Shocking Reason Why Many Educated People are Poor

 why are so many people are poor even after having many  degree?

 Absence of financial education in school 

many educated people are poor because financial education isn't  prioritized in schools. take a moment to ponder this. when we talk about education the immediate association is with school where we assume that children are taught everything they need to know about life , however the reality is quite the opposite.

consider this you could  be a highly skilled medical doctor well versed in the intricacies of medicine or a season lawyer with comprehensive knowledge of the legal profession yet neither of these professional guarantees financial literacy even if you are not accountant adept at handling  millions of dollars , it doesn't   necessarily translate to understanding how money works, the unfortunate truth is that most professionals  lack basic financial knowledge, because formal education system  are not designed to provide comprehensive   education about money no matter how many  years you spend in school or how many degree you acquire you may still be financial illiterate as as result many individual themselves struggling financially despite possessing multiple degree so what is  the solution.

the key lies seeking financial education  through alternative means , this could involve reading insightful books 

Deception of formal education   

most educated people are poor because most people became uneducated immediately after college I will explain further  but first let me ask you question, what exactly do you think education is .

so many people in the world education is that degree they go and get at campus for other education is their certificate and  degree  don't tell  any one but the  sincere  truth is education isn't  what you get in the classroom , education is what  you get every day of your life a truly educated man is that man who learn very day , true education is a life long journey of learning and growth , its like sustenance for the mind as essential as food and water just as we need oxygen nourishment and hydration daily , we should actively seek knowledge and learning very single day of our lives now this is not the case for so many people because immediately after their first degree they don't learn   anything meaning full anymore as they believe they are already educated because these people don't take time to learn new things , they are not likely to across knowledge necessary for them to create wealth what is the way  out  instead of viewing it as a one time achievement  we need to see it as continual process like drinking water to sustain our bodies just as we wouldn't go a day without hydrating ourselves we  shouldn't a go a day without seeking to  expand our minds and acquire new knowledge by embracing education as lifelong commitment and actively pursuing learning opportunity , we can equip ourselves with skills and insights needed to thrive in today ever changing worlds.

Education isn't just about what you learn in school its about the lesson you achieve from everyday experience interaction and discoveries  

Lifestyle inflation

Educated individuals may feel social or personal pressure to maintain a lifestyle that reflect their education level often leading to high spending , this lifestyle  inflation can consume much of their  income , leaving little room for saving and investment  

Trap of job dependency 

 

Many educated people are poor because  more time you spend in school the more likely you are to develop a deep seated longing for  a job.   

Lets be honest schools are structure to groom employee so the longer you are immersed in that educational environment the stringer you are desire for traditional employment became, however the reality is the job rarely provide the leverage needed to create substantial wealth or achieve financial independence  the more you yearn  for a job the less likely you are to a mass wealth , its simple math working a job means relying solely on you own efforts with limited capacity for exponential growth. 

  

Truly wealth individual are those who can leverage the effort of many , they work smarter not harder by collaborating with multiple  minds and utilizing various resource, unfortunately traditional jobs do not offer this level of leverage .

You are confined to working with your own brain and two hand which severely limit your potential for wealth creation since you cant physically works with 50 hands or utilize 30 brain in a job you lack leverage that entrepreneurs possess so what's solution    

The Arrogance of the formal education 

many educated people are poor because their education makes them arrogant , these individual often believe that their degree makes them superior to those who dropped out of college or didn't finished high school, this arrogance can prevent them from being humble enough to listen and learn from others.

What many don't realize is that young people regardless of their formal education level often have a better understand of where the world is headed

u\young generation are deeply immersed in modern technology and  trends  and  some of them are  remarkably knowledge about area that older generation might not fully grasp 

 excessive spending on liabilities 

the amount of money you earn doesn't matter as much as the amount you invest in your future, high income does not equate to financial security if isn't managed wisely. 

many people fall into trap of lifestyle inflation where their expense rise in tandem their income leaving little room for saving or investment , the key to build last wealth lies in your financial habit 

 job  insecurity 

many educated people could b    e poor because they lose their jobs , in todays economy it doesn't matter   how many degree you hold , any thing can happen and you might lose your job, while its true that business owner also face of risk losing their business , the comparison between losing a job and losing business highlights a crucial different 

An employee a job depends on the decision of others such as employers or corporate boards this lack of control means that even highly educated workers are vulnerable to layoffs company downsizing or organizational restructuring on other hand  entrepreneurs have more control over their fate

  

 the burden of college depth----------------------

 lack of teamwork skills 

many educated people could be poor  because spending too much time in the classroom often means they end up doing  very everything alone.

people who build substantial wealth often know  how to collaborate , they build teamwork well with others and combine different skills to reach a goal , however school teaches the opposite ,  in school you do assignment alone take test alone and work independently  in the real world success often require  teamwork

so the more time you spend in school following these independent practic