Just hard work doesn't guarantee wealth anymore.

[Abiky]

You're right, working smart is more important than working hard. However, that does not mean hard work is no longer important. You can have a good financial strategy, knowledge, and skills, but without the effort and discipline to execute them, they won't bring you success.

I have met some people who work less but still live a comfortable life, but that doesnt mean they are not hardworking. Most of them have also gone through period of nonstop hard work, quietly building their foundation before reaching where they're today.

Similarly, most of the wealthiest people have had to invest a great deal of time and effort before they could enjoy the success they achieved. None of them became rich simply by working less than other from the beginning.

Some become rich by inheritance. No need to work at all. Just a simple wealth transfer from your one of your deceased family members to you. I've noticed that those who get rich without effort, don't tend to value work as much as those who worked hard to build their way towards financial success. But don't worry, because tech will eventually change our society in ways we've never imagined.

Many predict AI will take over most (if not all) human jobs, leaving us with a "Universal Basic Income" system where the government pays us by doing absolutely nothing. Zero work or effort to earn money. Truth or fiction? Only time will tell...

[free-bit.co.in]

Some become rich by inheritance. No need to work at all. Just a simple wealth transfer from your one of your deceased family members to you. I've noticed that those who get rich without effort, don't tend to value work as much as those who worked hard to build their way towards financial success. But don't worry, because tech will eventually change our society in ways we've never imagined.

Many predict AI will take over most (if not all) human jobs, leaving us with a "Universal Basic Income" system where the government pays us by doing absolutely nothing. Zero work or effort to earn money. Truth or fiction? Only time will tell...

Inheritance or winning the lottery are exceptions. However, if they don't work hard and put in the effort to maintain and grow their wealth afterward, even inheriting a huge fortune can still end with them losing it all.

Without hard work, we will never become wealthy, nor will we be able to maintain what we have achieved in the long run, imo. So never underestimate the importance of hard work, and don't overstate working smart either.

As for AI or the idea of a future where government simply pay us without us having to do anything. I have never heard of that before and I do not really buy into such nonsense theories.

[Halifat]

Things have changed a lot ever since AI took the world by storm. Employers have been quickly replacing the human workforce with AI. All in an effort to increase productivity while keeping costs low. Greed has gotten in the way, and ruined everything.

Investing is the only way to build true wealth. Take two jobs and use the income to invest into assets or commodities with low supply and high demand. Or stick to one high-paying job and do the same. The thing is to make more than what you spend. It's hard, but not impossible to achieve. Let's just hope the entire global economy doesn't collapse overnight. That would be catastrophic.

Exactly, Economics is messy, that is why it's important for one not to put hope in one place or one asset because with the way things are going, it only takes someone who has different business ideas to survive. So, instead of panicking, they should earn more and spend less, especially on unnecessary things, as that way will help them in both good times and in bad times, the main point is that one should stay responsible and disciplined in all they are doing.

Staying responsible and disciplined is actually the best thing for every responsible person, this is all because the inflation have eaten up everything, but the idea of having multiple income is very good, because that is where a lot of us are surviving now, responsibility have piled up which is why we have to get ourselves engage in multiple source of income. In my own Society now even the Civil servant are not save anymore because the inflation have eaten up their salaries, some of them have engage in so many ways now just to meet up with their needs.

[Ab de villiers]

Staying responsible and disciplined is actually the best thing for every responsible person, this is all because the inflation have eaten up everything, but the idea of having multiple income is very good, because that is where a lot of us are surviving now, responsibility have piled up which is why we have to get ourselves engage in multiple source of income. In my own Society now even the Civil servant are not save anymore because the inflation have eaten up their salaries, some of them have engage in so many ways now just to meet up with their needs.

In today's circumstances, responsible discipline and financial prudence have become more important than ever. Inflation has really affected a person's life and it becomes difficult for a person to meet household expenses with only one income. Therefore, thinking about more sources of income is a positive thought, provided that a person works according to his strength and time. In today's era, many people are also doing additional work along with their main business so that they can meet the increasing expenses in a good way. The purpose of all this is not only to earn money but also to create financial stability for the future. If a person saves some of his income and stays away from wasteful spending, he can keep himself strong in difficult situations.

