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Author Topic: To afford personal education or a property? Where to allocate funds?  (Read 1136 times)
serjent05
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September 15, 2023, 10:42:30 PM
 #181

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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September 15, 2023, 10:46:54 PM
 #182

I wouldn't say money is more important than a proper degree and a valuable education, but given the circumstances I would've chosen getting the opportunity to earn money first since that sets me up for success and when done right, might even insure me for my whole life. With that in mind that leaves education to the table, ready for picking whenever I choose to. Sometimes taking the more practical path is the best one and I know that people will say you could easily take education first and then get yourself a good job after, but I just can't pass up a great opportunity like this one.

So even though I consider myself an intellectual and a lifelong learner, I'd pick money over education for the meantime. Better to have money and no degree than have a degree while you're struggling to make ends meet.

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September 15, 2023, 10:57:46 PM
 #183

OP's question is a question  of priority, for if you priotize knowledge so highly you would stop at nothing to attain it in the degrees required before all else like the buying of apartment etc.

I'll go for education, to be educated is to be armed mentally. An uneducated man that's fortunate to be rich is most likely cheated and shortchanged by those that are academically enlightened. Easily maneuvered and that can cause him to lose his wealth as he (uneducated) can sign off his properties to another without a grand understanding of what he's signing. But when you're educated and wealthy you are like an invincible entity, you can't be easily tossed
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September 15, 2023, 11:03:58 PM
 #184

OP's question is a question  of priority, for if you priotize knowledge so highly you would stop at nothing to attain it in the degrees required before all else like the buying of apartment etc.

I'll go for education, to be educated is to be armed mentally. An uneducated man that's fortunate to be rich is most likely cheated and shortchanged by those that are academically enlightened. Easily maneuvered and that can cause him to lose his wealth as he (uneducated) can sign off his properties to another without a grand understanding of what he's signing. But when you're educated and wealthy you are like an invincible entity, you can't be easily tossed
you could simply resolve that problem by having some people that knows about that field, when having yourself educated, there are most certainly many ways, like the thing you mentioned about signing off properties, you could literally make short research and you're set. attaining degree in this case personally from my opinion would be best after having property in which could generate passive income, hardly we can be financially independent if we don't try different ways than average people.
but i also think that there's nothing wrong with prioritizing education to that extent, each people have their own ideals and I think thats totally fine and in this regard, there could be many ways to gain success.

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September 15, 2023, 11:23:50 PM
 #185

OP's question is a question  of priority, for if you priotize knowledge so highly you would stop at nothing to attain it in the degrees required before all else like the buying of apartment etc.

I'll go for education, to be educated is to be armed mentally. An uneducated man that's fortunate to be rich is most likely cheated and shortchanged by those that are academically enlightened. Easily maneuvered and that can cause him to lose his wealth as he (uneducated) can sign off his properties to another without a grand understanding of what he's signing. But when you're educated and wealthy you are like an invincible entity, you can't be easily tossed
you could simply resolve that problem by having some people that knows about that field, when having yourself educated, there are most certainly many ways, like the thing you mentioned about signing off properties, you could literally make short research and you're set.
When I say educated people will take advantage it is those same people you think that knows so much about the field that will easily capitalize on your illiteracy to take advantage of the situation to double their profits from you.

Quote
attaining degree in this case personally from my opinion would be best after having property in which could generate passive income, hardly we can be financially independent if we don't try different ways than average people.
but i also think that there's nothing wrong with prioritizing education to that extent, each people have their own ideals and I think thats totally fine and in this regard, there could be many ways to gain success.
If your opinion is to have acquire properties and thereafter advancing to get a degree education the idea is still not a bad one. Anyhow we flip it one must come before the other. It all depends on which we priotize the most.
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September 16, 2023, 06:36:03 AM
 #186

OP's question is a question  of priority, for if you priotize knowledge so highly you would stop at nothing to attain it in the degrees required before all else like the buying of apartment etc.

