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Author Topic: To afford personal education or a property? Where to allocate funds?  (Read 1240 times)
dothebeats
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September 12, 2023, 06:25:36 AM
 #161

It depends on your current income source. If it's me, I have a limited budget and I have got to choose one of the two things you've mentioned, I will definitely first see where I stand in my life right now. If I have a job with a stable monthly income, I will probably go with buying land or property to secure my future as I can always get a degree later on if I've got the money as I already have a job and earning an income that I can use for daily needs.

However, if I don't have a job and just a budget, I don't find both of the options to be good choices since you won't get any immediate results from any of the two. It will take some time for you to complete your education and get your degree and a job after that, and it will also take you some time for the property to generate some money for you.
Exactly, it depends on our income and what do we value in life more. Some will choose a property because they already have a stable source of income and only need a channel for an extra one. Some will choose the same but for a completely different reason like choosing education at a later time in their life as they want to focus on investments first and spend the majority of their time there. On the other hand, there are people who will choose education because having a degree is vital to them, especially if it is something their culture holds much importance to. I'm sure others will also choose education for various reasons. Lastly, there will also be individuals who will choose neither and instead focus on finding a job to have a better source of income so that one day they can afford both education and investments.

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fruktik
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September 12, 2023, 07:44:11 AM
 #162

When making the decision to prioritize education, I am invariably reminded of this image, wherein a delicate balance must be struck between education and financial stability.



However, I believe not everyone possesses enough self-confidence to opt for education when they have the means to do so, as investments also hold the potential for financial gain.
This picture very characteristically describes the balance in the current world and in the current time of stay. Not many people will understand its meaning. They will continue to be in their life aquarium and will never achieve the goals they have set for themselves.
What in the modern world prevents you from developing independently? Aren't there any tools for this? Just look at the information world wide web, where you can find anything. Do you know what bothers people? Banal laziness. Everything needs to be presented to them on a plate ready-made.

 
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bakasabo
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September 12, 2023, 08:05:49 AM
 #163

It is a bit unclear what is "personal education" and "superior course" ? Just a regular education that open door to something more exclusive and unique? And it is unclear what is the size of the budget. I mean, a person can choose property option, get passive income and in some years get that "personal education". It is property, that gives profit now, and education, that only might give profit later. Dont forget, that education, without experience, skills and funding is just theory.

 
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BitcoinTurk
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September 12, 2023, 09:32:54 AM
 #164



This image literally shows the balance in today's world. It expresses that an individual who has no education and doesn't improve himself is actually stuck within his own walls and doesn't accept an outside opinion. On the other hand, it shows that an individual who is educated even if he doesn't have money can see the world outside his own thoughts while those who have improved themselves and received their education and have money can see a wider area through this window.

The worst thing this image means is that a rich person can see the outside world completely without any education. Although it is not clearly visible in the image the fact that such people are especially rich and ignorant unfortunately results in complete disappointment.
Ahli38
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September 12, 2023, 10:01:16 AM
 #165

In many developing countries, including my own area, the majority of people tend to feel content when they receive their standard salary, which covers their basic needs. This is often because they have never received such a substantial income before. However, within the realm of employment, this standard salary is just that - standard, and there are numerous job opportunities offering higher pay.

The standard salary in my area falls short of sustaining a comfortable life and paying for educational expenses. Consequently, many individuals find themselves stuck with their standard income and unable to advance their educational pursuits.

When making the decision to prioritize education, I am invariably reminded of this image, wherein a delicate balance must be struck between education and financial stability.



However, I believe not everyone possesses enough self-confidence to opt for education when they have the means to do so, as investments also hold the potential for financial gain.
Oh my friend, I like the picture you show in this post. Because this picture actually contains a very deep philosophy of life regarding money and education. or related to Insight and economics. That is, a person who is too focused in his life on collecting money but he does not have enough insight, so when he is successful he will have difficulty seeing the world which is actually so beautiful and sometimes needs a helping hand. People who are too invested in money find it difficult to see the world at large. Because he stood too high and the wall of wealth had made it impossible for him to look down clearly. Different from people who have balance in finances and insight. They have a broad outlook and a beautiful life.

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milewilda
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September 13, 2023, 06:44:35 PM
 #166

In many developing countries, including my own area, the majority of people tend to feel content when they receive their standard salary, which covers their basic needs. This is often because they have never received such a substantial income before. However, within the realm of employment, this standard salary is just that - standard, and there are numerous job opportunities offering higher pay.

