To afford personal education or a property? Where to allocate funds?

jossiel

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Quote from: Cling18 on September 20, 2023, 12:17:26 PM

People think nowadays that having a diploma would help us get a job easier which is actually a bit unreal because these days, companies and employers look for experience and skills and not just on educational back ground.

It is an advantage and there are companies that do value education because getting a diploma isn't easy. And from there, they'll have an idea that the applicant that's trying to ace a position in them have gone through a lot.

Although it is not guaranteed but it will help you get a call and job interview.

Quote from: Cling18 on September 20, 2023, 12:17:26 PM

If I were to decide, I will choose both having a passive income while studying, why? Because it's hard to study these days if you don't have an income. It's better to secure our education while having a source of income than putting everything in one basket which might also cause us hardship in the future.
Better use the funds that we could only have once wisely. We can choose the path that we would want to take the smartest way.

If it can be done to do both, much better choose that path.

Cryptmuster

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Quote from: Fortify on September 20, 2023, 12:32:56 PM

For most people these are staggered questions, depending on the country you are in - you can often get student loans as you leave school in the 18-21 years old range, that will see you through university courses and should be some of the cheaper debt that you can find out there, although this is increasingly not the case. That means that you effectively fund your education through borrowed money and do not need to pay it in a lump sum, it is repaid over your whole life time in some cases, until you retire at 65 or pay it off earlier. Going to university, depending on the outcome can often gain you access to much higher salary jobs and you often end up taking stepping stones - rentals, to apartments, to houses but it is heavily dependent on the property market in your area.

State student loans are very good programs and despite the fact that they need to be repaid over a long period of time, they provide benefits. The interest on such a loan is very low and as you pay it off, inflation will make these payments less noticeable over time. Although I don't like loans, I have to agree that sometimes they can be useful, in this case it provides the opportunity to get a higher education, and this will give you a better future.

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Quote from: Kasabus on September 19, 2023, 04:58:03 PM

Getting quality education is one step to achieve wealth in the future. But we know that it’s still far from reality to make it work. However, educating yourself about buying a property will eventually make your future bright and secured as long as you also know how to run your investment. For me, it’s more practical to invest first for your future, and just get quality education while you are in the middle of your investment.

Remember that there is a specific time for education once it passed will never come back. Person cannot obtain education all the time in life because the learning abilities decreases as age become more.

Both investment and education is must to live in situation like this therefore continue your education and also continue your investment because neither you education can disturb your investment not your investment can disturb your education.

Trading and education cannot be do at the same time because in both trading and education you have to work with focus therefore they cannot be achieved simultaneously.
If you are saying that first you will get education then it's also good but then the value of invested material will be so higher that it will not give you as higher profit as it gives you when you select this choice today.

Fortify

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Quote from: uneng on September 05, 2023, 09:42:52 AM

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 most people these are staggered questions, depending on the country you are in - you can often get student loans as you leave school in the 18-21 years old range, that will see you through university courses and should be some of the cheaper debt that you can find out there, although this is increasingly not the case. That means that you effectively fund your education through borrowed money and do not need to pay it in a lump sum, it is repaid over your whole life time in some cases, until you retire at 65 or pay it off earlier. Going to university, depending on the outcome can often gain you access to much higher salary jobs and you often end up taking stepping stones - rentals, to apartments, to houses but it is heavily dependent on the property market in your area.

Cling18

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Quote from: Razmirraz on September 20, 2023, 10:01:47 AM

Quote from: uneng on September 05, 2023, 09:42:52 AM

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?

Someone wants to pursue higher education in order to get a degree and diploma as a guide with the assumption that it will be easier to find work and have a career in the field they have studied in college. How many people have successfully completed their education with various degrees but still find it difficult to find work, the unemployment rate is increasing every year due to the ongoing inflation. Termination of employment is happening everywhere, job opportunities are becoming increasingly scarce due to the global economic downturn.

The best investment depends on each individual's tastes, now Bitcoin investment is the most popular for millennials. They are very aware that Bitcoin will continue to grow in the future with an increasingly high selling value. Being and having are two things that cannot be separated, when you become a reliable investor or entrepreneur, you can have everything you want, including buying apartments and houses that you can rent out to other people.

People think nowadays that having a diploma would help us get a job easier which is actually a bit unreal because these days, companies and employers look for experience and skills and not just on educational back ground. If I were to decide, I will choose both having a passive income while studying, why? Because it's hard to study these days if you don't have an income. It's better to secure our education while having a source of income than putting everything in one basket which might also cause us hardship in the future.
Better use the funds that we could only have once wisely. We can choose the path that we would want to take the smartest way.

Razmirraz

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Quote from: uneng on September 05, 2023, 09:42:52 AM

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?

Someone wants to pursue higher education in order to get a degree and diploma as a guide with the assumption that it will be easier to find work and have a career in the field they have studied in college. How many people have successfully completed their education with various degrees but still find it difficult to find work, the unemployment rate is increasing every year due to the ongoing inflation. Termination of employment is happening everywhere, job opportunities are becoming increasingly scarce due to the global economic downturn.

