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Author Topic: To afford personal education or a property? Where to allocate funds?  (Read 1133 times)
uneng (OP)
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September 05, 2023, 02:42:52 PM
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 #1

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

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September 05, 2023, 02:50:45 PM
 #2

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this.
People will have different opinions about this. If I am making money, I mean enough money and if I am rich already, I can never go for education because it is the education that I have that makes me rich. It is not about going to school before someone can be educated.

But for my children, they are young and I will not want them to be inferior to their other colleagues, I will send them to school.

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?
I may not be able to answer all your questions, but the most important thing someone should have is money, after good health.

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September 05, 2023, 03:10:44 PM
 #3

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?
The answer to this question will depend on the individual's goals and circumstances. Studying might be the best option if someone wants to gain skills and qualifications to help their career. However, acquiring assets as a source of passive income and working might be more practical if you need to earn a living and support yourself financially.

It definitely depends on the person's forte and the industry they think they are good. As for me, I know in myself that I have more chance of reaching financial stability through continuous studying, and so I did. Now, I am working, together with the passive income I accumulate through earning from the application of my skills and knowledge.

What matters most is considering your current financial situation, future career aspirations, and personal goals before deciding.
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September 05, 2023, 03:18:28 PM
 #4

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

Everyone's life is different, there is no catch all that will apply across all situations. There are some people who may have free accomodation from their parents until they are 30, allowing them to fund both. There are others that may be kicked out at 18 and fending for themselves who will find it extremely tough to fund higher education. Both things can also come at different times in life, student loans may happen before you're 25 and housing mortgage costs may happen after 25. You have to be careful with higher education though and be sure there are plenty of higher paying jobs in the field you are studying if money is your aim.

R


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September 05, 2023, 03:30:54 PM
 #5

IMO degree is worthless and you can always learn from free resources, but other options aren't about investing as well, since apartments & houses aren't a good investment compared to doing business or even putting your money in some investment plan. Don't forget that if you choose higher education, you'll still need to cover your daily expenses, books, clothes, etc. so it's worse than owning a house considering the costs along the way. You might be able to afford your daily expenses if you rent your extra house while learning by yourself and working to get some experience, but that option will vanish if you choose the formal education option. And the output? It's not guaranteed that you'll get a good job with the certificate. It's not worth it.

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September 05, 2023, 03:37:14 PM
 #6

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

Investing your money on something that will generate you passive income every month then using the income from it to pay the tuition fee for your education sounds better right?

Meanwhile, you also have to work to bring money into your pocket, even you can do jobs while studying to make income in lot of ways so the only question is whether you are going to limit yourself to one choice or want to achieve as much as possible but for that, the person needs to work hard, I mean physically as well as strategically.

The follow-up question depends on every individual so there can never be one answer fit for everyone.









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September 05, 2023, 03:40:37 PM
 #7

I think it depends on where you are in life and what you want because that's going to be a reflection of who you are. If you want to help people and share knowledge on what you have learned, you would probably get a higher degree. If you only think about yourself and just want to earn money, then acquire assets.

Know what you value in life. Personally, I love to learn and knowledge is very important to me that's why I would want to have a higher degree.

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September 05, 2023, 03:42:48 PM
 #8

If you have the means to buy the property and still be able to live normally without worrying about money even though you've just recently bought a property then by all means go for that route because a passive income is much better than more effort in something. That would be my choice though as I prefer not working too much for money so if there's a means for me to make money with less effort then I'm grabbing it. Just don't be a landlord that your tenants hate though.
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September 05, 2023, 04:10:16 PM
 #9

Depends in the country where I come from if going to school will get me a good job immediately I graduate from school then I'll invest the money on education but where their is no job after graduation I'll invest the money into business to see that I become financially stable , after getting established with my business I can now think of planning to go to school. It won't make sense to use all the money one has to invest going to school and after school start facing the heat of how to survive. Going to school is good but one have to consider after school what is the next plan in life .

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September 05, 2023, 04:10:58 PM
 #10

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?
Many people will have their own opinions in this matter, in my own point of view the two are very important but in this aspect someone have to look at the situation of the environment they live in, been educated is very good because it can take you a long way life.

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?
what is more valued in life: to be or to have?
This is very important but to me the both are okey if I can have the two, but if it is only one I can pick I will rather go for " to have" in this world we are living in now people consider what you have than what you are. Education is a good one even beyond getting the white collar job but now still people don't look at your qualification rather than what you can create it your brain.

R


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September 05, 2023, 04:16:17 PM
 #11

 It all depends on how much value you attribute to the two. I can't make choices for you and since both have their importance, some will go for education first; probably because you need it to be literate. But if I'm to choose? I'd go for property allocation. Lands appreciate over a period of time and if you invest in it, you can use from it's proceeds and personally educate yourself.
Sometimes, it's not everyone that is educated that can be financially reliant.
 

R


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September 05, 2023, 04:23:31 PM
 #12


What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market,


You made the question easier by adding concluding a superior course and wide job opportunities. Of that is what superior education attracts ideally on a normal circumstances because times are now different from what it was when you can be educated and acquire good job. So it is better to pay for school fees to finish up a higher course that will help you get better job because you can buy bigger properties in the future.


or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

There is no time limit to buy property but education though does not also have limit but the interest might not be there again and your level of knowledge might diminish as you get older. So education should be priority.


