Thought for food

Me (to my friend): Where do you invest to cater to your basic needs?

My friend: well, I don’t. Instead, I work for a company and they pay me for that.

Me: So, what about your time? Isn’t that an investment to your work place and in return you get paid?

My friend: If I don’t work, I will waste my time. (More confidently) At least, I am using my time positively and getting paid. If feels sooo goooood (smiling at me).

Most of the people in this world work for an organization or the government and they pay people for living. If the organization shuts down because of recession / bankruptcy, or government halts working due to political disputes, etc. (now you won’t deny this because you know what happened to America recently!), we all know what happens… insecurity, more and more jobless people, more financial strain, negative environment all around. In all this mess during recession, a person only cares about the salary that he/she is no more earning but completely ignores his/her skills that are developed while working for the organization/government.

A job is really a short-term solution to a long-term problem. – #Robert Kiyosaki

We should invest out time and effort at job for only two things in this order.

1.       Learn Skill.

2.       Earn money short-term.

When you learn a skill, you improve on it on the job (may be after the job) to make sure that works for you. For example, an accountant learns accounting and improves upon its fundamentals on the job. Also, he/she finds out that the accounting is interesting subject and will surely keep him/her happy if pursued for the life time. However, the individual should always keep in mind that his/her accounting skills are helping more to the organization. In long run, the accountant may start his own practice of accounting to make sure he is direct beneficiary of his skills.

To conclude, a person should INVEST time (the most precious entity in the world) and focus on skills development to make sure his/her basic needs are provided. 

Learn more and more skills and utilize them for your benefit and recession, government disputes, bankruptcies will not be able to touch your financial freedom forever!

Tell me what you think about the idea of focusing more on skills development than your SALARY. Do you think its going to change something in your life ?

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Many thanks for reading. Happy Investing !