Depressing Facts: Why are Degree Holders Poor Nowadays?

Because they have decided to pride themselves in a degree and failed to think better than a man who does not have even a certificate to his name.

Degree holders spend their time liking articles on social media but never have any care in the world to implement what they like. Poverty starts from the mind, a mind that just likes things but never to implement those things.

If you want to progress, throw away that degree and start thinking better than someone without a degree. Be prepared to get your hands dirty and work like an ox for your business. Your hard work will pay off.

SCHOOL rewards people for their memory. LIFE rewards people for their creativity and ability to solve problems.

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School rewards caution, life rewards daring. School hails those who live by the rules, life exalts those who break the rules and set new ones.

Being top of your class does not necessarily guarantee that you would be at the top of life. The world is filled with poor graduates, but rich opportunists.

Kevin Ngo said: “If you don’t make the time to work on creating the life you want, you are eventually going to be forced to spend a lot of time dealing with a life you don’t want.”

Where Do You Want to Go In Life - The Smartest Step You Can Take

Are you where you want to be in life - financially, health-wise, relationships or your career? Silly question? I don't think so. I've asked myself this question dozens of times during my life and I have to admit more often than not the answer to one of the life areas was - no.

In life, you can only be one of three places (I'm being general here) - where you were or have been, where you are now and where you will be in the future. I know this might at first seem a bit confusing but think about it - for example - where are you now - in your car, your office your kitchen or backyard - the simple answers.

Where do you want to be tomorrow - the hard answers - because here's where it can get a bit tricky. But, keep this question in mind generally - don't get into the weeds about every single life area - just consider the bigger picture of your life. For example in the future - you want to be with someone or someone different, you want to be working somewhere else or retired, you want to be better off financially or you want to rid yourself of this current negative health condition that is plaguing you now - yes there are hundred's more questions like these - I used these to keep the process but not necessarily the results - simple.

How to think like a millionaire

Rich people have a way of thinking that is different from poor and middle class people. They think differently about money, wealth, themselves, other people, and life. Let's examine six crucial differences between how rich people think and how poor or middle class people think.

By doing so, you will have some alternative beliefs in the files of your mind from which to choose. In this way, you can catch yourself thinking as poor people do and quickly switch over to how rich people think.

Remember, beliefs are not right, wrong, true or false, they're just past opinions which can be changed on your command. The fact is, you can CHOOSE to think in ways that will support you instead of ways that don't.

 

 1. Rich People Believe "I Create My Life"

Poor or Average people believe "Life happens to me."

If you want to create wealth, it is imperative that you believe that you are at the steering wheel of your life; that you create every moment of your life, especially your financial life. If you don't believe this, then you must believe you have little control over your life and that financial success has nothing to do with you. That is not a very rich attitude.

Instead of taking responsibility for what's going on in their lives, poor people choose to play the role of victim. Of course, any "victim's" predominant thought process is "poor me." And presto, through the law of intention that's literally what they get; "poor," as in money, me.

Best Ways to Get Ahead in Life

Success is not final, failure is not fatal: it is the courage to continue that counts. — Winston Churchill

Getting ahead in life may mean many different things to many different people. However, thanks to the global personification from mainstream media, the general consensus of getting ahead in life relates to monetary gains. We see the portrayal of the “American Dream” everywhere we turn – from radio, to television, and, of course, on the Web. There are constant accounts of immigrants crafting a better life for themselves and achieving financial freedom.

But this dream doesn’t just apply to America; this is a global dream. It’s the dream to have a better life, not only financially speaking, but overall in every aspect. And, the reasoning is that, once you have money, everything else will fall into place. Who could possibly have problems when they have an exorbitant amount of cash, right? Who could think that life was anything but a beautiful gift when they could wake up and spend what they wanted, where they wanted, and with whom they wanted, right?

Well, not necessarily. 

How the Rule of 72 Can Help You Get Rich

The Rule of 72 is a straightforward calculation used by many in the finance industry to estimate how long it will take your money to double, based on the rate of return you earn on it. To use it, simply divide 72 by the rate of return you expect to earn on your investment. The result is an estimate of the number of years until that money will be twice the size of when you started with it.

While not perfect, it is math that many people are able to actually do in their heads, particularly with the typical rates of returns found in investing. For instance, if you expect to earn 9% annual returns on your money, the Rule of 72 would indicate it would take around eight years for your money to double (72 / 9 = 8). In reality, it would take just over eight years for your money to double -- around 8.04 years, to be exact -- making the Rule of 72 a close-enough estimate to at least hold a discussion.

Image source: Getty Images.

How to put the Rule of 72 to use for you?

Once you know how long it takes your money to double, you can use that to figure out how many times your invested money can potentially double until you need to spend it. For instance, say you're saving for retirement and you expect to retire in around 24 years. If you earn 9% annual returns on your money, the Rule of 72 would estimate that your money would double three times before you need to tap it to cover your costs: 72 / 9 = 8 years to double, 24 / 8 = 3 doubling periods.