The best investment depends on each individual's tastes, now Bitcoin investment is the most popular for millennials. They are very aware that Bitcoin will continue to grow in the future with an increasingly high selling value. Being and having are two things that cannot be separated, when you become a reliable investor or entrepreneur, you can have everything you want, including buying apartments and houses that you can rent out to other people.

edy_58

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Quote from: Kasabus on September 19, 2023, 04:58:03 PM

Getting quality education is one step to achieve wealth in the future. But we know that it’s still far from reality to make it work. However, educating yourself about buying a property will eventually make your future bright and secured as long as you also know how to run your investment. For me, it’s more practical to invest first for your future, and just get quality education while you are in the middle of your investment.

I think both of these things will be equally good if we are able to carry them out well, but running a property business also requires expertise in this area so that we don't make mistakes in running it so that we experience things we don't want and if we don't really understand it, it will It's better if we need to study it or look for someone who can guide us in investing in this field.

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Quote from: Uruhara on September 19, 2023, 08:47:23 AM

Quote from: uswa56 on September 19, 2023, 02:05:27 AM

Quote from: Uruhara on September 18, 2023, 05:51:06 PM

Quote from: Casdinyard on September 15, 2023, 05:46:54 PM

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.

However, there must be a balance between them because otherwise the money we have earned will be wasted without being able to make it more useful without sufficient knowledge.
Everyone has different situations and conditions as well as priorities between finances and education.
But in my opinion, with educational knowledge we can get money, while if we have money we will not necessarily be able to get knowledge, these are two important things that must be had, regardless of which comes first.

So true. There is indeed a risk in every step or choice we take. Included in this problem. Namely choosing to prioritize education or financial development. Because both are equally important in our lives. And as you said, education can actually bring in more money later in life. But spending our funds on education also has its own risks. Because not everyone who is highly educated can achieve success. Actually, it's a little confusing because both have their own good sides. So the choice will still be determined by our situation and conditions when this choice must be made. So whatever you choose between these two things. I think all of them are good choices. If it is in accordance with the most favorable conditions.

And as you said, there must be a balance in this matter. But sometimes situations make us have to choose one of them to make a priority.

There's no such thing about assurance or 100% guarantee or problem-free in this world, it might really be that reassuring that you would really be successful but doesnt mean that you wont really be experiencing problems. It isnt really that shocking that most people are really that choosing property over education because its been that easy to make money when you do have already that property and its something that not all would really be able to get or have even if they have finished their degree and this is why if we do speak about practicality then i wount really be having no doubt on getting that property over personal education.

It do agree on some words that you would really be able to get that education on the time that you do have money to spend on that if you are really that liking on having a degree but if you do see that its not necessary then you could really be able to expand your business making use of the profit or money that you do generate with your property and this is something that would really be that so
recommended if you do really want to expand your business and built up that financial freedom that we are really that hoping for.

terrific

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Quote from: Kasabus on September 19, 2023, 04:58:03 PM

Getting quality education is one step to achieve wealth in the future. But we know that it’s still far from reality to make it work. However, educating yourself about buying a property will eventually make your future bright and secured as long as you also know how to run your investment. For me, it’s more practical to invest first for your future, and just get quality education while you are in the middle of your investment.

Whatever the situation permits to happen to you, take the risk and grab the opportunity. It's understandable that many are saying that education is there no matter how old you are they're right.
It varies on what kind of person you are. Most parents will say to finish studies first so that you will have to get on your own if ever they're no longer around, they're also right.
But some do agrees that it's fine to do what you think is right and for sure many will grab that property if they all have the chance to take it.

Kasabus

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Getting quality education is one step to achieve wealth in the future. But we know that it’s still far from reality to make it work. However, educating yourself about buying a property will eventually make your future bright and secured as long as you also know how to run your investment. For me, it’s more practical to invest first for your future, and just get quality education while you are in the middle of your investment.

Uruhara

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Quote from: uswa56 on September 19, 2023, 02:05:27 AM

Quote from: Uruhara on September 18, 2023, 05:51:06 PM

Quote from: Casdinyard on September 15, 2023, 05:46:54 PM

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.

However, there must be a balance between them because otherwise the money we have earned will be wasted without being able to make it more useful without sufficient knowledge.
Everyone has different situations and conditions as well as priorities between finances and education.
But in my opinion, with educational knowledge we can get money, while if we have money we will not necessarily be able to get knowledge, these are two important things that must be had, regardless of which comes first.

So true. There is indeed a risk in every step or choice we take. Included in this problem. Namely choosing to prioritize education or financial development. Because both are equally important in our lives. And as you said, education can actually bring in more money later in life. But spending our funds on education also has its own risks. Because not everyone who is highly educated can achieve success. Actually, it's a little confusing because both have their own good sides. So the choice will still be determined by our situation and conditions when this choice must be made. So whatever you choose between these two things. I think all of them are good choices. If it is in accordance with the most favorable conditions.

And as you said, there must be a balance in this matter. But sometimes situations make us have to choose one of them to make a priority.

arabspaceship123

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In 14 days we've said opinions. It's one question it's been answered so OP should've got enough after #207 replies. He should've locked the thread long time ago because it's being hit hard with signature spammers.

inthelongrun

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Quote from: G_Besar on September 19, 2023, 04:14:10 AM

Quote from: letteredhub on September 15, 2023, 06:23:50 PM

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.

