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8 Shocking Reasons Why So Many Educated People Are Poor. - Education - Nairaland

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8 Shocking Reasons Why So Many Educated People Are Poor. by PetersKID(m): 3:56am On Sep 05, 2019
Why are so many educated poor? even after having so many
degrees,
On this article I will be sharing with you, 8 shocking reasons
why so many educated people are
poor, reason number 5 is the most important. So try and
read this article till the end.
1.Many Educated People Are Poor Because Financial
Education Isn't Given In Schools :
Wait a moment and think about it each time you mention
education the first thing people think about is school and
whenever we we think about school about school we
assume that school should teach children everything about
life, the opposite is the truth, take for instance you can be a
medical doctor or a lawyer and know everything about law
Profession unfortunately that doesn't mean that you anything
about money. In fact you can be an accountant who presses
calculator to calculate millions of dollars again that doesn't
mean you know anything about money, LOL.
The reason why most professions don't know anything about
money is because school wasn't design to give education
about money and it doesn't matter how long or how many
years or how many degrees you get in a formal education
system, am sorry you may not know anything about money
and because you know nothing about money you may be
dead broke Even with 5 degrees.
What is the way out?
Get financial education by reading good books about
money.
2.Second reason why most people are poor is because most
people become uneducated immediately after college :
What exactly do you think education is? For so many people
in the world education is that degree they go and get, for
others education is their certificate and degree "Don't tell
anyone "
Education isn't what you get in the classroom, education is
what you get everyday of your life.
A truly educated man is that man who learns everyday,
Education is like food as necessary as water, if we wake up
everyday to take oxygen and to eat then we should get
education every day.
Now, this is not the case for some people because
immediately their first degree they don't learn anything
meaningful again as they believe that they are already
educated.
What is the way out? Start seeing education as you see
water, water isn't what you drink once in your lifetime water
is what you take every day in your life.
3Many educated people are poor because the more time
you spend in school, the more you are likely to love Job.
Lets face it because school was design to train you on how
to become an employee the more time you spend in that
four walls the more you are likely to love Jobs. Because
jobs gives you Levirage to create wealth the more you love
jobs the less you are likely to become poor in a simple math
loving job simply means you are going to work for the rest
of your life with a single brain and with two hands and
nobody in the world create Wealth that way. Truly wealthy
people Who could work with 10,20 and 50 brains and
unfortunately no job allows you to do that, so because you
cannot work with 100 hands or work with 50 brains you don't
have the leverage like other people like entrepreneurs have
in creating wealth.
What is the way out?
While everyone cannot be entrepreneur, everyone can get
financial education, learn and master the art of investing, so
even if you're an employee you can learn about money and
investing, properly and be financially independent.
4.The forth Reason why Many Educated People Are Poor Is
because so many educated people believe they are
educated are actually arrogant.
So many people because they have have degrees they so
believe other guys who did not go to a high school doesn't
know anything, in this case they are not humbly enough to
learn.
What most arrogant people don't know is that young no
matter there level of formal education are the ones who
know where the world is going and few of the young people
who really know what they are doing know so much about
wealth.
Look at the internet for instance so many people who are
50years old don't really understand anything about how the
internet works on how they can use it to create wealth While
on the other hand an average 17years old that knows a lot
about internet is building wealth with it.
Do not be unnecessarily arrogant because you think you
have degrees many young people who never go to high
school are building unbelievable wealth, using modern
technology and
the internet.
Be humble and learn from the next generation.
5.The Fifth Reason Why Many Educated People Are Poor Is
Because, so many highly paid people buy a lot of liabilities.
You see it everywhere a guy who earns 70dollars a year,
thinks he is rich and he gets the most expensive smart phones ,latest cars,
biggest TV sets.
6.The Sixth Reason Why So Many People Are Could be
Poor Is Because Many Educated People Do lose their jobs.
In today's economy it doesn't matter how many degrees you
have, anything can happen ,then you lose your job.
Now this doesn't mean people don't loose their businesses
,every now and then people loose their business too, but
when you compare the possibility of losing your business to
the possibility of losing a job, then you going to see the
difference .
Lets take Rivers State for instance, during the administration of the ex governor who is currently the minister of transportation,
there was a particular agency known as TIMARIV they perform similar functions like the FRSC.
Do you know that this particular agency was removed within a twinkle of an eye immediately the current governor came in,
up till now there salaries have not been paid, now you see.
An employee's Job depends on the decision of another man
while an entrepreneur is in control of his job.
7.The seventh Reason why So Many Educated people Are
Poor is because The more time you spent in the classroom
the more you are likely to live your life alone.
8.The last Reason Why So Many Educated People Could Be
Poor Is Because taxes Are Made For Them.
In August 2011 Warrant Buffet wrote an opinion piece in
New York times ,he wrote about his 2010 federal taxes rate
of 17.4 % compare to 36.0% average rate paid by the twenty
other workers in his office.
How come the poor pay less taxes than the rich, taxes done
every where in the world was made for the employee's so
the more money you make the more tax you pay!
https://lollipopgist..com/2019/09/8-shocking-reasons-why-so-many-educated.html

