To afford personal education or a property? Where to allocate funds?

[Gallar]

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?

Everyone must have different wishes about this. But if I personally would prefer to use the budget money to finance education. Because for me having a higher education is very important. Because I believe, by using the money to finance education. Other things, such as houses, apartments, land or investment assets, I can most likely get. Because by having a higher education, scientifically, understanding and action will definitely be more directed.

Apart from that, I think I will have more chances to be accepted quickly in a company when looking for work. Although in reality, finding work is not easy, even for people who have higher education. But at least the knowledge that has been studied in
universities/schools will still exist and will not disappear. So basically I have nothing to lose.

Because in my view, finishing school to university, the main goal is not just to find work easily. But in essence is about knowledge that is very valuable. Because with this knowledge, you will definitely be able to do many things. By having knowledge and education, at least morals or morals will be better.

And why can I choose education? The thing is, several years ago I finished college, after that I had a job, and that's where I started to have capital. Although the capital I have is not that big. But so the result is that now I have investment assets such as bitcoin (crypto) and gold, and now I have also started a business, although it is not very big. So with the evidence from my real life, basically having a good education is very important to start everything.

[1715096626]

1715096626

[bitzizzix]

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?

That's a hard question to answer, because you mentioned a limited budget and a limited budget is probably not a very big number. And how can this budget be for higher education, an apartment, a house or a piece of land and also for passive income.
And if anyone does, that person is pretty cool. And I realized that I might not be able to do that, because depending on the size of the budget, I think I have to have a large amount to do all that and also work hard, be very frugal and also be under pressure. Especially for passive income, because it is for the necessities of life.
And I try to answer it as best as possible, and if my budget is limited and maybe only enough to buy a big house. And maybe turn a big house into a boarding house so you can get lots of boarding rooms so you can make a lot of money from rent.
For example, only getting 5 or 6 boarding rooms.
1. For passive needs.
2. For educational expenses.
3. For Bitcoin investment
4. Other investments.
5. Savings.
6. For unexpected expenses.

And for 3 and 4. I can use it to buy land, apartment or house when I make a big profit.
and 5th, I can use it for reserve funds when I really need it without involving my investments or anything.

[Pingrapole]

I think personal education is an ability or an asset to acquire it education has no age because by being properly educated we can be employed not only in jobs but in all fields education makes us future.
I think education is necessary first because it is one of our basic education that helps people to achieve their dreams when it is time to achieve it is better to achieve it.Education gives children the capital to shape their future, so if we send our children to school first, they will be left behind.There is no substitute for skill and competence to act according to the situation.Affordability of property or wealth is a very important aspect of human beings but the modified form of education is the acquisition of property.Before dealing with any situation you need to consider your situation.The opportunity to acquire education can stop at age 30 for some, 25 for some 18 or below, so depending on the situation, people have to try to acquire wealth, but all through education. It can be institutionalized May be through familial socialization or self-educated among the educated.Strategically we can achieve both together if we work hard.Higher degree is required to gain knowledge to help people and wealth is also required if you want to do something for your family, but I personally think you should try to do both.If you should try to get education according to the social environment and status then you will be ahead of the mind and think about your status after education from the position you are in And if you can't consider the post-graduation situation, then you should try to save as much wealth as you got from where you got your education.Property will value you for a period of time, but education will value you forever.A man after being a rich boy sometimes thinks about himself what have I achieved then he doesn't choose education then he doesn't choose education If I think I need education I can do it before I get wealth, and if I think I will get education through it, I can do it for wealth, it all depends on the situation.I can finally say that education is not something you have to acquire by going to school, you can be educated through self-education, you can take different courses from one country to another in different institutions Education can be acquired Education is a matter of achievement it can be by any means in any environment at any time and property will help you according to your ability.You will always be able to afford property and education will help you to acquire property later, but you have to try to acquire both.Both are equally important to me, so I don't want to separate either as different people may have different opinions I like it.

[Despairo]

It all depends on you, but if the first choice is the best, you will not think about the second choice it's mean buying a property is better than personal education for you.

