10 REASONS WHY MOST EDUCATED PEOPLE END UP POOR/BROKE?
— Tell us atleast one reason.

This segment goes out to all college students that are yet to graduate and those that graduated but still struggling financially.
Below are 10 reasons why many educated people out there hold Masters, PhD, Doctorate etc but still remain broke in life!

REASON 1.
Many educated people are poor because financial Education isn't given as a core to students in schools. Each time you mention education, most people think about a school as an institution to teach everything about life. This doesn't mean that you know anything about money. Schools were not designed to give education about money and it doesn't matter how long or how many degrees you get in a formal education system, you may know nothing! You therefore need financial Education, read books about money and get mentors.

REASON 2.
Most educated people become Uneducated immediately after college. After attaining the highest level in education, they cease to learn. This shouldn't be the case. Education is endless. You need to learn new things everyday and update your mind. Read books, news papers, novels, listen to educational audios, follow educative social media platforms and personalities like SsalongoSsali256 etc.

REASON 3.
The more time you spend in school, the more you're likely to love jobs. Schools just train you on how to become a good employee! Jobs don't give you knowledge to create wealth. They (schools) just teach written content. The more you love job, the less you're more likely to be poor. Loving your job simply means that you're going to work with one brain for the rest of your life which isn't the correct approach to wealth creation. While everyone can't be an entrepreneur, everyone can get financial Education. Just learn and master the art of investment and become financially independent.

REASON 4.
Many people who believe they are educated are actually arrogant. Because they have degrees, they tend to believe that these other guys who never completed the course don't know anything. So they are not humble enough to listen and learn! Contrary to this, no matter the level of formal education, these less educated people know where the world is going.

REASON 5.
Because they are highly paid, they buy a lot of liabilities like expensive phones, clothes, shoes, TV sets, latest cars, they waste a lot of time and money on vacations thus they forget to invest in their future. When they are terminated from their jobs, they Moo like cows!

REASON 6.
Many educated people may be poor because of college debts. They get student's loans while at college/University to cater for their tuition and after the course, they spend long time paying back the loan! This limits wealth accumulation.

REASON 7.
Another shocking reason why educated people are poor is that they tend to lose their jobs. Schools train them to become job seekers for white collar job thus underlooking other businesses to be for less educated.
In today's economy, it doesn't matter how many degrees you have; anything can happen then you lose your job. Though entrepreneurs can also lose their businesses, when you compare the possibility of losing your business to the possibility of losing a job, then you're going to see the difference. An employee's job depends on the decision of another Man (Boss) while an entrepreneur is in control of his job/business.

REASON 8.
So many educated people could be poor because taxes and other institutionalized charges are made for them. PAYE, NSSF etc are imposed to almost all employees' salary unlike a businessman.

REASON 9.
The more time you spend in the classroom,the more you're likely to live your life alone. Schools are designed to train you to be selfish; to do the assignment alone, to do the test alone and everything alone yet in the real world, we need collaborations to pool people and resources together and collectively work on a certain goal to build a strong wealth.. So many people who are able to build sustainable wealth in the world are the people who have mastered the art of collaboration, building a team, working with other people of different skills and strength..

REASON 10.
They persue courses that are not practical in real life. Learners need proper career guidence and counseling to avoid going through institutions haphazardly. You find 1000 students scuffling to complete a Bachelor Of Aviation or Aircraft Maintenance Engineering (AME) yet in reality, there's only one aircraft and one airfield in that country! So they remain jobless!

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Ssalongo Ssali