I'll go for education, to be educated is to be armed mentally. An uneducated man that's fortunate to be rich is most likely cheated and shortchanged by those that are academically enlightened. Easily maneuvered and that can cause him to lose his wealth as he (uneducated) can sign off his properties to another without a grand understanding of what he's signing. But when you're educated and wealthy you are like an invincible entity, you can't be easily tossed
you could simply resolve that problem by having some people that knows about that field, when having yourself educated, there are most certainly many ways, like the thing you mentioned about signing off properties, you could literally make short research and you're set. attaining degree in this case personally from my opinion would be best after having property in which could generate passive income, hardly we can be financially independent if we don't try different ways than average people.
but i also think that there's nothing wrong with prioritizing education to that extent, each people have their own ideals and I think thats totally fine and in this regard, there could be many ways to gain success.
Everyone has a different way of looking at this, but it would be better for us to look at our own potential, whether we are able to continue our education and complete it well or not, if indeed we are able to complete our education well and can use what we have learn during education. I think it is good to continue education, but if we don't like continuing education, there is no harm in investing in property because as far as I know, the property business can generate profits but it takes a long time. In achieving success, they do not go through it in the same way, but they do it persistently and consistently so that they achieve their goal of achieving success.

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September 16, 2023, 10:07:47 AM
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 #187

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?

If there are job opportunities after I finish my university coursework and earn my degree, I will definitely use the money to sponsor my education rather than use it to purchase an apartment or piece of land that I will be renting out to generate passive income. This is because I think that an education a degree can take someone to a stage where they can always earn a lot of money if there's opportunities, whereas apartments or land will only provide someone with a stable income, which I don't think is enough. I don't think someone will house or land investment and without high education with have the opportunities someone with education degree will have if to rate the opportunity, so with that I see education with degree as best to invest in than just setting a house or land investment.

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September 16, 2023, 12:19:30 PM
 #188

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?

If there are job opportunities after I finish my university coursework and earn my degree, I will definitely use the money to sponsor my education rather than use it to purchase an apartment or piece of land that I will be renting out to generate passive income. This is because I think that an education a degree can take someone to a stage where they can always earn a lot of money if there's opportunities, whereas apartments or land will only provide someone with a stable income, which I don't think is enough. I don't think someone will house or land investment and without high education with have the opportunities someone with education degree will have if to rate the opportunity, so with that I see education with degree as best to invest in than just setting a house or land investment.

I completely agree with your thoughts, education, knowledge, and qualifications are things that will help us achieve all our dreams if we know how to use them effectively. But the funny thing is that many people do not choose education or a university degree because they think that degrees are useless today.

That situation is happening a lot in my country, students use money and connections to buy degrees but with an empty brain. Then they become unemployed and start blaming education and degrees. They have never looked back at themselves as useless people, people with no knowledge, no experience and think that having a diploma means having knowledge. When you have a degree and experience, you will easily find a job with high income and owning valuable assets is just a matter of time.

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AicecreaME
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September 16, 2023, 01:08:19 PM
 #189

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?

I would say to acquire an apartment, house, or anything that would give you a passive income, because you can enroll yourself later in any school you can afford while managing your business at the same time, it's not that hard especially if you're really a hardworking one for your dreams to come true.

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 to a person, but for me it makes me happy and contented knowing that I'm still alive, I have no enemies, I have a home and family. It's not about how much you have or what have you become, it's about who you really are and you're not pretending to be anyone just to please people and appreciating what God gives you in life.
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September 16, 2023, 01:39:56 PM
 #190

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?

If there are job opportunities after I finish my university coursework and earn my degree, I will definitely use the money to sponsor my education rather than use it to purchase an apartment or piece of land that I will be renting out to generate passive income. This is because I think that an education a degree can take someone to a stage where they can always earn a lot of money if there's opportunities, whereas apartments or land will only provide someone with a stable income, which I don't think is enough. I don't think someone will house or land investment and without high education with have the opportunities someone with education degree will have if to rate the opportunity, so with that I see education with degree as best to invest in than just setting a house or land investment.

I completely agree with your thoughts, education, knowledge, and qualifications are things that will help us achieve all our dreams if we know how to use them effectively. But the funny thing is that many people do not choose education or a university degree because they think that degrees are useless today.

That situation is happening a lot in my country, students use money and connections to buy degrees but with an empty brain. Then they become unemployed and start blaming education and degrees. They have never looked back at themselves as useless people, people with no knowledge, no experience and think that having a diploma means having knowledge. When you have a degree and experience, you will easily find a job with high income and owning valuable assets is just a matter of time.
As unfortunate as it is this is a common thing, I know many teenagers who are doing the same thing and then soon enough they will be either jobless or blaming the government for their current situation. It really needs to be shown just how important education is, even now that there are jobs that do not require much educational background, we all know that if we want to make it big we need to have the knowledge for it. No company will ever hire you if you have no background of what you are doing.