The standard salary in my area falls short of sustaining a comfortable life and paying for educational expenses. Consequently, many individuals find themselves stuck with their standard income and unable to advance their educational pursuits.

When making the decision to prioritize education, I am invariably reminded of this image, wherein a delicate balance must be struck between education and financial stability.

---
However, I believe not everyone possesses enough self-confidence to opt for education when they have the means to do so, as investments also hold the potential for financial gain.
Oh my friend, I like the picture you show in this post. Because this picture actually contains a very deep philosophy of life regarding money and education. or related to Insight and economics. That is, a person who is too focused in his life on collecting money but he does not have enough insight, so when he is successful he will have difficulty seeing the world which is actually so beautiful and sometimes needs a helping hand. People who are too invested in money find it difficult to see the world at large. Because he stood too high and the wall of wealth had made it impossible for him to look down clearly. Different from people who have balance in finances and insight. They have a broad outlook and a beautiful life.
Everything on this world needs balance if you do really want for that peaceful living and live accordingly on what you do prefer but we do know that people would really be aiming for more money if they do have the chance.
Having a degree or education would be always an advantage not only on the fact that knowledge is power but also the fact that it would really be helping you out on making more money if you do engage on different jobs or positions or even trying out to make your own business since you do have the idea on what you should gonna do. Everyone do really aims on making money and no matter what the method or ways as long they would really be able to obtain on what they are really aiming for. We know that having more money does indicate that having that kind of power or freedom on which a certain individual could have.
This is why when ti comes to selection or choices then people would really be prefering on having a property where they could really be able to generate income or passive on which later on if they would really be deciding
on having a better education then they could freely do on what they do want since they do have the money that they could spend on.Doesnt really need that criticial or serious thing on which we would really be choosing up.

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September 14, 2023, 04:31:58 AM
 #167

.................
Everything on this world needs balance if you do really want for that peaceful living and live accordingly on what you do prefer but we do know that people would really be aiming for more money if they do have the chance.
Having a degree or education would be always an advantage not only on the fact that knowledge is power but also the fact that it would really be helping you out on making more money if you do engage on different jobs or positions or even trying out to make your own business since you do have the idea on what you should gonna do. Everyone do really aims on making money and no matter what the method or ways as long they would really be able to obtain on what they are really aiming for. We know that having more money does indicate that having that kind of power or freedom on which a certain individual could have.
This is why when ti comes to selection or choices then people would really be prefering on having a property where they could really be able to generate income or passive on which later on if they would really be deciding
on having a better education then they could freely do on what they do want since they do have the money that they could spend on.Doesnt really need that criticial or serious thing on which we would really be choosing up.
You are right that all things that are balanced will always bring peace and harmony. Because balance also implies a sign of equality or justice. That is why the symbol of justice is always displayed with the image of balanced scales. And it seems the same is true in the world of economics or in our careers. But things in this world sometimes don't always go according to what we planned. We are all aware of the importance of education, but on the one hand, we also definitely need life support such as good finances. So, in choosing to use the money for education or investing in property, there will be different views. It's just that choosing to make more money which we can later use to continue our education is also a pretty wise choice. Because when we already have passive income and we want to broaden our horizons by entering the world of education, that time will definitely be better. Because we can be more focused on deepening our insight without having to think too much about money. Because we already had income at that time and no longer worried about money.

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September 14, 2023, 06:37:14 AM
 #168

It depends on your current income source. If it's me, I have a limited budget and I have got to choose one of the two things you've mentioned, I will definitely first see where I stand in my life right now. If I have a job with a stable monthly income, I will probably go with buying land or property to secure my future as I can always get a degree later on if I've got the money as I already have a job and earning an income that I can use for daily needs.

However, if I don't have a job and just a budget, I don't find both of the options to be good choices since you won't get any immediate results from any of the two. It will take some time for you to complete your education and get your degree and a job after that, and it will also take you some time for the property to generate some money for you.
Exactly, it depends on our income and what do we value in life more. Some will choose a property because they already have a stable source of income and only need a channel for an extra one. Some will choose the same but for a completely different reason like choosing education at a later time in their life as they want to focus on investments first and spend the majority of their time there. On the other hand, there are people who will choose education because having a degree is vital to them, especially if it is something their culture holds much importance to. I'm sure others will also choose education for various reasons. Lastly, there will also be individuals who will choose neither and instead focus on finding a job to have a better source of income so that one day they can afford both education and investments.
For those who choose to continue their education, of course they have thought carefully about what they will do after they complete their education and for those who choose to use their funds to buy property, perhaps they realize that continuing their education requires quite a lot of money and if they cannot Of course, completing his education will be very detrimental to him in the future. I am more interested in finding a job that has a good income so that I can make an investment than continuing my education, because continuing my education without having a good income is a very difficult thing to do.

