Work in the Same Field But Earn More

A few days ago, my computer suddenly broke down. I immediately contacted a friend who understands electronics but is a student in a completely different field. My friend solved the problem in minutes with a video call. Listening to the sound of the case was enough for him to understand the problem. I was shocked.

The world is full of awake, resourceful, educated, and gifted people. We come face to face with them every day. On the road, in the market, in the movie theater, in the stadium… They are around us.

I am always surprised how little talented people earn. I recently heard that the proportion of Americans making $ 100,000 annually is less than 5 percent. I know smart, highly educated people whose annual income is less than 20 thousand dollars.

Someone who specializes in buying and selling medical supplies told me that doctors, dentists and physical therapists are facing financial difficulties. He said: “They are one step away from great wealth.”

Most people can manage to increase their income substantially if they add another to their skills: Financial intelligence is the synergy of accounting, investment, marketing and law. Making money is easier if you combine these four technical skills.

If my friend who helped me fix my computer had learned sales and marketing skills, his income would have grown tremendously. If I were him, I would research how I could do this business online and develop it. At the same time, I would improve myself in public relations. I would learn to reach the masses with free publicity. Ultimately, I would have more opportunity to profit from my own skills. In a short time, I would be one of the “best” in this area of expertise.

I suggest you look for jobs that will help you improve yourself. Before you decide on a particular profession and become a prisoner in a rat race, you have to decide what skills you want to learn.

Once a person gets caught up in a bill-paying cycle, they’re just like little mice spinning small metal wheels. They always run, but never go forward.

There is a lot of big talk in Jerry Maguire, in which Tom Cruise stars. Perhaps the most memorable line is: “Show me the money.” But there is another line that seems most realistic to me. The sentence Tom Cruise said when he left the company. He was fired and asked all the company members: “Who wants to come with me?”. But everyone is silent, almost frozen. A woman speaks only, “I’d love to come, but I’ll be promoted in up to three months.” she says.

Perhaps this is the most striking phrase spoken from the beginning to the end of the movie. It’s the kind of word used by people working to cover their bills. We all have someone around who studied for years and then got a job with an average salary. These people look forward to the hike they will receive each year, and they are disappointed each year.

I often ask everyone: “Where is this daily activity taking you?” I wonder if they too are looking where this hard work is taking them. What awaits them in the future?

I ask you too, do you think about your future or are you looking forward to the next paycheck without questioning where you are going?

Please let me know your situation and your thoughts below.

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The Robin Hood Ideal

“Why don’t the rich pay?”

“The rich should pay more taxes and help the poor.”

“The only reason the poor survive so hard are the rich.”

We often hear about the idea of taking from the rich and giving it to the poor. When I hear such sentences, I think of Robin Hood. Robin Hood may have passed away from this world hundreds of years ago, but those who followed in his footsteps are still alive.

The idea of taking from the rich and giving it to the poor most troubled the poor and middle class. The reason why the middle class is heavily taxed is actually the Robin Hood ideal. The harsh reality is that the rich are not taxed. The middle class helping the poor, especially high-income and educated ones.

For better understanding, we first need to look at the historical process.

There was no such thing as tax in Britain and America before. Temporary taxes were imposed to cover increased expenses during wars. In the past, the announcement was made by the king or the head of state and everyone was asked to put their hands in their pockets. The introduction of taxation in Britain took place between 1799 and 1816. During this period, Britain was fighting against Napoleon. In America, the first taxes were introduced during the Civil War period between 1861-1865.

In 1874, England turned income tax on its citizens into a permanent practice. The United States made the income tax application permanent in 1913 after the 16th constitutional amendment was approved. Americans used to be against taxation. The famous Tea Party in Boston Harbor contributed to the start of the War of Independence, and the reason was the excessive tax rates imposed on tea. In both England and the United States, it took fifty years for societies to adopt the regular income tax application.

These taxes were imposed to be collected only from the rich. The poor and middle class were told that taxes were levied only for the rich, so the idea of tax was popularized and imposed on the majority. Therefore, the masses voted “Yes” to the law and the tax was legalized. Although the main purpose was to punish the rich, in reality it was the people who voted for him, the poor and the middle class who were punished.

When we examine the history of taxes, we are faced with an interesting perspective. As stated above, the implementation of the tax system was made possible by the masses believing in Robin Hood economic theories, which argued that income should be taken from the rich and distributed to all. But the state loved money so much that it soon imposed taxes on the middle class, and taxes spread to the lowest class of society.

The rich took this situation as an opportunity. Because they play the game by different rules. Even in the time of sailing ships, they established insurance companies for goods carried on the voyage. The rich invested money in the company to cover travel expenses. The companies was hiring seafarers who would sail to the New World in search of treasure. Even if the ship sank during the voyage and the crew died, the loss of the rich was limited to the money they invested on that voyage.

Knowing the power of the company’s legal structure is what makes the rich superior to the poor and middle class. Thus, although the masses advocated “buy from the rich,” the rich sooner or later found a way to overcome them. That was why, the middle class was also taxed. The rich got what they wanted because they were aware of the power of money.

