''Doing the same thing over and over again YET expecting different results!'' Albert Einstein
As an employee, you can't stay at the same job forever and hope that a miracle will happen and your boss will suddenly give you a raise. Switching to another company will only provide a short-term solution to a long-term problem.
Sure, you can take up a second or even third job, but do you have enough hours and stamina in a day to sustain it?
The bottom line: Trading time for money isn’t wise in a financial sense in the long term. You keep increasing the hours just to win the rat race, but at the end of the day, you are still a rat in the mill!
Increasing your wages only puts you in a higher tax bracket. Your salaries increase but so do your expenses on your house and car. How will you invest in yourself when all the time you spend is working for a company, working for the government paying taxes, and working for the bank paying off your house and car? What if you fall sick and can't work tomorrow? Will the government take care of your family?
I highly doubt so.
So isn't it time to take your finances a tad more seriously?
Develop Your Financial IQ ebook will show you how to do that.
- Foundation In Financial IQ
- Definition of Insanity
- What is Money?
- Awareness Before Change
- Time And Money
- Ways To Achieve Wealth
- 2 Wealth-Building Models
- 3 Ways of Making Money
- The Most Important Rule In Investing
- What Does Investing Mean to People?
- Invest in Yourself
- The importance of Financial Education
- How To Get Out Of A Financial Mess
- Defensive Strategies
- Offensive Strategies
Interested in this topic? Check out our Blog article 11 Real-Life Lessons to Invest in Yourself