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September 14, 2023, 09:21:20 AM
 #169

For those who choose to continue their education, of course they have thought carefully about what they will do after they complete their education and for those who choose to use their funds to buy property, perhaps they realize that continuing their education requires quite a lot of money and if they cannot Of course, completing his education will be very detrimental to him in the future. I am more interested in finding a job that has a good income so that I can make an investment than continuing my education, because continuing my education without having a good income is a very difficult thing to do.
Many people face this choice. A very difficult situation. Still, it is better to start investing as early as possible so that in a few years you will have money for both real estate and education. Other options are not suitable for me personally. There simply isn’t enough money for everything.
It’s hard to make ends meet, and all this requires finance. Too often you are torn into many parts by this state of affairs, but there is no concrete way out.

 
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September 14, 2023, 06:09:58 PM
 #170

A property is a long term investment for the future and a land can generate money through being rented or for growing crops but then you have more money to put in and a slowing down of growth. On the other hand education is something that will be a short term thing but gives you an edge over others. The future prospect will be much better if you have a degree and then think of a property.

However family problems and financial constraints are important to consider here. If you are in need of money education will have to wait but keep in mind that as you grow old the chances of going through the education grind is tough.

Exactly, and in the event of a problem in the future, you will always know there is something you can rely on rather than running up and down looking for help, and land can truly generate good money but location has to be considered in a way, if the land is located in a good spot then more money but even at that the owners profit is still secured, as long as it is a landed property. It is one of the best investments because there is always a market for it. That is where education shines, giving you an advantage and allowing you to handle any scenario differently. As a result, both property and education are essential.

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September 14, 2023, 06:30:34 PM
 #171

It is a bit unclear what is "personal education" and "superior course" ? Just a regular education that open door to something more exclusive and unique? And it is unclear what is the size of the budget. I mean, a person can choose property option, get passive income and in some years get that "personal education". It is property, that gives profit now, and education, that only might give profit later. Dont forget, that education, without experience, skills and funding is just theory.
I do agree with you that, the value of skills and experience is much more than education because we can always see that companies that hire workers usually check whether they have experience and skills rather than have a lot of degrees, I know that they also need you to have a certain degree to be able to apply for the position, but there are a lot of occasions in life where your education won't be of help if you lack the necessary skills and experience.

So, it's always better if someone can start building assets at an early age so that when they grow bigger, they won't need to be dependent on someone else or struggle to make money while also trying to pursue their education. If you already have the money problem solved, you can always get your education completed without any problems.

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September 14, 2023, 06:42:24 PM
 #172

It depends on your current income source. If it's me, I have a limited budget and I have got to choose one of the two things you've mentioned, I will definitely first see where I stand in my life right now. If I have a job with a stable monthly income, I will probably go with buying land or property to secure my future as I can always get a degree later on if I've got the money as I already have a job and earning an income that I can use for daily needs.

However, if I don't have a job and just a budget, I don't find both of the options to be good choices since you won't get any immediate results from any of the two. It will take some time for you to complete your education and get your degree and a job after that, and it will also take you some time for the property to generate some money for you.
Exactly, it depends on our income and what do we value in life more. Some will choose a property because they already have a stable source of income and only need a channel for an extra one. Some will choose the same but for a completely different reason like choosing education at a later time in their life as they want to focus on investments first and spend the majority of their time there. On the other hand, there are people who will choose education because having a degree is vital to them, especially if it is something their culture holds much importance to. I'm sure others will also choose education for various reasons. Lastly, there will also be individuals who will choose neither and instead focus on finding a job to have a better source of income so that one day they can afford both education and investments.
I agree with this because basically for those who are in the scope of property actually if you look at the financial condition of most of them it is already stable because they realize that being in property even though it has great benefits but they also understand that this requires large capital as well.
Someone who is in this business at least for my country can be said to be one of the successful people in business because by looking at what is done from the beginning when investing capital is certainly very difficult to follow where it takes time to return from the investment made so it is important to realize this if indeed we are still a little difficult in financial though it can still be done for the property business but it would be better to look for business options first.
Investment in property is indeed very promising but we must realize that our initial capital and financial condition must be balanced so as not to feel financial difficulties in the middle of the road.

