There is a famous saying "You must gain control over your money or the lack of it will forever control you". What does this saying mean? If you live well below your means, you will have freedom from financial stress. But wouldn't it be better, if you could buy whatever you want and still enjoy freedom from financial stress? The secret…Just earn more money. Easy to say…tough to do…. But you have got to find a way out. How long can you live from hand to mouth? You will never have enough money to buy the things you need. Money to enjoy the good things you crave for. Money to lead a peaceful retired life. Want to know how to invest and lead a better life? Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.
Skill yourself
Remember your college days? You were constantly learning, as you moved from graduation to post graduation? Then you got a job in a good Company. You worked very hard…learning everyday…well, till the probation period got over. After that you just stopped learning. Why did you stop learning? You had no time….Felt learning was a waste of time…Had better things to do? Well whatever your reasons, you just stopped learning. Do you expect your Company to pay you more each year, while your skills remain the same?
Let us understand why you need to skill yourself (upgrade your skills), with an example. Akash and Anurag were classmates in computer engineering in a reputed college. Both of them were very good students and got placed in a good MNC IT Company. Akash and Anurag were both offered a salary of INR 5 Lakhs a year. Within 6 months, both of them got confirmed in the Company. After being confirmed in the Company, Akash started taking life easy. He was always enjoying himself…going out on parties… relaxing most of the time. He hardly paid any attention to the in house training, offered by his Company. Akash was not interested in up skilling himself. He just wanted to enjoy life. What was the result of this laid back approach? Akash found life very difficult in the Company. His juniors got promoted and Akash remained stuck in the same role. When the Company downsized, Akash found himself out of job. What was Anurag doing all this time? Anurag continued to remain focused, just as he was in his college days. Anurag paid a lot of attention to the in house training conducted by his Company. He learnt new programming languages and upgraded his skills. He was always logged on to websites, dedicated to teaching programming. His hard work soon yielded fruit. Anurag got a promotion and a hike in pay. A year later he was posted abroad. He was able to buy well…almost anything he wanted and lead the good life.
What do you learn from Akash's mistake? Akash never bothered to up skill himself and paid a heavy price for it. He lost his job and was soon living hand to mouth. Anurag on the other hand, focused on learning the latest programming languages and this paid good dividends. Anurag was not earning for a living. Work had become fun.
To read full article: http://indianmoney.com/how/money-trap---14---earning-for-living
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