.
.HUGE.
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September 16, 2023, 02:02:22 PM
 #191

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?


This is a delicate question but interesting, it is more philosophical. To have is better than not to have because from whatever way you look at it you need to survive and you don't need to survive at the expense of someone else as you will become a burden to that person and you won't be happy also. God should provide so that we can have and extend hand of gift to others. If you have you will enjoy your life but not to have means you can't feed, you live a misery life of unfulfillment and penury. But to balance them both is a good feeling.
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September 16, 2023, 02:08:50 PM
Merited by Wexnident (2), fillippone (1)
 #192


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?

This question may vary from different people because we have different beliefs and values in life. But for me, I would choose to allocate my funds to pay for education. As a person who puts high value in education, I believe that this is something that other people cannot take away from you and acquiring education lasts for a lifetime. Yes, we can argue that there are free courses out there and you can rely on different resources, but it's still different if you have your degree. It's like a passport in which leads you to a lot of opportunities.

This can also depend on your country. In our case, having education is a high of importance because most of the industries and job opportunities here requires you to have a degree, even jobs like baristas and service crews are expecting you to finish at least secondary school or even college. This is sad, but living in a developing country means you need to work twice as hard because there are less opportunities, especially for those people who doesn't have a degree or finish their school.

Now, we can also argue that most of successful people did not finish their college like Bill Gates and Steve Jobs. But the reality is, you're not Bill Gates nor Steve Jobs.



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September 16, 2023, 02:58:33 PM
Merited by Wexnident (2)
 #193

This is literally the question to every one of us as we grow with our lives. Some are blessed with good financial backgrounds some are not as good while some literally start from scratch. I think if it is the age of learning then it's better to spend money on education only. This is primarily based on us building the skills to survive in the real world. The only reason we should spend on education is knowledge, a career path, and destiny to reach the highest level in that field.

If we start spending money on properties then they will grow eventually and that can also have amazing returns. The question is, will they be enough to survive for the rest of our lives? I highly doubt there is any scheme that can make you that rich or gain you that much money.

I think one should never break the protocol. Get the perfect degree, have an amazing career path, friends, family gatherings, extra-curricular activities, and learn as you go. Money will definitely follow you in your footsteps. So invest in education!
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September 17, 2023, 02:41:21 AM
 #194

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?

If there are job opportunities after I finish my university coursework and earn my degree, I will definitely use the money to sponsor my education rather than use it to purchase an apartment or piece of land that I will be renting out to generate passive income. This is because I think that an education a degree can take someone to a stage where they can always earn a lot of money if there's opportunities, whereas apartments or land will only provide someone with a stable income, which I don't think is enough. I don't think someone will house or land investment and without high education with have the opportunities someone with education degree will have if to rate the opportunity, so with that I see education with degree as best to invest in than just setting a house or land investment.

I completely agree with your thoughts, education, knowledge, and qualifications are things that will help us achieve all our dreams if we know how to use them effectively. But the funny thing is that many people do not choose education or a university degree because they think that degrees are useless today.

That situation is happening a lot in my country, students use money and connections to buy degrees but with an empty brain. Then they become unemployed and start blaming education and degrees. They have never looked back at themselves as useless people, people with no knowledge, no experience and think that having a diploma means having knowledge. When you have a degree and experience, you will easily find a job with high income and owning valuable assets is just a matter of time.
As unfortunate as it is this is a common thing, I know many teenagers who are doing the same thing and then soon enough they will be either jobless or blaming the government for their current situation. It really needs to be shown just how important education is, even now that there are jobs that do not require much educational background, we all know that if we want to make it big we need to have the knowledge for it. No company will ever hire you if you have no background of what you are doing.

What's even more funny is that they compare them to billionaires like Mark Zuckerberg or Steve Jobs, claiming that those people also don't have a college degree but can still become billionaires. But these lazy people forget one thing, they don't have a university degree, it's not that they don't have an education, they even study more than we think to be successful today. I really don't understand what these people are thinking when compared to the rare geniuses in this world. They constantly learn, constantly research, while today's youth do nothing and hope to become entrepreneurs without a degree. I come from a 3rd world country and I see this mindset spreading in these 3rd world countries.

