Tag Archive | "social economic status"

What is Your SES Stress?


What can we do when our SES is a mess?

stress

Image from the Aljazeer.com article “Income inequality will become more-pronounced as US ages”.  This information  highlights a huge and growing problem that anyone aged 50 and over faces.

All the major demographic, economic and social changes that have been going on for decades are just starting to catch up with older adults,

The number of seniors in the U.S. will more than double, from 46 million today to more than 98 million by 2060, when they will make up almost a quarter of the U.S. population.

The gray tsunami of the aging baby boomer population is projected to fuel a 75 percent increase in the number of older Americans needing nursing home care, from 1.3 million in 2010 to 2.3 million by 2030.

Socioeconomic status (SES) is our position in society, not just income but educational attainment, financial security, and many subjective perceptions of social status and social class that influences those around us and has a profund impact on how they treat us.

All the major demographic, economic and social changes that have been going on for decades are just starting to catch up with older adults,

The number of seniors in the U.S. will more than double, from 46 million today to more than 98 million by 2060, when they will make up almost a quarter of the U.S. population.

The gray tsunami of the aging baby boomer population is projected to fuel a 75 percent increase in the number of older Americans needing nursing home care, from 1.3 million in 2010 to 2.3 million by 2030.

Our SES is a huge force that determines our quality of life, our opportunities and our privileges afforded by others people.

Any crash in our SES is a shock that creates stress.

SES is central to the psychological health and well-being of individuals and communities (Blustein, 2008). Vocational and industrial –organizational psychology have demonstrated the importance of work and how it promotes connection to the broader social and economic world, enhances well-being, and provides a means for individual satisfaction and accomplishment

Changes in SES have a huge impact on our physical health and psychological well-being.

Take retirement as an example.  When people leave a position, a responsibility, a position of service and importance, many have a subtle reexamination of who they are, what they do and their SES.

The results, one study found, is that people who retire at age 55 and live to be at least 65 die sooner than people who retire at 65.  After age 65, the early retirees have a 37% higher risk of death than counterparts that retired at 65.  People who retire at 55 are 89% more likely to die in the 10 years after retirement than those who retire at 65.

Stress and SES

Stress, especially repetitive, persistent stress have detrimental effects on physical health.  Change in our SES can create more stress than just about anything else.

The shock of an SES change is a risk factor for hypertension, diabetes, upper extremity musculoskeletal problems, back problems, cardiovascular disease and mental deterioration.

There has been considerable research to understand how chronic stress creates downstream health problems and in 1993, two researchers (McEwen and Stellar) published a seminal review that created the concept of  “allostatic load”.  Allostatic load is a measure of the ratio between chronic stress and disease.

Allostatic load is “the wear and tear on the body” that accumulates as an individual is exposed to repeated or chronic stress.

A low or reduced SES has been shown to increase allostatic load.  Higher-level workers who have more personal choices in their lifestyles and more resources at their disposal, have lower levels of stress.

An article at Sciencedirect.com entitled “Stress, PTSD, and dementia” (2) documents a relationship between high allostatic load and later-life cognitive dysfunction.

The article says: Suggestive effects have been demonstrated for the role of life stress in general, and posttraumatic stress disorder in particular, on a range of negative cognitive outcomes, including worse than normal changes with aging, Alzheimer’s disease, and vascular dementia.

Income inequality ruins SES for many.  Despite the economic boom US income inequality continues to grow.

According to CNBC.com (3) “In 2015, the top 1 percent of families in the United States made more than 25 times what families in the bottom 99 percent did, according to a paper from the Economic Policy Institute.

Between the years 2009 to 2015, the incomes of those in the top 1 percent grew faster than the incomes of the bottom 99 percent in 43 states and the District of Columbia. In nine states, the income growth of the top 1 percent was half or more of all income growth in that time period.

This trend is a reversal of what happened in the United States in the years during and after the Great Depression. From 1928 until 1973, the share of income held by the top 1 percent declined in nearly every state.

That article referred to the year 2015.  According to a Forbes.com article, “Income Inequality Is Skyrocketing, Especially In These 5 States”, by 2018, the problem is worse.

One cannot avoid facing the fact that in several parts of the United States (if not, most parts) the top earners are getting richer, while the middle-to-lower-middle income majority are getting poorer.

Three of the top five worst states for income inequality rank among the most populous states in the country: California, No. 1; Washington, No. 13; and Massachusetts, No. 15, out of 50 states plus the District of Columbia. The other two states, however, are among the least populated: Montana and North Dakota.