As long as you understand the purpose of the property you want to buy e.g. to rent it, for business, or selling it higher, it's completely fine. No need to ask everyone opinions about financial decision because it's pointless. What do you need is how to safely buy the property, how to calculate the best price, etc.

[dothebeats]

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?

That's a hard question to answer, because you mentioned a limited budget and a limited budget is probably not a very big number. And how can this budget be for higher education, an apartment, a house or a piece of land and also for passive income.
And if anyone does, that person is pretty cool. And I realized that I might not be able to do that, because depending on the size of the budget, I think I have to have a large amount to do all that and also work hard, be very frugal and also be under pressure. Especially for passive income, because it is for the necessities of life.
And I try to answer it as best as possible, and if my budget is limited and maybe only enough to buy a big house. And maybe turn a big house into a boarding house so you can get lots of boarding rooms so you can make a lot of money from rent.
For example, only getting 5 or 6 boarding rooms.
1. For passive needs.
2. For educational expenses.
3. For Bitcoin investment
4. Other investments.
5. Savings.
6. For unexpected expenses.

And for 3 and 4. I can use it to buy land, apartment or house when I make a big profit.
and 5th, I can use it for reserve funds when I really need it without involving my investments or anything.

I like how you lay your plan like this, it makes it easier to understand your answer and possible plan if you go along with it, unlike the other replies that only show how better their answers are. Honestly, I answered investing in personal education for this question of OP. Considering my situation and how the system works in the country I live in, education is vital. However, your answer made a lot of sense to me, though it is also (in my opinion) hard to pull off. A big house that can fit 5-6 boarding rooms costs a lot here in my country and based on OP's post about having a limited budget I doubt that I can do that, maybe 2-3 ones is more possible. This only emphasized my (and surely a lot of others') points about having different answers depending on our own situations. However, perhaps if education is not as vital as it is in my country, I will go with your plan as it is an easyly understandable plan that takes lesser effort compared to others.

[DrBeer]

The question needs clarification
1. If you have earned money to buy a good real estate - we can conclude that you have enough knowledge, experience, and practice to continue earning. And your success implies that you can engage in self-development, which is close to the value of education.
2. If the money for real estate just "fell on your head" - here it's more complicated. If you do not have a job, and knowledge to start earning - real estate will solve a small part of your problems and temporarily. Why? Because you will still have the costs of maintenance and maintenance of real estate, taxes, utilities, .... And sooner or later, you'll sell your property. And you'll be back to the question of what's better? To buy knowledge or to buy real estate. but it's cheaper.
If you have a job that allows you to support yourself, but does not allow you to save significant sums, for example, to buy real estate - then it is logical to buy.

PS for one reminder - not all real estate is liquid. As well as not all knowledge - useful and can be applied

I still think investing in one knowledge is still the best because we can carry and apply it anywhere we go.  It can even earn us money to buy more properties. 

The answer is that it is a controversial statement for today's world.

Even if you find one education/profile that is profitable, this knowledge should be constantly kept up to date. The world is changing VERY fast!  Today you need doctors, today you need specialists in genetic development. And it seems to be the same field, medicine, but the knowledge is completely different. That's an exaggerated example.
In the same IT - everything changes very quickly, and having learned one language or framework, tomorrow it is not a fact that it will be in demand. You have to learn and develop constantly. Stable professions are usually somewhat "primitive" (I don't want to offend anyone, I just can't find a more appropriate description), which are not particularly affected by the passage of time.

[Xcode7]

It all depends on you, but if the first choice is the best, you will not think about the second choice it's mean buying a property is better than personal education for you.

As long as you understand the purpose of the property you want to buy e.g. to rent it, for business, or selling it higher, it's completely fine. No need to ask everyone opinions about financial decision because it's pointless. What do you need is how to safely buy the property, how to calculate the best price, etc.

I also think so, everyone has different goals and methods and everyone knows better what is best for themselves, there is no point in airing opinions, let alone forcing other people's ways, it means we won't succeed in anything.

