HOW YOU CAN
MAKE MONEY WORK FOR YOU.
Do you know that being employed and self employed is a game
of working for money and not them working for you? I hope you could like not to
be a slave of money in your life instead money could be your slave. May be this
will contradict you but it is until you understand the difference between being employed and
self employed is when you will understand
how you might be working for
money. And thereafter I will share with you on a way you can make money work
for you.
I learnt this from Robert Kiyosaki (a writer of Rich Daddy Poor Daddy) in his getting Rich in 60
minutes class. He described 4 types of people who are existing in the world of
finding and using money. There are:
·
Employed people
·
Self employed
·
Business owners and
·
Investors
All these four kind of people are searching for financial
freedom but their understanding on it makes some of them work for money and
others’ money work for them.
EMPLOYED
PEOPLE.
The most enslaved people who always work for money and to
them money never satisfy their life needs and wants that is why they strive to
seek for promotions and keep on going to further studies so that their salary
can be increased a bit to satisfy them but still it never satisfy hence they
find themselves trapped into corruption at work to rise up their income or some
of them decide to jump into business for them to get an extra money.
WHY
ALL THESE?
It is due to the fact that their usual financial flow is just
for survival in their life. After getting salary a big sum of their money goes
to PAYING TAX then the remaining goes
to a number of MONTHLY BILLS and various
payments, buying some survival wants and needs as a result it finishes all of
it while leaves him or her with empty pocket before the next month. So in short
the employed people normally work for money.
SELF
EMPLOYED
Most of the employed people decide to jump into being self
employed from which all the works become depending on them to be worked. These
are not employed because they have decided to sell their labor power; for
instance a doctor can decide to stop his / her employment and become a private
consultant who normally hired to work and get paid for what he/she has done or
according to the time spent at work. For self employed people TIME IS MONEY. They
get big money out of this but still they are working for money because not
being at work in a single day, a flow of money in their pocket stops also. Let
say this self employed person got sick for a while then his/ her family is in
trouble because his energy and ability to walk out of home is what was bringing
money in, now he is sleeping on bed then everything is sleeping. This person
also works for money and not money works for him/ her.
BUSINESS
OWNER
Here is now an answer of money working for you start coming
up slowly though being a business owner also do not mean you are 100% free of
being enslaved by money because this person normally establish his/her business
and employ people who will be working for him/ her, he or she can also relax at
home and these employees bring him or her money out of his business but he/ she
normally strive to search for good, hardworking and trustful people to employ
so that they can assure him/her high productivity and business sustainability.
So he is demanded to be very close to his/ her business most of the time to
trace his/her money not to be stolen or corrupted by these employees. Though
he/she is financially free if she gets right people in his or her business but
still she or he is working for money in real sense.
INVESTOR
This is a person who money works for him or her. It is due to
the fact that he/ she just use his or her money to get money for him/ her. An
investor puts money into a certain business and that money circulates there to
bring another more money into his or her pocket while he/ she is sitting at home.
An investor can just buy shares in a company wait for a profit at the end; he/
she can put money as an angel investor and that money work for him. Investors
never bother of human resource because there are people who are managing it in
those companies for their survival, so for investors money works for them
because they are people that has money
invested in something especially one that holds stock in publicly owned
corporations.
Look at yourself now, are you working for money or is money
working for you? Think and choose a way that money will be working for you.
But I advise you to think twice on being employed or self
employed then see how you are going to deal with them so that you can stop
working for money.
Good luck!
By Erick Chrispin.