And there are unnerving, clear examples of this trend across all levels of geography, from the city-level up to the state-level.

A Bloomberg  article “U.S. Income Inequality Hits a Disturbing New Threshold” (5) shows how this problem is even worse for many.

No wonder #blacklives matter and #metoo movements have been so strong.

The article says: An analysis of 17 years of census data shows that even a better education won’t close the gap for women and African-Americans.

U.S. wage growth remains slow and uneven, with African-Americans and women still at a clear disadvantage while the wealthiest are accumulating more money than ever.

Median real wages grew only 0.2 percent over the past year. By contrast, those in the 95th wage percentile saw an average pay hike of 1.5 percent over the past year.

Here’s are three reasons why huge amounts of SES stress are headed our way… soon. 

#1: Demographics create a huge grey wave of Boomers that are changing social roles.

#2: The economic boom is at a mature stage.  No one knows when the next recession will hit, but it will.

#3: The Industrial Military complex (Ike Eisenhower warned us) that favors the rich at the middle class expense is now firmly entrenched.  70 years of excessive promises and overspending by government and big business have left US finances in tatters.  Pensions are so underfunded they could be called bankrupt.  There is little left to help those who drop down the socioeconomic ladder.Increased SES stress is coming.  Prepare for it.  Gather your psychological and financial resources now, so as the majority of middle class in the Western world fall down the SES ladder, your position is secure.

Gary

One way to reduce SES stress is to be able to live anywhere and earn everywhere.

Live Anywhere – Earn Everywhere

How to Gain Extra Freedom – While Almost Everyone Loses Theirs.  Profit from post COVID-19 trends.

I invite you to join Merri and me in expecting the world to get better… to live and earn based on that expectation but…  to also prepare for bad times as well as good.

Just in case… the world goes sideways… we will still survive and prosper.

We do not give up anything much.  We can enjoy the good parts of the new economy, as we protect ourselves from what can be bad.

For example in my report “Live Anywhere-Earn Everywhere”,  you’ll see how to make your dining room table bring you more control, more time, more income and more freedom.  After all, what can be more accessible than a dining room table?

ecuador-banks

Dining room tables we worked from (and we also sold the tables for a profit).

You’ll even learn how to turn dining room tables into income and tax deductions as we have with these dining room tables we build out of local wood.

Let me be clear.  I expect that the world will get better, at least for the few who adapt and avoid the dangers that the changes from the COVID pandemic will bring. 

The wealth of the world, albeit with inequality, will continue to grow.  This collapse of the global economy will bring an incredible new opportunity for those who know what to do.  Thes profit making avenues offer enormous income potential and even work well in disaster scenarios.

Let me provide one simple, concrete example.  Ginseng.

This is a great health root.  The demand is growing especially in China.  At times good dried Ginseng sells for $1,000 a pound!  This is an incredible and easy crop to grow.   The less care you give it, the more valuable it can become.  Yet if everything goes south, the health qualities will be good to have and make it an excellent barter item.  Once you know what to do with ginseng, it’s easy to grow in your back yard.

Even better one of the best kept secrets is that ginseng and 125 other medicinal crops that are currently unsustainable but can be grown on land  that is extraordinarily cheap.

goldenseal ginseng

Ginseng we grew in our back yard.  I know about growing ginseng through experience and explain why and how in the report “Live Anywhere – Earn Everywhere”.

Loquats are another example of an easy to grow crop that help promote natural health.

loquats

Here I am by one of the many loquat trees at our Florida farm.

Loquats are a great fruit for making jam and such, but the loquat leaf has amazing medicinal qualities.  Its is a registered medicine in China and due to its anti viral and respiratory system enhancing qualities has an especially  growing demand right now.   The images below from Amazon.com show that the leaves sell for about a dollar per leaf!

I have many trees on the farm but started growing loquat seedlings last year.

loquat

Loquat leaf tea has become really important during the pandemic due to its respiratory strengthening qualities.

I have been drinking a lot of home made loquat leaf tea during the pandemic.

The report “Live Anywere-Earn Everywhere” shows specific places that reduce your living expenses, easily increases your income, makes you smarter, healthier and provides tax benefits as well. 

There are specific places where property is especially inexpensive, now because previous owners do not know about the special qualities created by the pandemic.

Learn about these specific places.  More important learn what makes these places special and seven freedom producing steps that you can use to find other similar spots of opportunity.

Here are some of the experiences this report shares:

The report includes a tax and career plan broken into four age groups, before you finish school, from age 25 to 50 – age 50-to 65 and what to do when you reach the age where tradition wants you to re-tire.  (Another clue-you do not need to retire and probably should not).