[eightdots]

Staying responsible and disciplined is actually the best thing for every responsible person, this is all because the inflation have eaten up everything, but the idea of having multiple income is very good, because that is where a lot of us are surviving now, responsibility have piled up which is why we have to get ourselves engage in multiple source of income. In my own Society now even the Civil servant are not save anymore because the inflation have eaten up their salaries, some of them have engage in so many ways now just to meet up with their needs.

In today's circumstances, responsible discipline and financial prudence have become more important than ever. Inflation has really affected a person's life and it becomes difficult for a person to meet household expenses with only one income. Therefore, thinking about more sources of income is a positive thought, provided that a person works according to his strength and time. In today's era, many people are also doing additional work along with their main business so that they can meet the increasing expenses in a good way. The purpose of all this is not only to earn money but also to create financial stability for the future. If a person saves some of his income and stays away from wasteful spending, he can keep himself strong in difficult situations.

Inflation has negatively impacted the finances of many people. Purchasing power has decreased, making it increasingly important to protect the value of your money. You have to protect the value of your money. To do this, you need to be knowledgeable about the markets. For those who don't have this option or don't consider it, another option is to find additional sources of income.

Additional income sources help you earn more money during times of inflation, thus reducing the impact of inflation. In fact, increasing your income sources is something that should be done not only during times of inflation but at all times.

[Conqueror777]

A couple of decades ago, we lived by the saying; "hard work ensure success".
In recent times, that is however not the case, as the whole system is evolving.

One can consider working for more hours as hard work, consider that with the wages on display currently as in most cases wages don't match the level of work, and the drastic economic situations, expenses are sure outweighing incomes from wages.

Hard work can lead to productivity and productivity can lead to more income for owners, not workers, as workers may be compensated with just a little pay rise. This then leads to my point, wealth comes from ownership of assets; such as businesses, real estate and even stocks, and not necessarily by hard work, systems are changing, and ownership income is increasing.

Hard work gets you there for sure, but it's no longer enough, ownership is the wealth engine!

Yes you have to work smartly too.

[angrybirdy]

A couple of decades ago, we lived by the saying; "hard work ensure success".
In recent times, that is however not the case, as the whole system is evolving.

One can consider working for more hours as hard work, consider that with the wages on display currently as in most cases wages don't match the level of work, and the drastic economic situations, expenses are sure outweighing incomes from wages.

Hard work can lead to productivity and productivity can lead to more income for owners, not workers, as workers may be compensated with just a little pay rise. This then leads to my point, wealth comes from ownership of assets; such as businesses, real estate and even stocks, and not necessarily by hard work, systems are changing, and ownership income is increasing.

Hard work gets you there for sure, but it's no longer enough, ownership is the wealth engine!

Yes you have to work smartly too.

Yuppp, if you're familiar with this, there's this saying in a corporate world that we should "work smart, not hard." So basically, it means that we should make the most out of the limited resources we have. So instead of spending a longer hours working, why not focus more on the tasks that can actually creates a greater value and cut down on things that eat a lot of our time but don't really give us much benefit??? I mean, working smart doesn't mean we should avoid any hard work...It just means that the effort we put in should be worth it and hopefully give us a better return.

[Sulegzy39]

Good commitment and financial caution are now more necessary than ever. Inflation has had a significant impact on people's lives, making it difficult for them to fulfil household expenses on a single salary. As a result, considering additional sources of income is a good idea, as long as a person works according to his or her abilities and time constraints.

In today's world, many people work extra hours on top of their main company to help them manage rising expenses. The goal of all of this is not just to make money, but also to ensure financial stability in the future. If a person saves a portion of his income and avoids needless expenditure, he can stay strong in difficult conditions.

