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When Does Education End?

6/23/2021

For many of us, our college graduation signals the end of our formal education, but it doesn't have to be the end of our education. And it shouldn't be.

Something I've learned throughout life is the importance of continuing to grow. To keep on learning new things. Whether by reading. Watching. Participating. Or ideally, a combination of these elements.

If we don't do this, we become stagnant. We may miss new opportunities. New perspectives. New ideas.

But if we do, we continue to learn. Continue to grow. And will find new worlds of possibility opening up to us.

What are your thoughts on this?

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Are You an Employee or an Employer?

6/9/2021

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Here are the two paths that many people's lives follow:

1) working for a company
2) working for themselves

It is interesting to evaluate the pros and cons of each option.

When we work for a company, we can usually rely on a steady salary and benefits. We may have a set schedule -- something some people enjoy and others do not. But if our position is terminated, our entire income, benefits, etc. can vanish overnight. We are relying on something that may seem stable, and while organizations, unions, policies, etc. can contribute to higher levels of job security, if that job disappears, so do our salary and benefits. And if we have relied on that job as our sole source of income, we may be in trouble.

Instead of focusing on just one role, if we take the entrepreneurial route, we can have many. We can think of, create, and roll out many programs to create multiple streams of income. And some of it may be accomplished without us having to put in additional time to earn it once it's been setup -- passive income. If one stream of income gets diminished or eliminated entirely, there are likely still others bringing money in. Setting our own schedule usually comes along with this path. If we choose the entrepreneurial route, we do take on a good deal of risk. Success isn't guaranteed and there is a lot to learn. This route does NOT come with a stable salary and benefits.

Our personality, lifestyle, goals, and more will influence which path we choose. Maybe some folks will choose both! Which path seems like a better fit for you?

Thank you Robert Kiyosaki -- your book, Rich Dad Poor Dad, has allowed me to think about these ideas in more depth, process them, and share this post with the world!

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Money Mindset

6/2/2021

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Our attitude toward money MATTERS.

Most of us don't get a formal education on money in school. So, most of us end up learning about it from our social circle -- friends, family, and so on.

In order to generate true wealth in our lives, we must BELIEVE it is possible -- and this concept applies to ALL forms of wealth, not just financial.

If we believe we need to work hard at a salaried job and save money all our life, then that's most likely the path we'll take.

And if we believe that the path to wealth is finding creative ways to add value to others, then it's likely that we will follow this path.

What do you believe about money? Have you considered any other thoughts or perspectives on the topic that could challenge your current money mindset?

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When Does Education End?

Are You an Employee or an Employer?

Money Mindset

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