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September 17, 2023, 10:31:43 AM
 #195

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.
Probably, your post is as good as to say that property is more valuable than getting quality education, and I definitely agree with this. What we need in life is to achieve daily survival, and with education alone, it won’t guarantee that we will live our lives comfortably. But if we chose both education and property, we can expect that what we will attain in the future is the bigger picture of our initial expectations. Unfortunately, only rich people can easily afford to obtain both.

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September 18, 2023, 11:51:19 AM
 #196

This can also depend on your country. In our case, having education is a high of importance because most of the industries and job opportunities here requires you to have a degree, even jobs like baristas and service crews are expecting you to finish at least secondary school or even college. This is sad, but living in a developing country means you need to work twice as hard because there are less opportunities, especially for those people who doesn't have a degree or finish their school.

Now, we can also argue that most of successful people did not finish their college like Bill Gates and Steve Jobs. But the reality is, you're not Bill Gates nor Steve Jobs.
Absolutely true. Education may not guarantee success, but it significantly enhances one's chances of achieving it. The inspirational stories of individuals like Bill Gates or other wealthy figures who didn't complete their education and still found success are remarkable. However, such paths are not to be emulated as long as you have sufficient resources to pursue education.

The seminars they conduct serve as motivation for those who couldn't complete their education due to various limitations. Bill Gates, in particular, serves as an example, demonstrating that for the less educated, there are still opportunities, albeit not abundant ones. With hard work and perseverance, positive outcomes can indeed follow.

As long as you have the means, maximize your self-improvement from within. Investing in oneself is a precious resource that comes with both a financial and time cost.
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September 18, 2023, 12:09:03 PM
 #197

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.
Probably, your post is as good as to say that property is more valuable than getting quality education, and I definitely agree with this. What we need in life is to achieve daily survival, and with education alone, it won’t guarantee that we will live our lives comfortably. But if we chose both education and property, we can expect that what we will attain in the future is the bigger picture of our initial expectations. Unfortunately, only rich people can easily afford to obtain both.

Property is more valuable in the long term but it's only applicable if you have the money to buy it or inherit it. Education gives you an edge mostly if you don't have the money to purchase a land and also inherit it. You also need a job to develop your land whether it's real estate that someone buys it or rent it or you'll make it a farm but you need to have capital on it for development.

Having both is best and I don't agree that just rich people can afford it. There are others working hard just to buy their own land doing multiple jobs and having multiple incomes even if they haven't gotten an education or even a degree so that they can invest in a land and rent it and receive a passive income.
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September 18, 2023, 09:40:45 PM
 #198

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?
For me, having a good quality of education can give you all the things you have mentioned later on. I am not saying that it will be limited only to those who have their degree at school, I am pertaining to the online courses that will be accepted worldwide. Honestly, my biggest investment is my education. My degree  in school did not help me to land a job but I enrolled in free and paid courses online and that helps me to get jobs that I wanted too.
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September 18, 2023, 09:51:52 PM
 #199

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?
Acquire some piece of land or apartments on which you could really be able to get somepassive income and then on the time that you are making money then this is the time that you would consider on taking up some education on which you would really be able to make yourself more better in terms about opportunities and the things that you would really be able to do. Money is almost everything and if you do have this then you could really do all the things that you do want because you do have the funds on doing so unlike on having none then you cant really do anything.Somewhat having a degree or education would really be giving out that
kind of advantage on the time that you are really that aware on how things been moving around and since you do have that intellect and awareness then its impossible that you wont really be able to know
on what you should gonna do.

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September 18, 2023, 10:51:06 PM
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I wouldn't say money is more important than a proper degree and a valuable education, but given the circumstances I would've chosen getting the opportunity to earn money first since that sets me up for success and when done right, might even insure me for my whole life. With that in mind that leaves education to the table, ready for picking whenever I choose to. Sometimes taking the more practical path is the best one and I know that people will say you could easily take education first and then get yourself a good job after, but I just can't pass up a great opportunity like this one.

So even though I consider myself an intellectual and a lifelong learner, I'd pick money over education for the meantime. Better to have money and no degree than have a degree while you're struggling to make ends meet.
I also have thoughts similar to what you said. Because I also think that we can get education slowly after we make money. Because for me seeking insight is not only limited to getting a bachelor's degree. But it's more than that. So strengthening our finances first is what must be prioritized. And considering the current global economic conditions. So we also have to prioritize the opportunity to earn money first. Because we have to survive when the economic crisis hits the world. I also understand the importance of education. It's just that the current economic situation has changed my priorities and my current perspective.

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