[L E G E N D A R Y]

Good commitment and financial caution are now more necessary than ever. Inflation has had a significant impact on people's lives, making it difficult for them to fulfil household expenses on a single salary. As a result, considering additional sources of income is a good idea, as long as a person works according to his or her abilities and time constraints.

In today's world, many people work extra hours on top of their main company to help them manage rising expenses. The goal of all of this is not just to make money, but also to ensure financial stability in the future. If a person saves a portion of his income and avoids needless expenditure, he can stay strong in difficult conditions.

It's better for people to do one job well than to work multiple jobs and  yet have no result to show for it. Most people think that being successful in today's world is by working long hours, that's why after exhausting themselves, they still remain in the same position because they don't apply in the right strategy to make their effort count which is working smarter. This mindset can give people an additional income without much pressure on them. It can be skill, a business or an investment that will keep growing while they sleep.

[GiftedMAN]

It's better for people to do one job well than to work multiple jobs and  yet have no result to show for it. Most people think that being successful in today's world is by working long hours, that's why after exhausting themselves, they still remain in the same position because they don't apply in the right strategy to make their effort count which is working smarter. This mindset can give people an additional income without much pressure on them. It can be skill, a business or an investment that will keep growing while they sleep.

In the current work structure people choose to do multiple jobs not because they can not decide to master one and focus on building themselves to it till they master everything about it but due to lack of opportunities they are forced to trying different things so that it one doesn't favour them they switch to another one and use it to escape poverty for the moment. Do not blame people who work double shift to earn extra income, you don't know what's happening with them so you can't judge if they are doing the right things or not but if you have the opportunity to work smart and earn a double it what you are paid just be grateful but don't take others as fools.

[Etranger]

In today's world, many people work extra hours on top of their main company to help them manage rising expenses. The goal of all of this is not just to make money, but also to ensure financial stability in the future. If a person saves a portion of his income and avoids needless expenditure, he can stay strong in difficult conditions.

That is precisely the point, that people take on extra work simply to cover expenses. They do not have the opportunity to save for something large-scale. They just need more activity simply for survival, rather than for purposeful forward movement. Furthermore, before, a single job could sustain life. Nowadays that is rarely the case, still many are looking for side jobs, some alternative sources of income, because just one income is simply not enough.

[#CapsLOck]

In today's world, many people work extra hours on top of their main company to help them manage rising expenses. The goal of all of this is not just to make money, but also to ensure financial stability in the future. If a person saves a portion of his income and avoids needless expenditure, he can stay strong in difficult conditions.

That is precisely the point, that people take on extra work simply to cover expenses. They do not have the opportunity to save for something large-scale. They just need more activity simply for survival, rather than for purposeful forward movement. Furthermore, before, a single job could sustain life. Nowadays that is rarely the case, still many are looking for side jobs, some alternative sources of income, because just one income is simply not enough.

Agree with this point. In many cases today's additional work isn't about increasing wealth, its just a matter of keeping up with the cost of living. If most of the extra money is spent on rent, food, bills and the like, then there is little left over to save or invest. Even for a very hard worker, it is tough for someone to make any sort of financial moves. But the larger problem is that wages haven't always been able to keep up with costs and inflation. Much as hard work is essential, it won't translate into wealth without avenues to grow income, save, invest or generate assets.

[Franctoshi]

It's better for people to do one job well than to work multiple jobs and  yet have no result to show for it. Most people think that being successful in today's world is by working long hours, that's why after exhausting themselves, they still remain in the same position because they don't apply in the right strategy to make their effort count which is working smarter. This mindset can give people an additional income without much pressure on them. It can be skill, a business or an investment that will keep growing while they sleep.

In the current work structure people choose to do multiple jobs not because they can not decide to master one and focus on building themselves to it till they master everything about it but due to lack of opportunities they are forced to trying different things so that it one doesn't favour them they switch to another one and use it to escape poverty for the moment. Do not blame people who work double shift to earn extra income, you don't know what's happening with them so you can't judge if they are doing the right things or not but if you have the opportunity to work smart and earn a double it what you are paid just be grateful but don't take others as fools.

