of Jim Henson’s Muppets imagine themselves in fantastic situations. The show aired from September 15, 1984 to November 2, 1991. The show had episodes that discussed morals, teamwork, love, friendship, and ethics.

Jem and the Holograms – Adventures of a music company owner who uses a holographic computer to live a secret life as a rock star originally aired from 1985-88. Jerrica Benton owns Starlight music and is the leader of the rock band Jem and the Holograms. Jem is her alter ego. Her earrings produce holographic images of anything Jem requests. In addition, she ran Starlight house, a home for foster girls. The show ran from October 6, 1985 to May 2, 1988.

G.I. Joe – Animated series from the mid-1980s tells the saga of a fearless, globe-trotting special missions force — called G.I. Joe — which works to combat Cobra, an organization with an evil commander bent on world domination. On land, on sea, and in the air — whenever trouble breaks out around the world, G.I. Joe is there, ready to battle for ideals that America values. The show aired from September 12, 1983 to November 20, 1986.

ThunderCats – “ThunderCats” follows the adventures of a group of catlike humanoid aliens from the planet Thundera. When the dying planet meets its end, the group, known as the ThunderCats, is forced to flee its homeland. The end up on Third Earth and are constantly attacked by the Mutants of Plun-Darr and Mum-Ra. This show was very mature. It was well-written, story-driven, incredible tales of humility, strength, endurance, morality, and ethics. The show aired from January 23, 1985 to September 30, 1988.

I cannot stress enough how vital it was for me to watch these cartoons growing up. Sure, I went to school, read books, and went outside to play, but cartoons just stimulated my interest like nothing else. I love to be entertained. That is one great way to teach me.

Like Nirvana said, “entertain us.”

See my post on How Dave Grohl turned Passion into Profits

One of the biggest influences during this era was Captain Kangaroo, which was a character played by Bob Keeshan. He was no Mr. Rogers, but he had a way with words. He was able to captivate an audience of 3 year-olds and believe me that is no small thing to do.

Without further ado, I bring you what I love about Saturday morning cartoons.

But first…

WHO IS BOB KEESHAN?

Parents are the ultimate role models for children. Every word, movement and action has an effect. No other person or outside force has a greater influence on a child than the parent. – Bob Keeshan

The best teacher is an entertainer. – Bob Keeshan

Robert James Keeshan was born on June 27, 1927. was an American television producer and actor. He created and played the title role in the children’s television program Captain Kangaroo, which ran from 1955 to 1984, the longest-running nationally broadcast children’s television program of its day. He hosted The Captain Kangaroo show from 1955-1984 and one of my personal favorites in its original run CBS Storybreak in 1985.

See my post Money and Life Lessons I learned from CBS Storybreak’s Yeh-Shen

HOME IS WHERE THE HEART IS

Back in the old days, when I was a child, we sat around the family table at dinner time and exchanged our daily experiences. It wasn’t very organized, but everyone was recognized and all the news that had to be told was told by each family member. We listened to each other and the interest was not put on; it was real. – Bob Keeshan

One of my fondest memories from my childhood was watching cartoons. They taught me that I should know the difference between right and wrong, stand up for my beliefs, have principles and values. All things that have helped me successfully navigate adulthood and will help you in any setting you are in.

TELEVISION HAS ITS LIMITS

One of the big secrets of finding time is not to watch television. -Bob Keeshan

I read that Warren Buffet, one of the richest and greatest investors of all time, spends 80% of his day reading. In addition, that Bill Gates reads about 80 books a years and CEO’s read about 60 a year.

See my post Forget Simon, Do what Buffet says

Although, as a kid, I loved reading the Sunday comics; my favorite comic strip was The Peanuts, I also made time to read. Television is a condensed version of books. You have to read to get all the knowledge and shows for kids usually encouraged us to express our individuality and explore our creativity through reading more.

See my post Life Lessons from Race for your life Charlie Brown

From deciding to read about finances, I learned to do the following:

  • Start saving 40% or more of my income
  • Invest in index funds such as VTSAX, VFINX, or VITSX
  • Read 2 finance books a month

LISTEN

A child needs to be listened to and talked to at 3 and 4 and 5 years of age. Parents should not wait for the sophisticated conversation of a teenager. – Bob Keeshan

I cannot tell you how many times I had to tap dance sometimes in my house to be heard. When you have siblings you better find a way to stand out. However, there were times when I would start talking to adults and telling them how I felt. To my surprise, they listened. I learned not to be shy and to use my words not my fists. Keep all hands, feet, and objects to yourself. Got it!

