Are Paper Qualifications Important?

When we were young, many of our parents exhorted us to study hard and find a good job. For most common people, the goal of life is to obtain a respectable income, work hard and then retire. For this plan to work – if it even works, that is – one has to obtain certification of the highest calibre possible. Failure to do so would mean a lower income and consequently a less comfortable life. However, industries are no longer looking for individuals with extraordinary academic qualifications. In fact, unemployment numbers are going up and it is common to be retrenched at middle age – commonly known as mid-life crisis. Clearly, relying solely on a high-paying job is not sustainable in the long run. This brings us back to the question: Is certification that important? Is it a crucial part of success? My answer to this is a resounding NO. In this article, I will the discuss the reasons for this viewpoint and attempt to convince my readers that a person’s learning attitude is of higher importance. Before you continue reading, do follow me and subscribe to my newsletter!

Advertisements

#1: A Person’s Learning Attitude Matters More

Photo by Jay-r Alvarez on Pexels.com

Knowledge without wisdom is inherently useless. Without the desire to learn, to improve and to explore, your mind will be the prison in which you will rot. The world is advancing rapidly even as we speak. Those who do not embrace change will be swept and blindsided by it. In life, we will inevitably face many crises that threaten to turn our lives upside down, the most recent being the COVID-19 pandemic that threatened job security around the world. It is of paramount importance that we learn to adapt to our surroundings and learn a little of everything. Learning a little of everything refers to exploring all sorts of skills and industries with an open heart, regardless of your current biases. Thus, you will be better prepared to move from industry to industry. Those who master this skill will often fare better than those who have loads and loads of qualifications for a certain skill but know nothing about everything else. Those who are overspecialised face higher risks of becoming obsolete. For instance, a world-class pianist who loses control of his hands due to paralysis will not be able to earn as much as he used to. Furthermore, he has no skills that are valuable in other industries. In other words, placing all your eggs in one basket is not a wise decision.

Advertisements

#2: Certification Is Nothing If You Lack Financial Intelligence

Photo by Lorenzo on Pexels.com

Why is it that there are highly educated individuals who face money problems or bankruptcy? How is it that individuals such as Warren Buffett and Donald Trump, who may seem less educated and qualified, are able to build their wealth while others struggle? The difference between the upper and middle classes is financial intelligence. In other words, those who do not know how to control their finances will eventually find themselves controlled by money. How is this so? See, the difference is that the rich let money work for them, while the poor work all their lives for money. The poor work incessantly – our parents once told us to “work hard and get a secure, high paying job” – in hopes of a pay raise. Even after these individuals obtain their beloved pay raises, they still have no idea how to use their hard-earned cash. Often, they lose their hard-earned cash due to taxes and high expenses, which threaten to devour them alive. And when they find themselves without a job, they realise they have nothing left – assets – to rely on. Those who believe that the government care for them will also find themselves disappointed – there has been cases, not only in the US, where governments are unable to provide the money for citizens’ retirement. The rich on the other hand, spend their lives buying assets – stocks, bonds and real estate. Moreover, the rich lead frugal lifestyles so as to reduce their expenses and set aside more towards assets. Initially, time and effort is required in managing and growing these assets. However, after a period of time, the assets no longer need the care of their owners – these assets have become so extensive and self-sustaining that they are paying for themselves over and over. This is much like growing a tree – at first, extensive and regular watering is needed. However, after a while, the tree’s roots become so deep and extensive that they no longer need the support of their owners. In other words, the rich no longer have to work for money, as money works for them now. In conclusion, certification will not help you, in any way, to effectively survive the conditions of this world. You need to have the attitude to learn and diligently build up your financial intelligence.

Advertisements

#3: Social Intelligence Plays A Bigger Part In Success Than Certification

Photo by Pixabay on Pexels.com

Every human brain consists of the left hemisphere, which is responsible for technical knowledge such as mathematics, and the right hemisphere, which is responsible for more abstract subjects like emotions and visualisation. Often, we focus on cultivating our left brains so much that we forget about the right. A scientist can make amazing discoveries, but without the skill to present it to others, his work inevitably ends up lost in time. No one is an island. Each and every one of us has to work with others one way or another. As the saying goes, “If you want to go fast, go alone. If you want to go far, go together.” Without the help of others, we will struggle on the path to success – some of us may even die trying. On the other hand, with the support of our friends, associates and loved ones, attaining success becomes easier. That being said, developing one’s social intelligence is easier said than done. Cultivating it requires self-reflection and empathy. Furthermore, the building of trust between 2 or more parties requires time. While it is difficult, mastering the art of social intelligence will pay dividends down the road and make life easier.

