Your Job is NOT Your Wealth

New article from the Money Matters series on BlackVoiceNews.com:

I’ve run across many people that seem to think that having a job is the best way to create financial stability. I’m aware that it’s a common idea, but it always floors me when I hear it. Owning a business and having passive income are much better ways to create financial stability for you, your family, and your community.

Let’s look at the idea that your job is a stable source of income. Ha! Your job is not as stable as you might think. We all know people that have been laid off for no reason other than it was best for the company’s bottom line. You will be hired or fired based on the needs of the company. Your employment, from the business’ perspective, has nothing to do with your needs.

What about the idea that having a job brings in “good” money? A job provides x amount of money for y amount of time. Usually you’re trading your time for a specific amount of money without understanding the affect our specific work has on the company’s overall bottom line. Businesses are in business to make money, so it makes sense that whatever amount you are being paid is obviously much less than that work is actually valued at.

A job is a critical piece for most people, but not because of the reasons that most people think. A job provides

…. click here to read the whole article.

Click here to check out all the articles from Shay on BlackVoiceNews.com.

Advertisements

One thought on “Your Job is NOT Your Wealth

  1. Great post!!! I have been hired & fired during my career and let’s just say that I am not excited to work for anyone else’s dream anymore. I am currently in the process of finding my own pot of gold within one of my passions for life, traveling. I hope to be able to work my way up so that I can become financially independent & continue to travel forever. I know I can make it happen, just need to figure out exactly how. Seems like I came to the right place =)))

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s