I enjoy meeting not only contemporary children, but yesterday’s children as well. It’s nice to talk about the experiences we shared, they tell me, ‘You were a good friend.’ That’s the warmest part. Bob Keeshan

See my posts

Money and Life Lessons from The Pirates of Dark Water

They Shoot Greenbacks, Don’t They

BE GENTLE

It requires more strength to be gentle, so it’s the everyday encounters of life that I think we’ve prepared children for and prepared them to be good to other people and to consider other people. – Bob Keeshan

I would watch reruns of Mighty Mouse, Bewitched, and I Dream of Jeannie Growing Up. They all expressed some of the same ideals. You can catch more bees with honey than vinegar. So, be kind. NOBODY wants to work with a jerk. Treat people right. It comes back to you. 😉

See my post The Greatest Assets are People

I think just as importantly we prepare people for the definition of being gentle. – Bob Keeshan

When I think of that statement, I always think of Mr. T. He always treated people with decency and respect. He was well-spoken, direct, soft but firm. I have learned to do the same.

See my post Money and Life Lessons I Learned from Mr. T

PLAY IS SERIOUS STUFF

Play is the work of children. It’s very serious stuff. – Bob Keeshan

If I didn’t go outside to play, I would lose my mind. It just was what I needed to do. So, my parents let me stay outside all day. After, I did my homework.

Now that I look back, I think they may have done it to get a break from me. Regardless, I learned the value of true friendship and about life on the playground.

One of my friend’s mom’s was very sick. She was so sad about that. Understandably. So, we made sure to always check on her and her mom and ALWAYS asked her to come outside and play with us. This was when she would light up. One time she hurt herself really bad on the playground.  It was on concrete. I will never forget it, she cried all the way home and we went with her. We just wanted to make sure she was okay. Because that is what friends do.

A RUNDOWN OF SOME FAMOUS CARTOONS

Here is a short rundown of Saturday Morning cartoons. Nostalgia. Haha

The ones in bold are some of my favorites.

1960’s

The Flintstones

The Huckleberry Hound Show

The Quick Draw McGraw Show

The Yogi Bear Show

The Jetsons

Johnny Quest

The Magilla Gorilla Show

The Herculoids

Wacky Racers

The Perils of Penelope Pitstop

Dastardly and Muttley in Their Flying Machines

Scooby-Doo, Where Are You!

1970’s

The Pebbles and Bamm-Bamm Show

Josie and the Pussycats

Secret Squirrel

Help!….It’s the Hair Bear Bunch!

Wait Till Your Father Gets Home

Speed Buggy

Super Friends

The Addams Family

The Great Grape Ape Show

Dog Wonder

Tom & Jerry

Jabberjaw

Scooby’s All Star Laff-A-Lympics

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Captain Caveman and the Teen Angels

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1980’s

Super Friends

Richie Rich

The Smurfs

The Snorks

Pac-Man

Rainbow Bright

Strawberry Shortcake

My Little Ponies

Pound Puppies

The Paw-Paw Bears

Shirt Tales

Alvin and the Chipmunks

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Dennis the Menace

The 13 Ghosts of Scooby-Doo

CBS Storybreak

The Raccoons

The Wuzzles

Skeleton Warriors

Galaxy High

Fraggle Rock

Gummi Bears

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The Berenstain Bears

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Dungeons and Dragons

Voltron

Fantastic Max

1990’s

Tom & Jerry Kids

The Pirates of Dark Water

Camp Candy

Biker Mice from Mars

The Real Ghostbusters

Codename Kids NextDoor

The Powerpuff Girls

The Real Adventures of Johnny Quest

Bettlejuice

Here’s a shout out to Nickelodeon, the Cartoon Network and other afternoon or weekday morning cartoons

Garfield and Friends

Power Rangers

Wild and Crazy Kids

Dare

Noodles

Grimm’s Fairy Tale Classics

Woody Woodpecker

Mighty Mouse

Healthcliff

Gumby

Tiny Toon Adventures

The Care Bears

Pinky and the Brain

Hey Dude

The Adventures of the Little Koala

Noozles

Did I bring back any memories?

Is that list long enough for you? Did I miss any?

Let me know. And I will add it to the list.

Have you ever written a blog post about a cartoon? Let me know and I will add it to a running list right here in this post.

Hope you enjoyed.