What Is Your Salary?
We all know Salary, is a specific amount of money that an employee is paid for work done. But we are not interested in the amount but the type of salary in this context.
The Big Question Is Which Type Do You Earn?
- Onion Salary: You grab it, you open it and you cry.
- Storm Salary: You don’t know when it’s coming or going.
- Menstrual Salary: It comes once a month and lasts only four days.
- Magic Salary: You touch it and it disappears.
- Amnesia Salary: You can’t remember what you spent it on.
- Time Traveling Salary: You spend it paying various debts even before you collect it.
- Active Salary: Once you stop working, it stops.
Whether it’s magic salary, amnesia salary or onion salary, the moment it stops coming, your life becomes unbearable. There is no average income. The rich are becoming richer, while the poor are getting poorer. There is no middle class because it has completely disappeared. Salary is a short term solution to a life time problem. Salary alone cannot solve your money problems. You need multiple sources of income to balance. The tax returns form contains about 11 income streams, salary is just one.
Research had it that the poorest group of people in the world are salary earners, next to beggars. The difference between those beggars on the street and salary earners is one month’s salary. They live in a vicious cycle of poverty managed on 30 days. Truncate the flow of their salary for one month and you would realize majority belong to the lower class.
Salary is continuously being awaited every month and any slight delay brings about heartbreaking anxiety, pressure and disappointment. Most salary earners end up poor in the long and short term. If you do not have 3 months salary in savings, you are already poor. Divide your salary per annum by 2,000 hours to know what your one hour is worth. And you’ll discover your worth is far more than your salary. Salary is the value someone has put on your effort.
How Much Do You Value Yourself?
You can’t increase in value, unless you VALUE yourself differently. Life is a trade off between time, effort and reward. To be rewarded more, you have to become more valuable. Salary they say is the bribe given to you to forget your dreams. Salary is the MEDICINE for managing POVERTY, not the CURE. Only your BUSINESS or INVESTMENT cures poverty. Being a salary earner is a mentality, break it!
Most investors are not salary earners. Financial literacy is the tool needed to transform your salary to a RESIDUAL INCOME – you work once, and it keeps paying you over and over and over again even after you have stopped working , so you can have financial freedom. Only your investment can keep you going even after all the onions, amnesty, traveling, active salaries have left you drenched. Don’t live your life fishing with just one hook, there are many fishes in the ocean.
Therefore, we are urged to be FINANCIALLY INTELLIGENT, FINANCIALLY LITERATE and TRAIN OUR EYES TO SEE OPPORTUNITIES IN PROBLEMS. Delve into entrepreneurship because salary is a lifetime disappointment. Being a salary earner or investor is a decision. LIFE will not CHANGE until you decide.