It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

To have is far better than to be. If you are and you can feed yourself then it makes you more frustrated. It is better you are not than to be yet you can't have but if you are and have, that is best combination.
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September 05, 2023, 04:28:08 PM
Merited by Nwada001 (5), Salahmu (2)
 #13

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

None of the two options are bad to take, but we have to look deep into the situations around making any decisions with the person involved, first is that we all know that not all educated fellows are rich or successful in life, so is there a prospect in his country that could aid or fast track his employability rate if he badge in another additional qualification or he will still have to struggle his way out to secure a job, secondly on the other option as well, having a physical asset is not that bad, but we have to consider the maintenance to it, incase of landed property, when we sell it how are we going to enable a continuous flow of income again.

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

You can be whatever thing you wanted to become in life and achieve the highest level of qualifications and still be broke, you can also have everything in life that can make you remain being contempted but yet unfulfilled because you can't manage them and they begin to fade away, what i have to say here is that, any future you can see then you can achieve it.

R


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September 05, 2023, 04:28:44 PM
 #14

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?
Get educated, the little money you have to buy the land is an amount that you cannot get again if you get educated and get a good job. But if you choose to sacrifice your education to buy the land, you can lose that land or possibly something else happens and it will be too late for you to get the education that you should have gotten some years ago. You cannot do somethings when you pass a certain age, so do things when the time is right for them. Education may not be able to wait, but buying a land can wait.

R


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September 05, 2023, 04:35:26 PM
 #15

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

It's literally depends on a person's mindset, goal and suitability. Cause even if I say that I'd rather have to own a land or apartment to gain passive income in which I could use for my education. Since here in my country (PH) even if you graduated with a degree there's still a lot of people are having a hard time to find a stable job. Some haven't even used their degree like going to the other path like you're aiming to be an engineer once graduated but you've ended up being a call center agent which is nothing wrong, my point is that it really depends on the environment and the people. Cause here if you have a land, you'll have a huge opportunity to have passive income where you can widen your options once you have the money since houses here are pricey as hell.

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September 05, 2023, 05:32:51 PM
 #16

You can learn with free courses, free online resources and find jobs. Cryptocurrency job lists with many job opportunities for you.

Education can help you to get jobs and money in long run and you can use your previous fund to buy an apartment or any asset to get passive income. With money or cryptocurrency you get from jobs, you can use it to buy bitcoin or convert altcoins to bitcoin.

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September 05, 2023, 09:17:58 PM
 #17


Everyone has a choice, so I can't really speak for the others, but I will personally choose to pay for my education because it will allow me to learn a great deal of information that will be helpful to me for the rest of my days in this world. The importance of graduating from school cannot be overstated because it can open up a world of possibility and lead to a tremendous accomplishment that a person desperately needs. Investments are fantastic since they also make things better in the future, but I don't believe they can provide the opportunity that education can.

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September 05, 2023, 09:22:04 PM
 #18


Everyone has a choice, so I can't really speak for the others, but I will personally choose to pay for my education because it will allow me to learn a great deal of information that will be helpful to me for the rest of my days in this world. The importance of graduating from school cannot be overstated because it can open up a world of possibility and lead to a tremendous accomplishment that a person desperately needs. Investments are fantastic since they also make things better in the future, but I don't believe they can provide the opportunity that education can.


that is true, if you have a higher degree, it will open to a better opportunity when it comes to finding well-paying jobs. so afterwards, you can easily acquire good investments like apartment or other real-estate properties. it is only a matter of time before you reach such goals.
so i will definitely go for higher education if you are confuse on which one will you be opting to. but at the end of the day, you know your priorities for the time being, so the OP can read all these opinions but he will be the one deciding this on his own.

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September 05, 2023, 09:40:32 PM
 #19

This question is highly dependent on the current circumstances around the individual and their personal plans and aspirations.

Quality education, despite what many people will say about it is very valuable and gives one an opportunity at almost every corner on the climb in their career. Basic education is imperative for a child, but one can be successful without furthering to college.

Passive income is great as well and any real estate investment is one that will give ROI for many years down the road.

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September 05, 2023, 09:48:37 PM
 #20

Let's suppose you have a limited budget which can be used only for one of the alternatives below:

What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?
Investment or business on which you would really be able to make some passive income and on the time that you are making money already then this is the time that you would really be getting your education or degree
if you do really persevere on having a diploma on which this would be definitely be course to be taken on on which you could really hit up two birds on one stone,right?
You would really be needing to be wise if you do really like on having that progressive life but of course its not really that a guarantee that you would succeed specially on having a business.
If ever you do have the chance on having a passive income with those common or casual properties or lands or lots then its impossible that you wont
really be able to see those opportunities.

This is why if ever i would be needing to choose on which one i would priority then i would go into land/properties/passive income. Education can wait and there's no such thing
about age limit if ever you have finished your degree on old age.

R


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