Education and property are two very different things I think, both are important and it comes back to which thing will be prioritized in a person's life, some people will sometimes prioritize education and there are also those who will prioritize property.
So, it all comes back to each other and also their respective desires/goals.

Personally, I will allocate a lot of funds for education, because I already own property from my family's inheritance.
I already have a decent place to live and also have a property that can produce/rent out.

[ZAINmalik75]

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 in education and real estate business depends on your individual circumstances and your goals. If you are young and want to get a job and live your life peacefully and have fewer needs etc. then education is good but if you have limited funds then best suggestions will be to invest them in the real estate business. As Real estate become growing business day by day because of high population and limited land so by involving in such businesses will make your fund double and triple as time goes on and the age.
While at a same time when you took entry in such business another get into degree run. So after couple of time the same guy when he gets their degree and looking for a job at that time you will already took a huge growth in business so he will be alway one step behind you. Remember that education does not enrich you but instead, it provides you with some knowledge and a limited salary for living needs. Those who become rich from jobs means they are some how involved in illegal works like corruption. So if you grow up and do such bad things then it is 1000th times better to get into business with limited funds from the beginning.

[Doan9269]

If we are having a huge amount of worth in property and yet have no education about how to control and manage them will render them all to waste gradually before we know, it is not everyone that is willing to learn and know about asset management and also not every educated person knows the rightful application of asset management, which means we are expected to have both experience in asset or property management and also have a sound educational background to tackle any physical or theoretical challenges we may encounter in what we do.

[livingfree]

Real estate value increases yearly, you might be able to purchase it today but will be more expensive next year. How long will be the study you're about to do?

Calculate on how much inflation and the appreciation of the property that you'll have to deal with. Honestly, I'll take the risk and gamble of my life to choose that property and will study later if I want too since there are short courses that I can just learn.

While studying, the purchased value of that real estate that have became my house or apartment that's generating me money through renting is also growing.

[DrBeer]

If we are having a huge amount of worth in property and yet have no education about how to control and manage them will render them all to waste gradually before we know, it is not everyone that is willing to learn and know about asset management and also not every educated person knows the rightful application of asset management, which means we are expected to have both experience in asset or property management and also have a sound educational background to tackle any physical or theoretical challenges we may encounter in what we do.

A very important clarification! As proof - you can check the world information about the lives of people to whom fate presented a gift and they suddenly got rich (received a lot of money), but at the same time did not have the necessary knowledge / education to manage this money. the total majority of them just .. spent on primitive satisfaction! And in a very short period of time they returned again to their usual state - a poor man in the street, with memories of a short period of "wealth".

[Crypt0Gore]

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 never too late to go back to school, only if you want, but what should come first is having a source of income, you will need a lot of that to finance your education, I will gladly choose business first, and make sure money is coming in gradually and if or when I am ready to further my education I will proceed, age has nothing to do with education, you can always do this even in old age.

Fix the money problem at hand first, it's common sense, we all have parents and that's why we depend on them for our educational finances but assuming we don't have anyone, going back to further our education will be extremely hard, and if choosing from this option is all that's left, you will be stupid to spent everything on education because you can get all the degrees and still be stuck.

Also, all degree 🎓 owners end up working for money, let that sink in, it's always about the money, so to me, money first and education later, I can read and write, I know calculation, I learn from time to learn, this is good enough.

[JunaidAzizi]

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, have access to a wide jobs market, or 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 depends on the land where you are living. If you are in a place where education is high potential and after graduation, you can easily find a job that gives you a healthy package then go towards education in case there is no job available then start your own real estate business which will make you richer easily. However, it also depends on your favorites which you set as a goal, your needs, and your family circle also. If you look at the world the person who is richer is uneducated while the people who have an education will be always in the middle.
So if you want to become rich then invest in the real estate business which will give you a higher profit in return than education and yeah your life will be gone easily with less fear and issues. And if you want to gain information and spread it to others then the route is clear for you.

[demonica]

It actually depends on what you really want to do. There are knowledge and skills that aren't being taught in school. So if you really have a skills when it comes to investment or business stuff, you can choose to use that fund for investment. Since before getting a degree, it'll take so many years and money just to get a degree.

