Salary and Survival

For more than a decade working in a corporate world, I have come to realized that working 8 hours a day to earn a wage is just for survival. No wonder why too many people works for the rest of their life not knowing that salary as fixed source of income is good only for surviving the day.

Of course, we need our wage slave income to pay for our expenses but there are other ways to have a healthy financial life. I think we should also need other source of passive income that will someday free us from this wage slavery.

Some may say that they are receiving an awesome compensation and the need for proper financial controls is not really necessary. Remember that it is not our salary that makes us wealthy, but it is our spending habit. Most of the time, successful professionals are no more likely than ordinary folks when it come to spending, because the rules governing the right financial controls are quite different from what we are used to learning at school.

Again, I would like to tell everyone that every small amount that pass in our hands is buying us financial freedom. These may be a freedom from our debt obligation, 8 hours job etc.

The concept of passive source income may sounds boring, but just imagined that you will no longer need to rely on your next paycheck to meet your expenses and if you work smart, you can make enough so you can buy everything that money buys. Passive income is all about creating alternative sources of income so that you do not have to work for the money – let the money work for you and make more money.

————————————————————————————————————

Quotes:

All paid jobs absorb and degrade the mind. – Aristotle

*********************************************************************