Advertisements

Conclusion

Moral of the story: Certification is not a one-way ticket to success. To achieve success, one must cultivate one’s financial and social intelligence, and possess the passion to learn continuously. The world is changing rapidly. We should embrace change rather than go against it. I hope that you found some enlightenment from my article. If you did find this article helpful, do consider giving it a like! Do follow me and subscribe to my newsletter if you haven’t done so! Thanks for reading!

Advertisements

Further Reading

Advertisements

Here’s Why You Shouldn’t Gamble

Some of us might end up gambling from time to time. We are enticed by the opportunity to earn some cold, hard cash. But is it worth your time and your money? Gambling has been shown to be a harmful and destructive habit which destroys relationships and induces poverty. In this article, we shall discuss this topic in further detail. Before you continue reading, do follow me and subscribe to my newsletter! Without further ado, let’s jump right in.

#1: You Will End Up Losing Money

Photo by Pixabay on Pexels.com

Many become excited by the prospect by earning large amounts of money in the casino or even illegal gambling dens. However, overall, you will only end up losing your hard-earned money. Let’s take a look at an example. About 85% of adults in the U.S. have gambled at least once in their life and the gambling industry takes in about $500 billion a year. Yes, that’s a lot of money. In fact, statistics have shown that over 95% of gamblers end up losing money overall. But how? This is because the games in casinos are handled in such a way that the casinos, otherwise known as the “house”, will almost always have the advantage. Furthermore, casinos leverage on the compulsion of gamblers to keep them coming back.

#2: Relationships Are Destroyed

Photo by burak kostak on Pexels.com

People who suffer from gambling addiction may find themselves siphoning large amounts of money from their precious savings and those of their loved ones, just to sustain their habits. Some might even engage in illegal activities so as to repay the debts caused by gambling. Furthermore, these addicts almost always spend large amounts of time gambling and report difficulty in quitting. Consequently, the time these people spend with their loved ones and family decreases, and naturally relationships are broken. A child might be ashamed of his father’s compulsive gambling behaviour, while a spouse might become increasingly suspicious and untrusting towards his/her partner. This is often worsened by financial difficulties caused by the aforementioned addiction.

#3: Mental Health

Photo by Kelly Lacy on Pexels.com

By itself, gambling can be a highly stressful activity, with numerous highs and lows. As a gambler becomes increasingly consumed in the activity, he/she might experience mood swings, anxiety and decreased self control. He/she might find himself/herself worrying constantly about whether he/she will gain or lose money in the next run. Losing money can be extremely uncomfortable and demoralising for such individuals, thereby triggering explosive outbursts of anger. This is just the tip of the iceberg. After a long period of time and without changes to such behaviour, the individual might find himself/herself in financial difficulties. This is worsened by the broken relationships caused by gambling. As such, the individual’s stress might culminate to a point where he/she thinks of suicide. To add credibility to this point, research commissioned by a leading UK gambling charity, GambleAware, found that gamblers were six times more likely to have thoughts of suicide or attempt suicide.

Conclusion

Gambling is not a reliable way to earn money and most of you who have done so before might find yourselves losing large amounts of money. I hope that this article was helpful to you, and if it was, do give it a like! Thanks for reading and stay tuned for my next article.

Will Money Make You Happy?

This is a controversial question pondered by many. Indeed, money can buy you lots of stuff and grant you a better life. But is it the key to happiness? It is the desire of all men to be happy and many aim to be rich. However, money can also blind you, destroy you and take everything you love away. So, is there a definite answer? In this article, we shall discuss this topic in detail and analyse whether money is the definite answer to happiness. Before you continue reading, do follow me and subscribe to my newsletter! Your support is greatly appreciated. Without further ado, let’s begin right away.

Yes, Money Can Give You Happiness To A Certain Degree

Photo by Andrea Piacquadio on Pexels.com

As mentioned earlier, money is able to grant you a better life. It can be used to buy food, luxuries and many other items that you desire. Money takes care of our basic needs and ensures our survival. It gives you freedom to control your life, do what you love to do and help others as well. For example, saving up money ensures that your current/future children will not have to worry about their education. I think we can all agree on this point.

However, There’s A Catch

Source: https://www.financemagnates.com/forex/bloggers/greed-vs-generosity-which-gives-a-better-competitive-advantage/

Money is indeed useful and important in our lives. However, obsession with money can end up destroying you. Many people yearn to be rich and often, quickly. As a result, they are willing to do almost anything just to get more money in their pockets. For example, some might end up becoming addicted to gambling while others might engage in illegal activities. On the other hand, many become obsessed with the power of money and what it can do. In fact, many end up spending a large portion of their money on unneeded and frivolous luxuries. Consequently, they are most likely to end up in debt and poverty. But this doesn’t stop here. Not only does the greed of money affect your financial decisions, but it also changes your character and how you interact with others. It creates selfish men and/or women who will stop at nothing to gain more power and money, even if it is at the expense of their loved ones. Still unconvinced? Mr. Krabs from the famous Spongebob Squarepants cartoon show is a great example of how money can influence men and is the personification of greed itself.

