CAN SALARY BE ENOUGH?

CAN SALARY BE ENOUGH?

"If only I have an option, I would stop this job immediately".  This was a statement from a friend, who works with a finance house. I could feel the pain and stress in her voice when she said that, and I was moved and felt so sorry for her. But, there is absolute nothing I can do to solve her problem, because the need for her to make an ends meet is paramount.

I decide to write this article to encourage and advise in my own little understanding, those who might have got entangled in the same rat race just as my friend.

"When you work, you do so for financial security. Only investment and investing can make you financially free". (c) Sean

As an employee, your salary shouldn't be your primary focus. Rather, pay more attention to what you must learn on the job that would make you a better manager of your own business in the future. "Work to "LEARN” when you are still young and not to ‘’EARN".

An employee should always see their present job as a short term goal for the realization of a long term goal. Working with an organization make you more organized. It offers you the platform to be well trained, have good corporate ethics which you can apply in your own business when you eventually set up one.

For every aspiring entrepreneurs or business owners, I'd recommend you work for an organization or a firm that has been already establish in the area of business you intend to start, even if you'll have to do it for free. Call it "INTERNSHIP or APPRENTICE" whatever. Doing this will prepare your mind for what you are about to venture into.

Below is my acronym and formula for the word "SALARY"

S- Set aside some of your salary to,
A- Acquire more assets
L- Limit,
A- Accumulation of Liabilities
R- Retire
Y- Young .  (C) Sean

Are you a salary earner? I urge you to master the acronym above and inscribe it on the tablet of your heart. Having this acronym saved in your memory, would assist you on how to plan your exit as an employee, and get you prepared of creating your own business empire.

I wish you a success in your career endeavours!

Written By,
Oluwaseun Oniyide (Sean)

Note: Not everybody can be an entrepreneur or a business owner. With your salaried job, you can still live comfortably if you are prudent enough. Get a course on Financial Intelligence; this will assist you in managing your money effectively.