Career and Finance: The conflict betwen investing in your career and spending

Thursday, April 2, 2015

The conflict betwen investing in your career and spending

The post today is about investing in your career and spending, and the conflicts arising from the decision as to which way to go. 
     Many people are in trouble today because of the bad financial decision they made regarding investing in their careers or spending money on things that give them immediate pleasure. We know capitalist economy offers the opportunity for people to advertise their products and services. In this way, they can attract you to buy them. This is a known fact and we all are subjected to that. The problem lies on how you make your priorities, especially, for those on low income. Do you buy things just to impress people or be in fashion, or do you buy things because you really need them? If you belong to the first group, then think twice. It is very important to know that the decision we make ultimately determines our end game. If the decision is a good one, the end game has to be good. If the decision is bad, the result will also be bad. Many people will always give the excuse of poverty as a justification for not making progress in life. However, a closer look at their spending habit will show you that they are not saying the truth. Their main problem is that they are trading their future for the present. That is, the spending side of the conflict is winning the investing side. They overspend their income on things that give them immediate pleasure. As a result, they can never make progress in their career. This will eventually lead them to enter into a rat race or catch 22 phenomenon. A rat race is a situation whereby a person does not make enough living because He or she does not have the necessary skill. On the other hand, the person does not have the necessary skill to progress in career because he does not make enough money to pay for the skills. The problem gets worse when one is married and has children. Therefore, you should only buy only what you need so you can invest in your career now. There is no need of complaining later because that will not change your situation even if someone may sympathize by listening to you. Take action today!


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