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20:17 September 06, 2008 | All news from "Wealth Building - Money & Finance"

Kicking The Filthy Habit Called A Job

A few people love their job and make due with what they earn, God bless them. Most people, however, hate their jobs but are dependent upon it. Similar to smoking or a drug habit, people are addicted because they need the fix (paycheck), but they hate the addiction and can't break it cold turkey. A job will always be a drug-like viscous cycle for two Reasons:

1) Your superior's job is to work you as hard as they can for the least reasonable amount of money. Every prudent company self audits their costs to boost the company's profitability. So why on earth would they overpay any employee 10k-20k a year? This is highly apparent in American and European companies outsourcing IT to India/Phillipines, and manufacturing to China, Latin America, and Eastern Europe. If companies can eventually replace your position with an inexpensive foreign counterpart they will.

You personally do the same thing running your household. You want to get the best furniture or television at the best price. You know that you pay your gardener or pool man the least you can to get the job done. You're not offering to add cost of living adjustments to his wage, you aren't contributing to his 401k. Honestly, you don't give a damn about the financial future of your gardener, you just want the grass cut every Thursday. That is the same perspective of whoever financially plans for your company.

2) If your company paid you more, you'd just spend more. A raise is worthless.

If you can find a profession that you truly enjoy, live within your means, and not be financially ambitious, then you are a winner. Some people are like that. I personally find, however, that many more people are financially ambitious. If you don't believe me go to your local college and ask the college students why they attend. They aren't attending school to quench their deep intellectual desire and curiosities of history, language, arts, and economics. Rather, they want a degree for a better paying job.

If you don't like your job, and you are financially ambitious then a job should be nothing more than a period of paying dues. The smart few live modestly and contribute money towards passive income vehicles to transition away from their job into a position of infinite financial possibilities.

Don't be fooled, a job will never make you rich.



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Original source: http://hunterplescia.wordpress.com/?p=85




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