Companies and governments always protect the rich. But many people who have never started a company do not know that a company is really “nothing”. The company is almost a file containing some legal documents registered in the government office in the law firm. It is not a big building with its name on the top. It is neither a factory nor a community of persons. The company is nothing more than a legal document that creates a soulless legal personality.

As soon as the income tax was made permanent by law, the benefits of companies came back on the agenda. Because the income tax rate of companies is lower than the individual income tax rate. Thus, the wealth of the rich was once again preserved.

As a result, this war between those who have property and those who do not have been going on for hundreds of years. This is the “take from the rich” war of the crowds against the rich. Wherever and whenever laws are made, this war will be fought. It will take forever. The problem is that the uninformed ones are the losers. These are those who get up early every morning and go to work and pay taxes. If they understood the rules of the game the rich are playing, they could play better too. Then they could gain their financial independence.


Please let me know that what are you thinking about the taxes below.

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The Difference Between Your Work and Your Business

The education system focuses on finding good jobs for young people by developing their knowledge-based skills. It shapes the lives around the salaries. After young people develop their interest-based skills, they move up the stages of education to improve their professional abilities. They are trained to be engineers, scientists, cooks, police officers, doctors, artists, writers etc. The skills they acquire allow them to join the workforce to earn money.

If you study cooking, you will become a chef. If you study law, you will become a lawyer, if you study medicine, you will become a doctor. The misconception of working in the same branch is that people forget to look after their own business. They spend their lives working in someone else’s job and making that person rich.

There is a big distinction between your job and your business. Everyone should have their own business.

To be financially secure, one has to look after his own business. Unlike your income column, your business revolves around your active column. As mentioned earlier, the first rule is to know the difference between active and passive and have active funds. While everyone cares about their income accounts, the rich pay their attention to their active column.

That’s why we hear them all too often: “I need time.”, “Oh, if I were promoted…”, “I need to work overtime.”, “Maybe I’ll get a second job.”, “I’ll quit for up to two weeks. I found a higher paid job. ”…

These ideas still related to the income column. A person provide financial security only if she uses her additional money to acquire income generating assets.

The main reason why the poor and the majority of the middle class are financially conservative and do not want to take any risks is that they do not have financial knowledge. They have to stick to their jobs. They tend to take firm steps.

For this reason, people with low income put themselves in serious financial difficulties. They sell their assets to avoid cash shortages. They start by selling their personal possessions, but the money they get in return is lower than what is written on their personal balance sheet. If they make a profit, then they pay the tax. Thus, the state gets its share of the earnings, which reduces the amount that will save them from debt. That is why the person’s net profit may be ‘lower’ than he thinks.

Start your own business. Keep working full time, but also avoid passives or personal items that lose their true value when you bring them home. Buy real active assets. A new car loses 25 percent of the price you pay as soon as you start driving. Even if your banker says your car is your number one asset, the car is not a correct asset. A trendy $ 400 basketball shoe equates to $ 150 at the first game.

Adults need to keep their spending low, decrease their passives and patiently create active funds. Parents should teach adolescents the difference between active and passive. Before teens leave home, get married, buy a home, have children, and buy everything on credit, they must begin to have active funds. Such as stocks, bonds, income generating real estates or copyrights from intellectual works like music, writings, patents and anything else that has value, generates income, or is ready to market and increases its value…

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Don’t Work Too Hard -Work for Yourself

The mentality of considering home as investment and seeing wage growth as a resource to buy a larger house or spend more is the foundation of today’s debt-based society. Most people move up to higher positions in their jobs over time and receive regular salary increases. However, due to the increase in expenses, many families are under greater debt day by day and face more financial uncertainties.

If you are an employee,

  1. You work for someone: Most wage earners enrich the boss or shareholder. Your efforts and success contribute to the success and retirement of the boss.
  2. You work for the state: The state gets its share before you get your salary. By working harder, you increase the amount of tax charged by the state. Most government officials work from January to May only for enriching the state.
  3. You work for the bank: After taxes, your biggest expense is deductions and credit card debt.

The problem with hard work is that each of these three stages gets their share thanks to your increased efforts. What needs to be learned is how to translate increased efforts directly for the benefit of you and your family.

Most people have to rely on their salary to pursue their profession and receive income-generating active funds. So how do they measure the extent of their success as their actives grow? How does one realize that he or she is rich or has wealth? In this regard, besides the definition of active and passive, the definition of wealth is also important. Let’s look at what R. Buckminster Fuller said. Although what he says seems quite complicated, it begins to make sense after reading it thoroughly:

“Wealth is a person’s ability to survive so many numbers of days forward … or if I stopped working today, how long could I survive.”

R. Buckminster Fuller

Wealth is the measure of cash flow from comparing the expenditure column to the asset column. If it sounds a bit complicated, let’s explain it with an example:

Let’s say you have $ 1000 a month of cash flow from the active column. Your monthly expense is 2000 thousand dollars. How much is your wealth?

Let’s return to Buckminster Fuller’s definition. How many more days of financial power do you have according to Fuller? Only half a month’s cash flow.

If the cash flow from your assets reaches $ 2000 a month, then you are rich.