But if you want to have a profession then of course, you need to aim for your education. And if you prefer to have a stable income with lower risk, then education is a good choice since you can find different jobs without investing money yet you're still earning.

[Fivestar4everMVP]

I think it depends very much on the country one lives , but then, if I should choose based on the country I currently live in, I will with buying a house, or buying a piece of land and building one of the biggest shopping mall or business center.
This will not only earn me a passive income, but it also gives me rest and a complete peace of mind since I won't have to bother about working for anyone, but rather, other people will be working for me ..

This decision is based on the fact that the country I currently live in is a place where education is of no much importance or value, and besides, there are also no jobs for graduates, there are several people who have finished school, earned their degree and still walking the streets without jobs , buying a landed property or house, or a piece of land and building my own business is the best option for me .

[blockman]

It actually depends on what you really want to do. There are knowledge and skills that aren't being taught in school. So if you really have a skills when it comes to investment or business stuff, you can choose to use that fund for investment. Since before getting a degree, it'll take so many years and money just to get a degree.

That's a good point, entrepreneurial skills can't be learned in skill but you get only a theoretical approach there. But having an actual experience will make you better while running a business like renting business.

But if you want to have a profession then of course, you need to aim for your education. And if you prefer to have a stable income with lower risk, then education is a good choice since you can find different jobs without investing money yet you're still earning.

It varies to the person just as OP. If he values a stable income then he should choose the education and go with the corporate ladder. But if he wants to take the business path as of the moment then choose the rental and real estate. He can always go back to his roots of studying the course he wants.

[gunhell16]

Maybe that depends on your life situation, dude. If you belong to a rich family, do you think tuition fees will be a problem for your studies? The answer is, of course, not anymore. Because the family will give you everything, you can just finish your education. So you, as a child, do what your parents do if you have more money or allowances.

You will allocate more to other investment schemes that you think will grow your capital. But if you are not a rich person but instead come from a poor family and your only hope is education to get out of the poverty you are facing, you will surely prioritize spending money on your education. This is, practically speaking, based on my opinion.

[Dickiy]

It actually depends on what you really want to do. There are knowledge and skills that aren't being taught in school. So if you really have a skills when it comes to investment or business stuff, you can choose to use that fund for investment. Since before getting a degree, it'll take so many years and money just to get a degree.

That's a good point, entrepreneurial skills can't be learned in skill but you get only a theoretical approach there. But having an actual experience will make you better while running a business like renting business.

Yes, that's right, because basically there is some knowledge that cannot be obtained at school, but in my opinion most successful people now come not from school knowledge but from theories that they managed to create themselves. We can see that many have done it, and even that is proven, I often hear that there are some of them who are even only elementary school graduates but can create extraordinary inventions or even have big businesses.

So yes, in my opinion, even though you have spent a lot of time studying at school, it cannot guarantee how your future will be, will it be successful? Of course it can, but for a mediocre future it is also very possible.

[Gozie51]

You will allocate more to other investment schemes that you think will grow your capital. But if you are not a rich person but instead come from a poor family and your only hope is education to get out of the poverty you are facing, you will surely prioritize spending money on your education. This is, practically speaking, based on my opinion.

However education is not the only gate way to richness because some rich people who were not educated are now fixing themselves into schools or some just by their certificate from the school and that is it. Like if a CEO of an organisation only pays for school fees and other school requirements as a student but he doesn't attend classes for study of the course he registered for and at the end of the program he is called out for certificate award, it means he bought the certificate. So my point is education is not the only way to richness but except you are sure paying the fees is guarantee for job at the end because there are job loss across.

[isaac_clarke22]

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Remember when we all said that we wanted to be a doctor, lawyer, engineer back in the days? Yeah those were the days, now that we're getting real, we're being "practical" about everything. We all need money to survive and another money to be happy.

I could have invested all of my savings in high school for building small business for clothes early rather than buying some shawarma in the nearby stall. It's not really something that I should have regret of though as that was like back in the days already.