People who are educated and smart enough will always know how to take advantage of conditions to gain an advantage over some people who have no knowledge of something, but I don't want to call them illiterate people because that's too extreme. This is why those who do not have more knowledge must be willing to accept advice from people who have no interest in seeking profits in every situation so that they will not forever be taken advantage of by people who are smarter than them.

Which is why education is still very important. Maybe at least experience college level if in case someone can't finish a degree. Nonetheless, there are still people who are able to become successful in their businesses even without a degree. Maybe it's the experience over the years that made them very good in a specific field although they are very limited when it comes to the things that are outside their sphere of experience.

Anyways, the question of either having an education or getting a property falls to the parents to choose. Otherwise, the kids that are about to enter college or not are still very young and immature to decide on things like this.

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Quote from: molsewid on September 18, 2023, 04:40:45 PM

Quote from: uneng on September 05, 2023, 09:42:52 AM

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.

I like your point as it shows how it is possible to acquire an education despite having limited money and finances there is a way to get an education through online courses offered by a lot of educational websites (I will leave a few links at the end of this reply for those who wanna try them). I have also subscribed to some online courses that helped me build my resume to apply to various jobs and positions. Hence, with this, I don't think we even need to make an actual permanent decision on which to choose as it is possible to have the best of both worlds despite having limited income. For example, you can invest in a property (or generally in any investments) and still give a bit of your time enrolling in a free online course (or even use a small amount from your limited budget to get a certificate).

List of online platforms offering free/paid (it's seriously cheap and they also offer big discounts/promos):
1. Coursera (https://www.coursera.org/collections/free-online-courses-finish-in-a-day?utm_source=gg&utm_medium=sem&utm_campaign=B2C_APAC__branded_FTCOF__arte-agency-Philippines&utm_content=B2C&campaignid=20520306230&adgroupid=153915958275&device=c&keyword=&matchtype=&network=g&devicemodel=&adpostion=&creativeid=672816129342&hide_mobile_promo&gclid=CjwKCAjw6p-oBhAYEiwAgg2PgiLObQvJzegPJfd5YdkuXKY_eHsMli8pk73prINFxCirS1-7yAL5HhoCulgQAvD_BwE\)

2. Udemy (https://www.udemy.com/?utm_source=adwords&utm_medium=udemyads&utm_campaign=Generic-Exact_la.EN_cc.ROW&utm_content=deal4584&utm_term=_._ag_86841139896_._ad_535632329484_._kw_online%20courses_._de_c_._dm__._pl__._ti_kwd-10605931_._li_9060943_._pd__._&matchtype=b&gclid=CjwKCAjw6p-oBhAYEiwAgg2PghBJM_YTMgF-9wW9-VM_-KR5xQkWzhp_8RFuj7kIx0osHWfF3-pgBBoCMP8QAvD_BwE)

3. Stanford Online (https://online.stanford.edu/free-courses)

4. Harvard University Online Courses (https://pll.harvard.edu/catalog/free)

5. edX (https://www.edx.org/)

G_Besar

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Quote from: letteredhub on September 15, 2023, 06:23:50 PM

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.

People who are educated and smart enough will always know how to take advantage of conditions to gain an advantage over some people who have no knowledge of something, but I don't want to call them illiterate people because that's too extreme. This is why those who do not have more knowledge must be willing to accept advice from people who have no interest in seeking profits in every situation so that they will not forever be taken advantage of by people who are smarter than them.

Quote

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.

In fact, both of them are not bad even if they are reversed according to one's taste and ability to prioritize them. Because there are also people who are more comfortable and able to prioritize education before they target the property they want in their life and I think that is not bad because basically both of these things are equally good and necessary. So whatever someone wants to prioritize will also end well except for basic education which is intended for early childhood.

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Quote from: uneng on September 05, 2023, 09:42:52 AM

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 issue is difficult to answer because each person's values and priorities vary. There are others who reject existence as well,
and that is more significant.

Additionally, they place a higher value on people, experiences, and personal growth than they do on material stuff. Some people think that having something is more significant than not having it. Considering how much property and material goods it is worth.

uswa56

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Quote from: Uruhara on September 18, 2023, 05:51:06 PM

Quote from: Casdinyard on September 15, 2023, 05:46:54 PM

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.

However, there must be a balance between them because otherwise the money we have earned will be wasted without being able to make it more useful without sufficient knowledge.
Everyone has different situations and conditions as well as priorities between finances and education.
But in my opinion, with educational knowledge we can get money, while if we have money we will not necessarily be able to get knowledge, these are two important things that must be had, regardless of which comes first.

Uruhara

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Quote from: Casdinyard on September 15, 2023, 05:46:54 PM

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.

dunfida

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Quote from: uneng on September 05, 2023, 09:42:52 AM

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.

molsewid

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Quote from: uneng on September 05, 2023, 09:42:52 AM

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.

Topic: To afford personal education or a property? Where to allocate funds? (Read 1253 times)