How we become rich on earth:
Financial freedom comes from increasing your workmanship or results, to multiply your income, using qualitative or quantitative methods.
Inflation has the opposite effect, and produces diminishing returns... this is why rising minimum wages have a negligible effect on true quality of life metrics.
Instead, economic development does the job well.
Personal knowledge distinguishes our Economic efforts.
This is my guide to personalized wealth, that fits your knowledge…including the educational pathway you use!
What we need to know?
Everyone can contribute anything to society, expecting financial returns.
Economic exchanges allows money to pass through all levels of society, and all geographical locations.
This fixes poverty, only when everyone can decide how much they want for their work. Supply and Demand metrics determine how valuable reality says each contribution is, at that time, in that area. Competition within the economy is task specific. You compete with only what you're doing, not against unrelated persons and businesses.
Humanistic Earning Potentials
We increase our financial returns, by increasing the quality of our works: more valuable items and services cost more.
We can also multiply the frequency of payments we receive. We can sell more products, or service more customers (using software or employees). You can interact with a worldwide audience using online marketing platforms, and other piggyback methods.
Inflation resistant financial freedom, comes from being able to consistently profit from the results of an ever increasing skill level or skill set.
Humanity's Economic Activities
Work is a physical and/or mental task that produces a measurable result. Humans are most often able to commercialize the results of our work… even the casual habits we exhibit for non-monetary gains.
Special raw materials + manufactured goods + qualitative services + knowledge = levels of the global economy. Many business activities can be stretched to include enough populations, to produce a larger income stream than many average salaries we see. Specialized business activities are even more valuable, as all rare and difficult to acquire things are.
Human activities form multiple types of Economies.
Humans directly engaging in the economy, are usually undergoing business activities. Special raw materials + manufactured goods + qualitative services + knowledge = levels of the global economy. Many business activities can be stretched to include enough populations, to produce a larger income stream than many average salaries we see. Specialized business activities are even more valuable. University level knowledge is rare, exclusive, and fine tuned for excellence. Expert prior knowledge distinguishes our Economic efforts, from those of superficial amateurs looking for a quick buck. We always earn more. We're most easily poised for victory, through the highly specialized teachers provide in college.
Knowledge Improves Economic Activities
Specialized business activities are even more valuable. University level knowledge is rare, exclusive, and fine tuned for excellence. Expert prior knowledge distinguishes our Economic efforts, from those of superficial amateurs looking for a quick buck… We always earn more. Educated professionals are the most poised for success. Universities are filed with an abundance of advisors, making it educationally advantageous to be naturally inquisitive. Intrinsic motivations can benefit from all stimulating experiences. Your college is an environment that provides feedback, and insights.
the $85 trillion Global Economy
1° Primary sector:
Provides primary resources for others (raw materials + fundamental components)
☆ Fabrics are produced from cotton and thread resources, but is still primary to clothing manufacturers.
2° Secondary sector:
Use specific methods + 1° resources, to manufacture and assemble secondary products.
☆ Sugar and milk products are used industrially to make ice cream for your grocery shelves, yet still sold independently as household bags of sugar and boxes of milk.
3° Tertiary sector:
The high quality services involved in selling or commercially using, tangible or/and intangible 2° products.
☆ Salespeople sell for business owners, doctors heal professionally, botanists improve plant qualities, farmers grow nutritious foods, entertainers perform, teachers teach, pastors preach, etc.
4° Quaternery sector:
Raw Knowledge is monetized, and used to entertain, enlighten, inform, or edify others… so their lives, behaviors, and results feel better for everyone directly involved.
☆ Advisors habitually collect, discover, and distribute the information that influence our everyday lives + our decision making skills. More knowledge leads to advancements in society.
Opportunities:
There are tangible and intangible assets behind sold and used, within every area of study. Every university program naturally steers towards one of these aspects of reality. Behavioral preferences intrinsically lead us to enjoy specific types of economic interactions, more than others… which affects our affinity to certain fields of study.
The economy is happy with however you earn your income, spend your money, and pay taxes. It's more beneficial when you supplement society with novel stimulus, and economical dominance is easiest in the niches of your nature, knowledge, and behaviors. You can mix and match income styles to meet the needs of the most radical lifestyle choices.
The Bible says: “you're blessed when you use what you sell” and “diligence surely leads to abundance”.
You want to spend money on emotional wellbeing, physical health, mental simulation, etc… your intrinsically acquired resources provide these feelings.
Earning Methods:
All sectors require both tangible and intangible assets to engage commercially or recreationally; because someone made it, and other people prefer it to its absence: profit potential exists.
The same applies for the tangible or intangible results your work produces. Same is true for most things we interact with. There are factories that sell purified oxygen, calming air fresheners, flavourful snacks, the safest cars, notebooks, text books, and story books.
High quality relaxation can be found at spas, vacation resorts, social gatherings, etc. We routinely relax by experiencing music, movies, flower gardens aromas and sights, etc.
Some visual artists only make marketing materials, while other only make sculptures or paintings.
Because you're so well equipped with your formal/thorough educations: you'll always be prepared to exchange the best results, for your income.
You can do what you want, when you want, because you're right.
What was most valuable to you?