The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Information on this website may not be current. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; we do not recommend or endorse the contents of any third-party sites. Readers of this website should contact their attorney, accountant or credit counselor to obtain advice with respect to their particular situation. No reader, user, or browser of this site should act or not act on the basis of information on this site. Always seek personal legal, financial or credit advice for your relevant jurisdiction. Only your individual attorney or advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, contributors, contributing firms, or their respective employers.
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them. Compensation is not a factor in the substantive evaluation of any product.
In my five-year study of the daily habits of the rich and poor, one statistic that I found very interesting related to job satisfaction. Eighty-six percent of the wealthy indicated that they liked their job, while 7% indicated that they loved their job. How about the poor? Ninety-seven percent of the poor indicated that they did not like their job and 58% indicated that they hated their job.
But, while those statistics are interesting, what I found even more interesting was how this affected their wealth or poverty. Those wealthy 7% who loved their job had a net liquid worth that was more than twice that of the wealthy who merely liked their job.
When it came to the poor, those who hated their jobs made, on average, $12,000 less than the poor who simply did not like their jobs. That $12,000 worked out to an almost 40% difference in earnings. Clearly, there is a financial cost to not liking what you do for a living.
What this data makes clear is that if you want to have any shot at becoming rich, you’ve got to at least like what you do for a living. And if you want to break free from poverty, you’ve got to find something to do for a living that you at least like. Hating what you do for a living almost certainly means you will face some financial struggles.
Those who love what they do for a living have a passion for their work. Loving your job and having passion for your job are joined at the hip. Those who love what they do have more energy, work longer hours and are completely committed to performing at the highest levels, adding value to those they serve. Consequently, they get paid the most and accumulate the most wealth.
Image: Digital Vision
September 13, 2021
Uncategorized
August 4, 2021
Uncategorized
January 28, 2021
Uncategorized