Happiness, independence mean creating financial security

With the U.S. celebrating its independence July 4, have you ever considered celebrating your own personal independence?

Not the independence that you gain when you move 400 miles away from home or the independence of having a job that enables you to pay for rent, food and textbooks.

The independence I’m talking about is financial freedom; one that liberates us from a routine eight-hour job that establishes our socioeconomic status.

After college, many of us will go out to look for a full-time job where someone will tell us when to eat, take a break and how much our work is worth per hour. A job is necessary, but it is not the key to living the lifestyle we deserve.

The vast majority of students believe that a college education will lead to high-paying jobs that will provide us with time and money to spend with family, friends and the world.

Sure, we might have to work a 9-to-5 job for a few years, but not until we are in our sixties.

While Americans are living longer, members of the House of Representatives recently voted to cut $1.7 billion in funding for the Social Security Administration.

According to the World Bank, the average life expectancy in America is 78.7 years. Yet, the House of Representatives voted on a budget that would put seniors at the mercy of insurance companies, raise the Medicare eligibility age from 65 to 67, and slash Medicaid spending by $1.4 trillion, according to DailyNewsPulse.com.

Do you look forward to your senior years?

Perhaps for the average 23-year-old college student, social security issues seem very far down the line. The California State University budget could be cut by about $500 million next year under Gov. Jerry Brown’s proposed budget, which translates to higher fees. But social security? It’s so far off. But with the current level of cuts and more coming, what will be left for us?

Will we be prepared to send our children to the university they choose 20-25 years later without again falling into the trap of student loan debt?

It is time we change our mindset. The government does not owe us financial peace. Budget cuts to social services and education will continue. It’s time we unveil our most insatiable desires and pursue them.

According to Keelan Cunningham, an author and businessman, 90 percent of people will be broke within three months of losing their job, and only 3 percent of people retire financially independent at the age of 65.

Dear colleagues, what mindsets will you inherit to your future generations? What will your cry of independence be?