Invest in your future

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Avatar for Phiny
Written by
4 years ago

Schools prepare youths to get good jobs by teaching them to excel in different subject areas. The students often become what they study. Those who study medicine become medical doctors, those who study education become teachers. Youths who read law become lawyers while those who study banking end up as bankers. Many work hard and rise to top positions and their salaries rise with them. When they eventually retire, they discover that they need to run around to make ends meet. They start to pay for a mistake caused by the type of education their schools gave them.

The mistake in becoming what you study is that too many people forget to have a business of their own. They do not have personal businesses which they can mind. They spend their lives working for others, taking care of other people's business and making them rich. They do not think of how to work for themselves and acquire wealth.

If you want to be rich, you must start by buying assets, even when you are employed by others. You buy assets, not liabilities. The difference is that an asset is something that brings you money. A liability takes out of your pocket. A person who keeps buying expensive clothes, handsets or cars is acquiring liabilities. They consume money and never give. You have assets when you put your money in a business which others run for you and give you money.

It is important that one should start having assets before they leave home, get married, have kids, and face the problems of running their own homes.

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Comments

you have spoken well. To succeed you must start investing both in yourself and in your future. Assets are good but skill is best.

$ 0.00
4 years ago

To succeed, one must really invest in one's future.@ErdoganTalk

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4 years ago