1 Like 1 Share

Re: 8 Shocking Reasons Why So Many Educated People Are Poor. by Nobody: 5:53am On Sep 05, 2019
Please copy and paste better next time. Too disorganized pls.
Re: 8 Shocking Reasons Why So Many Educated People Are Poor. by garyaustin(m): 6:25am On Sep 05, 2019
PetersKID:
Why are so many educated poor? even after having so many
degrees,
On this article I will be sharing with you, 8 shocking reasons
why so many educated people are
poor, reason number 5 is the most important. So try and
read this article till the end.
1.Many Educated People Are Poor Because Financial
Education Isn't Given In Schools :
Wait a moment and think about it each time you mention
education the first thing people think about is school and
whenever we we think about school about school we
assume that school should teach children everything about
life, the opposite is the truth, take for instance you can be a
medical doctor or a lawyer and know everything about law
Profession unfortunately that doesn't mean that you anything
about money. In fact you can be an accountant who presses
calculator to calculate millions of dollars again that doesn't
mean you know anything about money, LOL.
The reason why most professions don't know anything about
money is because school wasn't design to give education
about money and it doesn't matter how long or how many
years or how many degrees you get in a formal education
system, am sorry you may not know anything about money
and because you know nothing about money you may be
dead broke Even with 5 degrees.
What is the way out?
Get financial education by reading good books about
money.
2.Second reason why most people are poor is because most
people become uneducated immediately after college :
What exactly do you think education is? For so many people
in the world education is that degree they go and get, for
others education is their certificate and degree "Don't tell
anyone "
Education isn't what you get in the classroom, education is
what you get everyday of your life.
A truly educated man is that man who learns everyday,
Education is like food as necessary as water, if we wake up
everyday to take oxygen and to eat then we should get
education every day.
Now, this is not the case for some people because
immediately their first degree they don't learn anything
meaningful again as they believe that they are already
educated.
What is the way out? Start seeing education as you see
water, water isn't what you drink once in your lifetime water
is what you take every day in your life.
3Many educated people are poor because the more time
you spend in school, the more you are likely to love Job.
Lets face it because school was design to train you on how
to become an employee the more time you spend in that
four walls the more you are likely to love Jobs. Because
jobs gives you Levirage to create wealth the more you love
jobs the less you are likely to become poor in a simple math
loving job simply means you are going to work for the rest
of your life with a single brain and with two hands and
nobody in the world create Wealth that way. Truly wealthy
people Who could work with 10,20 and 50 brains and
unfortunately no job allows you to do that, so because you
cannot work with 100 hands or work with 50 brains you don't
have the leverage like other people like entrepreneurs have
in creating wealth.
What is the way out?
While everyone cannot be entrepreneur, everyone can get
financial education, learn and master the art of investing, so
even if you're an employee you can learn about money and
investing, properly and be financially independent.
4.The forth Reason why Many Educated People Are Poor Is
because so many educated people believe they are
educated are actually arrogant.
So many people because they have have degrees they so
believe other guys who did not go to a high school doesn't
know anything, in this case they are not humbly enough to
learn.
What most arrogant people don't know is that young no
matter there level of formal education are the ones who
know where the world is going and few of the young people
who really know what they are doing know so much about
wealth.
Look at the internet for instance so many people who are
50years old don't really understand anything about how the
internet works on how they can use it to create wealth While
on the other hand an average 17years old that knows a lot
about internet is building wealth with it.
Do not be unnecessarily arrogant because you think you
have degrees many young people who never go to high
school are building unbelievable wealth, using modern
technology and
the internet.
Be humble and learn from the next generation.
5.The Fifth Reason Why Many Educated People Are Poor Is
Because, so many highly paid people buy a lot of liabilities.
You see it everywhere a guy who earns 70dollars a year,
thinks he is rich and he gets the most expensive smart phones ,latest cars,
biggest TV sets.
6.The Sixth Reason Why So Many People Are Could be
Poor Is Because Many Educated People Do lose their jobs.
In today's economy it doesn't matter how many degrees you
have, anything can happen ,then you lose your job.
Now this doesn't mean people don't loose their businesses
,every now and then people loose their business too, but
when you compare the possibility of losing your business to
the possibility of losing a job, then you going to see the
difference .
Lets take Rivers State for instance, during the administration of the ex governor who is currently the minister of transportation,
there was a particular agency known as TIMARIV they perform similar functions like the FRSC.
Do you know that this particular agency was removed within a twinkle of an eye immediately the current governor came in,
up till now there salaries have not been paid, now you see.
An employee's Job depends on the decision of another man
while an entrepreneur is in control of his job.
7.The seventh Reason why So Many Educated people Are
Poor is because The more time you spent in the classroom
the more you are likely to live your life alone.
8.The last Reason Why So Many Educated People Could Be
Poor Is Because taxes Are Made For Them.
In August 2011 Warrant Buffet wrote an opinion piece in
New York times ,he wrote about his 2010 federal taxes rate
of 17.4 % compare to 36.0% average rate paid by the twenty
other workers in his office.
How come the poor pay less taxes than the rich, taxes done
every where in the world was made for the employee's so
the more money you make the more tax you pay!
https://lollipopgist..com/2019/09/8-shocking-reasons-why-so-many-educated.html
Please recommend books on financial education. Thank you.
Re: 8 Shocking Reasons Why So Many Educated People Are Poor. by emmanueljonado(m): 5:16pm On Sep 05, 2019
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So instead of wasting your data online doing nothing to increase your income as an employee, you can start a side business using graphic design skills.

Imagine you offering this service to not just your company but other companies and most of them recommend you to other organizations, that is already a plus to you as an employee.

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