Inflation has messed the system up. If you're working hard to earn a living, the money that on a normal day could buy you a bunch of stuff before now, that same money no longer fits in today's economic reality. In Today's world, you have to figure out how to spend less energy and strength in doing something within the shortest period of time, people no longer care about how much hard you work or the amount of strength and energy put in, but how efficiently you're abable to deliver a job with less stress and within a shortest period of time.
 

[Rabata]

Things have changed a lot ever since AI took the world by storm. Employers have been quickly replacing the human workforce with AI. All in an effort to increase productivity while keeping costs low. Greed has gotten in the way, and ruined everything.

Investing is the only way to build true wealth. Take two jobs and use the income to invest into assets or commodities with low supply and high demand. Or stick to one high-paying job and do the same. The thing is to make more than what you spend. It's hard, but not impossible to achieve. Let's just hope the entire global economy doesn't collapse overnight. That would be catastrophic.

Exactly, Economics is messy, that is why it's important for one not to put hope in one place or one asset because with the way things are going, it only takes someone who has different business ideas to survive. So, instead of panicking, they should earn more and spend less, especially on unnecessary things, as that way will help them in both good times and in bad times, the main point is that one should stay responsible and disciplined in all they are doing.

Staying responsible and disciplined is actually the best thing for every responsible person, this is all because the inflation have eaten up everything, but the idea of having multiple income is very good, because that is where a lot of us are surviving now, responsibility have piled up which is why we have to get ourselves engage in multiple source of income. In my own Society now even the Civil servant are not save anymore because the inflation have eaten up their salaries, some of them have engage in so many ways now just to meet up with their needs.

Inflation has increased so much in recent times that it is difficult to live with a fixed income. If someone spends without planning properly, that is, spends unnecessarily and does not pay attention to the matter of savings, then his life will be even more miserable. In this situation, there is no other way but to increase multiple incomes. If a person can increase his income in a business or in some other way along with a job, then he will be able to survive in this situation. If the financial situation is bad from the beginning, then a person will have to be more diligent. He has to work hard and save as much as possible and later, if he wants, he can increase his income by starting a small business with that money.   

Job means being within limitations. In most cases, no matter how good a job a person does, it is not very satisfying for him. If he wants to independently meet his necessary expenses and needs, he must find additional income source.

[goldkingcoiner]

A couple of decades ago, we lived by the saying; "hard work ensure success".
In recent times, that is however not the case, as the whole system is evolving.

One can consider working for more hours as hard work, consider that with the wages on display currently as in most cases wages don't match the level of work, and the drastic economic situations, expenses are sure outweighing incomes from wages.

Hard work can lead to productivity and productivity can lead to more income for owners, not workers, as workers may be compensated with just a little pay rise. This then leads to my point, wealth comes from ownership of assets; such as businesses, real estate and even stocks, and not necessarily by hard work, systems are changing, and ownership income is increasing.

Hard work gets you there for sure, but it's no longer enough, ownership is the wealth engine!

Only hard work never guaranteed wealth. Especially not in this capitalistic, greedy society we live in today. What does guarantee wealth is hard work combined with big brains. And if you wanted to really become rich you would also have to add in being evil. No good person has ever become a billionaire. They are always people who are the most unscrupulous bastards who would sell their own mother for a few dollars.

A lot of things have to change...

[Decimetre]

A couple of decades ago, we lived by the saying; "hard work ensure success".
In recent times, that is however not the case, as the whole system is evolving.

One can consider working for more hours as hard work, consider that with the wages on display currently as in most cases wages don't match the level of work, and the drastic economic situations, expenses are sure outweighing incomes from wages.

Hard work can lead to productivity and productivity can lead to more income for owners, not workers, as workers may be compensated with just a little pay rise. This then leads to my point, wealth comes from ownership of assets; such as businesses, real estate and even stocks, and not necessarily by hard work, systems are changing, and ownership income is increasing.

