Get a Job, son!
Youngsters have got to stop thinking about becoming the next Zuckerberg. It's a trillion-to-one chance. What they need is mater and pater to say, 'Get a job, son.'Alan Sugar
The idea to study until you are well into the 30's taking a degree and post Degree is not a good idea anymore in my view.
1.First you make almost no money until you are into the 30's
2.You might get into debt
3.When you try to get a job sometimes people don't like candidates that have done nothing but studying until this age
4.If you get a very good job it's possible that you go to the highest IRS bracket paying up to 50% or 60% (In Portugal that is the case) of your income while you are still paying your debts.
5.Sometimes you study to be able to land your first job. If you can get a job do it asap and study while you are working.
6.Do sports all your life. You meet new people and people who are busy can do more things. Nothing is worse for the productivity than to have spare time.
7.If you start working in your early 20's (I got my first part time job at 16 and i work in BPI since i am 21, 26 years ago!) you make more money because you earn less and pay less taxes.
8.If you start saving a bit of money in your early 20's instead of early 40's it makes a big difference. Saving USD 1,000 for 40 years until you are 60 makes 95,000 USd at 4% IRR. Saving USD 2,000 for 20 years at 4% makes 59,000 when you get to 60. You save the same amount but the result is very different.
9.When you are not used for 35 years to take an order to have a boss and to fight for a position, you are going to struggle a bit in a job.
10.When you are full of diplomas you might get the idea that you should only get a job in your area of study/degree and that narrows your job possibilities.
11.There is a big income polarization but i think it's between shareholders/owner's of companies vs workers in general. Worker's vs workers i think the dispersion is getting narrower, perhaps there is still a difference between software/automation workers vs all the rest. The dispersion Worker vs Worker is smaller because of igualization policies, tax the ones that are doing well.
12.When you are in the 20's you can bear anything and do anything.
All in all i think Alan Sugar is right, just get any kind of job, study while working and do sports.
Don't study to land the perfect job, it's not worth it anymore.
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