The Single Largest Dropout In American History Will Certainly Make You Rethink Wealth Building

Monty Campbell blog

Americans are angry.

They’re angry because things have never looked so different. Never before has there been such a divide in our country. Never before has there been such a separation. Never before has there been such an obvious gap between… the haves and have not’s.

And we know this about anger – behind every instance of it lies….fear.

What are Americans afraid of?

They’re afraid that the divide they see between the wealthy and not wealthy is… permanent.

And they are right.


For decades upon decades, America’s middle class grew and grew. A middle class living meant rising wages, funds for your children’s college education and enough left over to put away for a retirement nest egg. Times were so good, it was a practically a given that children would end up better financially than their parents.

Those good times brought about significant advances in technology and innovation that improved everyone’s lives. Today, we live much better, easier, healthier and more convenient lives than any of the richest people in the world could have imagined just a century ago.

But starting in the mid-eighties a silent change started to occur. Like tectonic plates shifting unnoticeable under the surface, America’s finances were shifting. Wages in the middle class slowed and then flattened as the Technology Revolution made many middle class jobs obsolete or financially menial. Long the stalwart of middle class economy, the number of blue collar jobs shrunk, giving way to specialization and the Information Age.

Most in the middle class were so used to the near automatic improvement in their lives and their family’s lives each year, they never saw it coming. Many are still in denial.

But the facts don’t lie:

  • Pew Charitable Trusts, reports that a staggering third of Americans raised in the middle class fall out of it as adults.
  • Real median income for working-age Americans has fallen more than 12 percent since 2000.
  • Four out of five Americans say it’s harder to be middle class today than it was 25 years ago, according to a recent survey from online credit services company Elevate.
  • In the past 15 years, millions have fallen out of the middle class classification, with an analysis from Pew finding that each of the 50 states saw its share of middle-class families shrink during that period.

The share of American adults in middle-income households shrank from 61% in 1971 to 50% in 2015.

Where did they go? Into the category that grew by almost the same percentage – the lower income class.

Each day, people are literally falling out of the middle class. They’re dropping out. They pie is shrinking. They’re being forced out. It’s the largest financial exodus of its kind.

Have you noticed that when people have something serious to say, they often precede it with…”I’m not trying to alarm you, but…”.

Make no mistake friends.

I mean to alarm!

You see, what’s harming Americans is not the state of inequality. That’s just a boogeyman that the middle class invented to mask the real problem.

The real problem?


Complacency is the silent killer.

And it’s one of those situations many believe will never happen to them.

Remember Nokia?

For those of you who remember, in the early days of mobile telephones, Nokia was the brand to beat. The main advantage of their phone was ease of usability – in the days when everything was menu driven, their ease of use beat everyone else hands down.

But then they stumbled. And lost share. And fell behind.

During the press conference to announce Nokia’s smartphone division being acquired by Microsoft in 2013, Nokia CEO Stephen Elop ended his speech saying this:

“We didn’t do anything wrong, but somehow, we lost”.

There are lots of theories about what happened to Nokia but one theme that has appeared often is that their market dominance appeared to give rise to a degree of arrogance. And we know what arrogance can give birth to – complacency.

So many take the financial future for granted. Some folks become complacent and just coast. They fool themselves into believing that their state of being comfortable can’t be lost. They reason that they came from a middle class family, so the future will somehow be alright. They go to church, pay their taxes and keep their lawns mowed. How could anything go wrong to good people who haven’t done anything wrong?

There is a personal lesson here. Complacency affects individuals as much as organizations. If you keep doing what you have always done, you’re going to get less than what you’ve always received. Here me on this. I didn’t see you’ll get the same. You’ll get less. Our economy is way different than it was in the past. It rewards doers and thinkers. It punishes those who want to coast.

Re-read Elop’s statement. He’s practically saying, “How did this happen, we’re good people!”. Good people can fail. Good people can get behind. Good people can fall out of the middle class.

My advice?

Don’t let your guard down. Give yourself a kick in the butt if you have to.

If you’re in the middle class and are not fed up with that fact, find out why. Nobody has anything on you. Wealth is the great equalizer. If you’ll work for it, it will transcend you. Whining won’t. Excuse making won’t and scapegoating surely won’t.

Stay grounded. Remember the feelings you had when you were a child. What was it that you were going to do? Sail the world. Explore. Be rich.

Create stretch goals for yourself financially. Push your limits. Set ambitious goals. Challenge yourself to do better and to be better. The fact is, if you want to spend your life coasting, you will – all downhill.

Don’t be a know-it-all. Know what you know and what you don’t know. It’s strength, not weakness, to seek advice from others. Success leaves tracks. Follow them.

Welcome fresh ideas. Invite fresh new thinking that challenges your perspective. The truth is, surrounding yourself with people that don’t stretch you is like talking to yourself. Rather than spend your time with the naysayers who want to brush the pet excuse of inequality, go learn from the best. Never stop growing.

Compete with yourself. View success as a journey rather than as a destination. Focus on beating your best rather than anyone else out there. That way you’ll always be growing and learning from the best in the field — yourself.

If you’re not getting ahead, you’re getting behind. Don’t be complacent. Don’t drop out of the middle class. Drop in on the wealthy class.

Be free. Nothing else is worth it.

Financial Freedom Monty Campbell

P.S. Why aren’t you wealthy yet? It’s because of something you don’t know. Otherwise you’d already be rich! Isn’t it time to learn what you don’t know? Consider signing-up for my newsletter below, to help you build wealth faster.

P.S.S. Looking to make an overnight fortune? Don’t sign-up to receive my newsletter  below. There’s no magic secret. Becoming financially free takes time and dedication. But learning professional-grade money skills can have a life changing effect. If you’re ready to put in the work and learn, I can show you how to achieve financial freedom faster than normal. 

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Monty Campbell blog


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