Hard work gets you there for sure, but it's no longer enough, ownership is the wealth engine!

Only hard work never guaranteed wealth. Especially not in this capitalistic, greedy society we live in today. What does guarantee wealth is hard work combined with big brains. And if you wanted to really become rich you would also have to add in being evil. No good person has ever become a billionaire. They are always people who are the most unscrupulous bastards who would sell their own mother for a few dollars.

A lot of things have to change...

I don't know how true being a bad person is a good step to being rich even though everyone knows that being bad allows you do things without conscience, steal from the general public and go Scot free. I see riches as a product of hardwork plus smart work. Working hard without working smart can only give you a daily bread but not a real wealth. Smartness is needed to make the real money. Investing every earned bit, going for additional source of income and thinking outside the box.

Wealth does not come from just one source because wealth means you can no longer tell the amount of money you have at a given period. One must not be a billionaire to be seen as wealthy because wealth is what we say it is. A person who can afford all his needs and more and give to charity and able to attend to every of his wishes is wealthy and this is not only about being a billionaire. Everyone must not be a bad person in a world that's already out of morals.

[Pikiboy]

Though hard work is essential, but judging from the economic situation of today's society, hard work no longer guarantees wealth anymore in some scenarios.

Business owners and industries who has paid workers under them, are the real gold. These workers put in enough efforts just to ensure business stays afloat in other to receive their pay. But in the real sense, they are simply growing their bosses business.

In other to achieve wealth, one must be ready to explore other sources of acquiring wealth not just by hard work, but also working smart.

[L E G E N D A R Y]

In the current work structure people choose to do multiple jobs not because they can not decide to master one and focus on building themselves to it till they master everything about it but due to lack of opportunities they are forced to trying different things so that it one doesn't favour them they switch to another one and use it to escape poverty for the moment. Do not blame people who work double shift to earn extra income, you don't know what's happening with them so you can't judge if they are doing the right things or not but if you have the opportunity to work smart and earn a double it what you are paid just be grateful but don't take others as fools.

The thing there is that, the reason why a lot of people chose to become jacks of all trades isn’t simply because they lack focus or consistency, but because opportunities are quite limited and survival comes first. So the only way to stay afloat is literally to try other jobs simultaneously or do extra shifts as one job may not be enough to take care of the bills.

[ASloveapg]

Though hard work is essential, but judging from the economic situation of today's society, hard work no longer guarantees wealth anymore in some scenarios.

Business owners and industries who has paid workers under them, are the real gold. These workers put in enough efforts just to ensure business stays afloat in other to receive their pay. But in the real sense, they are simply growing their bosses business.

In other to achieve wealth, one must be ready to explore other sources of acquiring wealth not just by hard work, but also working smart.

Where you work, you are not only making yourself richer but also your employer richer, and no matter how hard you work, your salary remains the same. That is why if you want to acquire good wealth, you have to think smartly rather than work hard, and you have to create a system where you have to work more intellectually rather than physically, where you get results much more effectively even though the physical effort is less.
And so even if you work hard in a job, your salary will be the same, but if you can create such a source using intelligence, once it is established, it will continue to give you much better results.

[Royal Cap]

Do not blame people who work double shift to earn extra income, you don't know what's happening with them so you can't judge if they are doing the right things or not but if you have the opportunity to work smart and earn a double it what you are paid just be grateful but don't take others as fools.

For many multiple jobs are not a career strategy, but rather a decision made out of necessity. Especially when income is not stable, a second job often acts as a financial safety net.  In a country like ours, where living in the capital requires a single job to meet all the needs of daily life, there is no such thing as saving.

Most people think that being successful in today's world is by working long hours, that's why after exhausting themselves, they still remain in the same position because they don't apply in the right strategy to make their effort count which is working smarter.

Working smarter is important but it would not be right to call working long hours a direct mistake. The real question is whether that extra time is increasing income or just increasing exhaustion, If the latter, then the strategy needs to be changed.