Earning a great annual salary is fantastic, but if you are spending it away then it will not help your financial position. Many professionals are doing just that, and are becoming increasingly indebted.
A higher income level does not dictate wealth, but how you manage your money does. And you can manage your salary by creating your own business.
Reno made a tweet on this earlier. According to Salary is a medicine for managing the disease of poverty, but it can't cure it. He further stated that poverty is not all about money, because time is more valuable than money, and if another man controls your time, you are poor even if you earn a lot of salaries.
In his words;
“Salary is a medicine for managing the disease of poverty. It can't cure it. Only your own business can cure poverty. Poverty is not just about money. Time is more valuable than money. If another man controls your time, you are poor even if you earn much salary.”
Do you agree with Reno?
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