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September 15, 2023, 04:20:12 PM
 #173

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?
There are various factors that will determine what a person will choose in this scenario.
Factors like: Academic status, social status, environmental factors, and financial factor. And each of these factors are interrelated in a way depending on the person's position on the social ladder.
For anyone that hae basic education but doesn't have a high social, financial status and from a hostile environment that even with a said acquired superior course the chances of bagging a good paying job is slim I'll make use of the money to acquire a property that'll yield passive income that can be used to get a superior degree. But for someone that is at an advantage of all the factors I mentioned above, getting an additional academic qualification is more to increase his portfolio than to earn a living. The question of what is more valued is different in perspective and it depends on what place on the following factors that are mentioned above. Cause really of what value is a superior degree when it really cannot be practiced and even when praticed can not be milked from to solve one's challenges?

R


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September 15, 2023, 04:44:53 PM
 #174

So, it's always better if someone can start building assets at an early age so that when they grow bigger, they won't need to be dependent on someone else or struggle to make money while also trying to pursue their education.
I agree that if someone has the opportunity to own a property and build his assets at an early age, it's also an advantage and a good experience to have. When someone experiences that at an early age, that's going to make them learn more about the reality of life and that also going to open them more to risk-taking.

If you already have the money problem solved, you can always get your education completed without any problems.
In our country, there are a lot of people that graduate late and that's totally fine and there's no taboo in our society even with that. It's true that you can get that education without any problem when you already have a continue cash flow and passive source of income.

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September 15, 2023, 05:48:07 PM
 #175

For those who choose to continue their education, of course they have thought carefully about what they will do after they complete their education and for those who choose to use their funds to buy property, perhaps they realize that continuing their education requires quite a lot of money and if they cannot Of course, completing his education will be very detrimental to him in the future. I am more interested in finding a job that has a good income so that I can make an investment than continuing my education, because continuing my education without having a good income is a very difficult thing to do.
Many people face this choice. A very difficult situation. Still, it is better to start investing as early as possible so that in a few years you will have money for both real estate and education. Other options are not suitable for me personally. There simply isn’t enough money for everything.
It’s hard to make ends meet, and all this requires finance. Too often you are torn into many parts by this state of affairs, but there is no concrete way out.
In investing there are also many things that we need to prepare for what type of investment we will choose and also a large amount of capital. If we don't have a good plan in investing, of course we won't be able to last long and we will experience losses because we don't understand well what what we have done. I think this is our own responsibility to meet our living needs, not other people, so we have to keep doing our work to generate our income so that we don't depend on other people.

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September 15, 2023, 06:50:31 PM
 #176

It depends on your current income source. If it's me, I have a limited budget and I have got to choose one of the two things you've mentioned, I will definitely first see where I stand in my life right now. If I have a job with a stable monthly income, I will probably go with buying land or property to secure my future as I can always get a degree later on if I've got the money as I already have a job and earning an income that I can use for daily needs.

However, if I don't have a job and just a budget, I don't find both of the options to be good choices since you won't get any immediate results from any of the two. It will take some time for you to complete your education and get your degree and a job after that, and it will also take you some time for the property to generate some money for you.
Exactly, it depends on our income and what do we value in life more. Some will choose a property because they already have a stable source of income and only need a channel for an extra one. Some will choose the same but for a completely different reason like choosing education at a later time in their life as they want to focus on investments first and spend the majority of their time there. On the other hand, there are people who will choose education because having a degree is vital to them, especially if it is something their culture holds much importance to. I'm sure others will also choose education for various reasons. Lastly, there will also be individuals who will choose neither and instead focus on finding a job to have a better source of income so that one day they can afford both education and investments.
I agree with this because basically for those who are in the scope of property actually if you look at the financial condition of most of them it is already stable because they realize that being in property even though it has great benefits but they also understand that this requires large capital as well.
Someone who is in this business at least for my country can be said to be one of the successful people in business because by looking at what is done from the beginning when investing capital is certainly very difficult to follow where it takes time to return from the investment made so it is important to realize this if indeed we are still a little difficult in financial though it can still be done for the property business but it would be better to look for business options first.
Investment in property is indeed very promising but we must realize that our initial capital and financial condition must be balanced so as not to feel financial difficulties in the middle of the road.
Everything should be balance and should really be considered because if you do rush up thing on making up some investment but couldnt be able to sustain in the middle because of possible expense and other problems then those things that you do hard work for would really be going to waste and  this is something that we should really be carefully thinking and planning because if we dont then for sure it would really be a disaster.
When it comes to real estate or having those property then it cant be denied that return of investment would really be taking lots of years or even decade but we know that as long it would be slowly but surely kind of pace then time will come that you would really be able to benefit out on the time that you had able to get your investment back and now earning that passive income which it cant really be easily taken on you since your the owner or the one who had established it out. The only main issue or thing that you could really be needing to solve out is on how you would be able to make such start up? We know that investment on something like this wont come cheap which means that you would really be needing tons of money for you to touch up this venture and this is why people would really be redirecting into some possible options which they could be able to take since they do really lack of that financial capability which it is indeed the reality.