Conclusion

This has been a short post so far, but the main point I would like to bring across is that, as with all things in life, everything must be done in moderation. Sure, money is important, but we shouldn’t be overly obsessed with it. We must learn to be content with what we have and to place God, our families, our loved ones and human life above the material things of the world. The greed and obsession of money has destroyed many men in history, so don’t let yourself become the next person on the list. If this article was helpful to you in any way, do consider giving it a like! Thanks for reading and stay tuned for my next article!

Rich People: Expectations vs Reality

How many of you dream to be rich? What does being rich mean to you? Do you imagine yourself with Gucci bags, with jewellery and with a grand-looking house? If you do, then you are mistaken. In fact, rich people are more frugal than you think! Before you continue reading, do follow me and subscribe to my newsletter. Without further ado, let’s hop right in!

Expectation #1: They Spend Money Like It’s Nothing

Photo by Andrea Piacquadio on Pexels.com

Many of us imagine the rich to spend their money like it’s nothing. We imagine them to spend on all the jewellery, properties and physical items they can get their hands on.

Reality #1: Most of the Rich Are Extremely Frugal!

Photo by Joslyn Pickens on Pexels.com

Here’s the truth. The rich use their money carefully and do not spend it on unnecessary items. Now you might ask, “That’s crazy! They have loads of money, but they don’t do anything with it?” Don’t worry, you’re not alone. Society and its forms of entertainment have brainwashed us into thinking the wealthy live extravagantly. In fact, when we are told to imagine a rich man/woman, we imagine him/her in expensive clothing, with luxurious cars and a dozen villas. However, this is not the practice of the wealthy. The wealthy know that the money spent on these luxuries could be used to start other businesses, invest and save. This multiplies their wealth even more! Of course, the wealthy pamper themselves once in while, however, they understand that those who spend money recklessly are those who will lose their fortunes.

Expectation #2: They Are Wealthy Because of Luck

Photo by Engin Akyurt on Pexels.com

The majority of us are led to believe that the wealthy either inherited their wealth or got lucky along the way. Many of us believe that the rich got their wealth from the lottery, gambling or being lucky in the stock market, while others believe that the only way to be rich is to inherit it from one’s parents or relatives.

Reality #2: They Are Wealthy Because They Work Hard

Photo by Mateusz Dach on Pexels.com

Yes, it is true that one can be wealthy because of his/her inheritance or being lucky in the stock market. However, without working hard and using their money carefully, these people will end up losing their wealth and sliding back into poverty. The rich, however, are the ones that are hardworking and persevere. In fact, many who were poor have become rich after years of hard work! One good example is blogging. Many people dismiss blogging as a mere hobby which is unable to generate real and reliable profits. However, there are those who have made their fortune through blogging! But how did they achieve this? These six or seven figure bloggers didn’t just get lucky. In fact, these are the bloggers who endured years of failure and constant learning before achieving their goals! To these people, failure is nothing but an interlude between two successes. You see, you can earn your fortune from just about anything – as long as it does not go against the law and is moral – if you are willing to sacrifice and persist.

Expectation #3: Rich People Are Lazy

Photo by Chris Goodwin on Pexels.com

It is common to imagine the rich as lazy people who spend every single day enjoying their luxuries and doing nothing else. Most of us believe the rich do not work and live worry-free lives. But is this wholly true?

Reality #3: The Rich Constantly Learn and Look For New Opportunities

Photo by olia danilevich on Pexels.com

Those who are truly wealthy know that lazing around will only result in losing one’s fortune. In fact, the rich understand that change is the only constant and that they have to embrace it. Those who grow arrogant and lazy are those who will fall behind in the race. Knowing this, they learn constantly to keep themselves up to date and look for new opportunities to expand their fortune. Evidently, many of the rich keep a reading habit! (If you would like to learn more about the benefits of reading, do visit https://bestofwrite.com/2020/12/01/why-you-should-read/) As a result, the wealthy are able to protect their fortune even when the unexpected might strike, for they are able to adapt regardless of the circumstances. These are the people who see the bigger picture.

Conclusion

Attaining, protecting and growing your wealth is a game of strategy. A strategist understands that he/she cannot afford to be lazy or reckless, for he/she would risk losing all that he/she has built. Secondly, being wealthy is a possibility for us all, regardless of our current financial situation. We are all blessed with a mind and it is up to us to use it appropriately and wisely. Thirdly, Rome was not built in a day, was it? Nothing comes for free and everything takes time, so don’t worry if you don’t see results yet.

If you enjoyed this article, do consider giving it a like! Thanks for reading and stay tuned for my next post.