The report is very specific because it is about what Merri and I, our children and even my sister and thousands of our readers have done and are doing.

Live Anywhere – Earn Everywhere focuses on a system that takes advantage of living in Smalltown USA, but earning globally.

  • Learn about the magic of the north facing slope.   This is where Merri and I live almost half of our time.  North facing mountain land is some of the least expensive in the world but has hidden values that the report reveals.  There is a lot of this land and a lot of hidden value that you can tap.   When we bought our Blue Ridge farm (252 acres) I mentioned this to my Swiss banking friend.  “That’s bigger than the entire village where I live!” was his response.  Smalltown USA offers a last chance at having a lot of space.  By living in two Smalltown places there are enormous tax advantages as well.  One step in the system saves Merri and me over $28,345 in taxes a year.

The report shows how to buy cheap north facing slopes and create an income producing tiny home for $29,000 or less.

If you lack the $29,000 to invest, a start up using tents is even less.  These are tipis we put up at our farm before we built our first tiny home.  Learn how they can create tens of thousands of dollars in income for you.

Fwd: gary-scott-tipis

  • See ways that small businesses like Tipi rentals can be enhanced by the pandemic but also create BIG tax savings as well as extra income.  For more than 30 years Merri and I have enjoyed a strong six figure income, some years more, in the millions.  Yet there have been very few years when we had to pay federal income tax.  The report lays out a three structure program and how it is used when you are in school (up to age 30), then from 25 to 50, 50 to 70  and beyond 70.   Learn why Chapter C corporations and pensions can be better than the normally recommended Chapter S.  See how new mileage log rules gives you a possible opportunity to increase your tax deductions using IRS Form 4562.  Using a two-vehicle strategy you can gain $12,976 in new deductions even if you do not have to drive one mile further or spend one additional penny on your car.
  • See how a greenhouse can help you eat better and be healthier, plus provide income and a tax deduction and be funded by a government grant.

gary-scott-farming

Our North Carolina greenhouse.

gary scott greenhouse

Our Florida greenhouse.

  • There are similar benefits from having a second home office defined in IRS publication 463 and IRS publication 587, even if your desk is a dining room table.  The report also shows how your dining room table can become an actual income producer as its creates a huge tax deduction at the same time, not to mention a great place to eat, work and lay out plans for a brighter, safer more lucrative and enjoyable future.
  • Living in this environment is also healthier, economically as well as physically.  You’ll see in the report how researchers at Harvard found an amazing correlation between living in conditions found on north facing slopes, longevity and mental health.  The researchers were quite surprised by this strong correlation that also extended into mental health.  In addition to feeling better, reducing stress and having more Joie de Vivre the places outlined in “Live Anywhere-Earn Everywhere” can help you avoid hospitals, high cost disease management (aka health care) and BIG pharma while providing an investment opportunity in three plants that have some of the fastest growing demand in natural health care.  These three plants are just one of seven business opportunities that can create multiple streams of income.
  • How changes in cell phone and internet technology eliminated the need to be in one place.   An old law that creates new opportunity for small business in small towns is available to everyone.
  • Use the specific search and purchase guide.  Construction plans are included that show how to generate first tier income that leads to five, second tier avenues of earnings.
  • How to pay off old debt and avoid new debt by avoiding spurts and embracing value. 
  • Learn seven skills that will always have value.  See how to turn First Aid, medicinal plants, hospitality, food, trees, alternate energy and writing to sell into everlasting, low stress wealth.

merrily farms

This pond we created at our farm brought us pleasure but also helped create a safe, healthy food supply, extra income and a tax deduction as well.

My Guarantee

This may be the most important report I have written in 50 years.  The information is certainly the most urgent.  Do not delay.  The risks are upon us right now and you’ll understand how the final steps of the alliance are taking place as you read the current news.

To take any risk out of gaining this urgent information with my full satisfaction or money back guarantee.  If you are not totally happy, simply let me know.  I guarantee you can ask for a full refund any time within 60 days and I’ll refund your payment in full, no questions asked.

You can keep the reports as my thanks for ordering it.

Buy Live Anywhere, Earn Everywhere Report  $39.99

(1) America.aljazeera.com: Income inequality will become more-pronounced as US ages

(2) www.sciencedirect.com: Stress, PTSD, and dementia

(3) www.cnbc.com: Income inequality continues to grow in the United States

(4) forbes.com: Income inequality states

(5) www.bloomberg.com: America’s wage growth remains slow and uneven