R


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September 15, 2023, 06:58:26 PM
 #177

I prefer to directly buy property for investment. if you buy education from the capital you get. or allocating it for education, you will actually lose some of your capital there because direct practice will be more effective than just theory. The material obtained from education is only a few materials, but they will not experience things like losses and profits and also when you practice you will get education from your own experience.

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September 15, 2023, 09:30:50 PM
 #178

Investing in good education is like investing for our future wealth. That will always be a word of wisdom most particularly at the time of our parents. However, the present time demands a more different life's perspective. If you want to improve and make remarkable changes in your life, then invest into something productive like landed properties as early as now. Education can wait and will always be possible with the different educational resources online, but this one opportunity to invest is just one of a lifetime opportunity so you have to grab it now before the chance has finally gone.
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September 15, 2023, 09:38:59 PM
 #179

I agree with this because basically for those who are in the scope of property actually if you look at the financial condition of most of them it is already stable because they realize that being in property even though it has great benefits but they also understand that this requires large capital as well.
Someone who is in this business at least for my country can be said to be one of the successful people in business because by looking at what is done from the beginning when investing capital is certainly very difficult to follow where it takes time to return from the investment made so it is important to realize this if indeed we are still a little difficult in financial though it can still be done for the property business but it would be better to look for business options first.
Investment in property is indeed very promising but we must realize that our initial capital and financial condition must be balanced so as not to feel financial difficulties in the middle of the road.
Everything should be balance and should really be considered because if you do rush up thing on making up some investment but couldnt be able to sustain in the middle because of possible expense and other problems then those things that you do hard work for would really be going to waste and  this is something that we should really be carefully thinking and planning because if we dont then for sure it would really be a disaster.
As I said earlier because in terms of investment, especially for property issues, it is not as easy as imagined because this requires capital and the income we have must have a good balance in order to continue to survive because if not then this will actually backfire on ourselves.
Maybe some people will say this is a risk but in my opinion this kind of risk can be minimized from the start if we know our condition whether we are able or not to be in property investment which requires a lot of money, if in the end we are not able then don't force yourself too much for that and you can focus on other investments that are smaller in scale.

Quote
When it comes to real estate or having those property then it cant be denied that return of investment would really be taking lots of years or even decade but we know that as long it would be slowly but surely kind of pace then time will come that you would really be able to benefit out on the time that you had able to get your investment back and now earning that passive income which it cant really be easily taken on you since your the owner or the one who had established it out. The only main issue or thing that you could really be needing to solve out is on how you would be able to make such start up? We know that investment on something like this wont come cheap which means that you would really be needing tons of money for you to touch up this venture and this is why people would really be redirecting into some possible options which they could be able to take since they do really lack of that financial capability which it is indeed the reality.
In this case when we are really serious about being in property investment then I don't think you need to be too confused about how to start.
When you already feel capable of being in that field mentally and financially then you just have to learn what you have to do by looking for more knowledge about property and looking for a good scheme for the strategy you want to do in this investment. Initial planning always plays an important role in anything as well as in investment because when you already have a careful plan and the way you do it is right then it can lead you to a better direction.

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September 15, 2023, 10:42:30 PM
 #180

Investing in good education is like investing for our future wealth. That will always be a word of wisdom most particularly at the time of our parents. However, the present time demands a more different life's perspective. If you want to improve and make remarkable changes in your life, then invest into something productive like landed properties as early as now. Education can wait and will always be possible with the different educational resources online, but this one opportunity to invest is just one of a lifetime opportunity so you have to grab it now before the chance has finally gone.

Education can wait but the opportunity doesn't. This can be say about property, it can wait but the price doesn't.  Anyway, I am always inclined to choose education but in this kind of situation, there is no wrong answer, it all goes down to the preference of a person.  If the person does not want to gain more knowledge and wants to take profit from being idle, then property it is, if he has the funds to convert them to renting space, either for people to use or commercial place or parking space, it is profitable and may sustain the livings of the person as long as the place is in demand for renting.

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