So, you are not rich yet, but you are wealthy. Every month, you have income generated by active funds that fully cover their monthly expenses. If you want to increase your spending, you must first increase the cash from your assets to maintain this level of wealth. Remember that you are no longer dependent on your salary. You are successful in building your active columns that gives you financial independence. Even if you quit your job today, you can meet your monthly expenses with net income from your assets.

The next target will be to transfer the surplus cash flow from active funds back to the active column. The more coins enter the active column, the larger the column gets. The larger your active funds, the greater your cash flow and net income. As long as you keep your expenses less than the cash flow from your assets, you will get richer, you will have income other than resources from your physical effort.

As this reinvestment process continues, you take firm steps towards getting rich.

Few people have enough money to survive today. There are even people who do not have enough money to live for a month. Many Americans have less than $ 400 in savings. A more shocking statistic in 2016, the GOBankingRates found that 34% of Americans had no savings at all. Few people can survive for a long time without a paycheck or government aid.

Lastly, let’s keep in that in mind:

The rich buy the active funds. The poor have only expenses. The middle class buys passives that they think are active.

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You Need To Save Money

“The sun that shines today was shining on the day your father was born, and will continue to shine as your last grandchild moves into the darkness of the other world.”

George S. Clason

Throughout history, people have been able to get rich by using various opportunities. Although these opportunities come across all of us, most of us don’t realize them. But there is one thing we can all be aware of. Anyone can achieve this: Saving. It is one of the golden rules of getting rich. By making savings, we keep some of our earnings with us. This leads us to wealth.

We pay for all the goods and services we receive. If we save a tenth of our earnings instead of constantly paying others, we will have a year’s earnings ten years later.

We should know that savings cannot be made from the remaining money. We must set aside the amount we will save before we start spending our income. This amount is actually the payment we make to ourselves.

But only saving money is not enough. Also, every single dollar we save must make money for us. Getting rich is only possible if savings continue to grow on their own. Thus, we can achieve the abundance we want. No matter how little we earn, the amount we save should not be less than one tenth. We can save even more. But we have to be careful not being too hard on ourselves.

So how does our accumulated money increase on its own?

We must either learn to take advantage of the opportunities that come to us or consult with informed and experienced people in investment. If we consult someone, we should choose these people well. If we trust the wrong people, we may have to pay this mistake with our savings.

We should consult wise people. We must seek advice from the experts. A small safe investment is always preferable to risk. High interest rates sound nice, but they are dangerous. We must be careful.

This whole process teaches us first to live with less than we earn, then make the right investments and run our savings.

I urge you to dedicate some of your earnings to yourself. Think about this. Even think constantly. So, you get yourself used to this idea. The second step you will take will be to decide the amount you will regularly set aside. Make sure that this amount is not less than a tenth of your income.

Your savings will gradually make you feel rich. As your savings grow, your motivation will increase and you will be more eager to increase your money.

You have to think about your future. Remember that one day you will grow old too. You must ensure your old age income.

And be careful not to force yourself too hard to save. If you can only save a tenth of what you earn, be satisfied with that. Do not be stingy to your present self for your future self.

Life is really beautiful. Enjoy it.

Keep reading: THE FIRST RULE OF GETTING RICH

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Seize The Power of Money

Today, we all have a duty to manage the money wisely in our pocket. Of course there is no need to get a bachelor’s degree in economics to have this skill. In today’s world, what is taught in schools leads people to be slaves of money. But what we need to learn is to seize the power of money. Unfortunately, they don’t teach this in economics departments.

A university diploma cannot be a remedy for financial difficulties. Graduation is actually a beginning rather than an end. For sure, we need universities for being productive members of the society. However, these institutions do not teach people to manage money or control their economic fears. Therefore, they cannot guarantee economic satisfaction after graduation.


In fact, we are all “workers”. Let’s not waste our time trying to learn how to make bundles of money or thinking about it. What we need to do is keep control of our budget. When it comes to money, we shouldn’t be trapped by our fears or desires. No matter how much we earn, if we haven’t learned to cope with our fears and desires, then we actually live as high-wage slaves.

We must learn to use our fears and desires to our advantage. We must not let these emotions hurt us. What trapping people is their own negative emotions and ignorance. It is the biggest and most fundamental cause of poverty and financial difficulties. In other words, who are responsible for poverty is not the economy, the state or the rich.

What we need to do is learn to take advantage of our emotions and understand their influence on our thoughts. 

When our boss increases our hourly wages, our desires grow and we succumb to our emotions. Many people look forward to a pay day, a raise or authorization. There is no end to these expectations.

Our desires for what to buy will never end. A better phone, clothes, the latest model car or a bigger house… As our income increases, our desires increase and we always need more money.

Desire calls us, fear takes us out of the door, and we walk away without realizing it. This is the trap.

If we can see, we won’t get caught in the traps. If we keep our eyes open on the road, we will not fall into a trap. Being awake, aware, and conscious keeps us safe from many desires and fears. We have to be honest in determining what we really need. We must always continue our effort to know and understand ourselves. When we want to own something, we must try to find out why we really want that thing. These questions can save us from falling prey to our negative emotions.

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