Education & Wealth Accumulation

The Relationship between Education & Wealth Accumulation

I want to tell you a sad truth today. Well, I am not in any way demoralizing you from taking the education. But this is what I have learned after reading several scientific studies on Rich & Wealth people. And that’s why I thought that I should share this sad truth with you.

The Truth is, The Relationship between Education & Wealth Accumulation is Negative.

It means that, the more education you take, the chances are that the less wealth you will accumulate. Take the Example of Doctors. Have you ever think that why doctors are not wealthy? They just look like rich & wealthy but in reality they are not. In reality they are High Income but low wealth accumulator group of people.

The main reason for their low level of wealth is – their higher education.

This is because to take this much of higher education, they have to waste 1 decade in the Medical School and during the same decade, any business could have grown into a Billion Dollar Business. However, I am not saying that you motivate your children not to take higher education because most of the businesses fail before their fifth anniversary.

According to the study, Rich people typically own a Business with some college degree which is not a high class degree or no college degree at all.

This shows that, education system has nothing to do with your financial well being. In fact, if you waste your time behind learning more and more about less and less (I am talking about specialization degrees) than you will surely end up with low level of wealth.

I am sorry, if you are hurt after reading this Article…!!!! I have tried my best to make this article in such a manner that it does not hurt anyone’s mindset or feelings.