The One-Leg Chair Theory: Why Having a Single Career in This Age Became the Most Risky in Life
In our parents' generation, the most classic teaching is "Study hard, graduate to work in a stable company." At that time, this formula was the success of life. Working one place until retirement can feed a family, buy a house, buy a car, and send children to finish school comfortably.
That's because of the global context of the past, inflation hasn't been fierce, the cost of living hasn't run as fast as a rocket, and the corporate term "stability" still exists.
But if you cut the picture to modern times,..Do you think this original formula still works?
The answer that many people began to honestly accept was, "It's not enough anymore."
The only active income dependence in this era is like sitting on a "chair with one leg," as long as the leg is strong, you may still be comfortable, but the question is, how can we ensure that the leg will never break?
Why does one career become a risk and why do people start looking for a second or third career? These are the three truths we need to see.
1. Inflation grows into a tiger, but salary grows into a turtle.
Even if we are outstanding employees whose salaries increase every year by 3-5% a year, but look at food, travel, condo, or even "medical expenses," these things soar many times more than the base of salary. One job keeps our buying power without us knowing. The savings in the account are thought to be a lot. One day there may be half the value compared to the cost of living in the future.
2. True stability...Doesn't exist.
The leap in development of AI technology, business dissolution and volatile economic conditions make it no longer a "safe zone" in the working world. Today, companies are stable. Tomorrow may downsize enterprises suddenly. Depositing all the cash flow of life with the decision of one person is the most frightening.
3. Stop work = Stop income
If one day happens unexpectedly to our body or causes us to stop working, the income of the main water pipe will immediately become zero, but on the other hand, the cost of water, electricity, housing, and the cost of our loved ones...Never stopped running after us
"Income Portfolio" Diversification Gives Life
A good investor will not put all his eggs in one basket, so a person who plans his life well will not leave his income in one job. People in this generation who have made many careers (Slash Career) are not greedy, but want to build a parachute for themselves.
Having an extra career in this era doesn't mean having to quit your job or open a big store that costs more stress, but it's about dividing one or two hours a day after work to build your own "income portfolio."
The best extra career in this era should not be a high-risk job or a delivery pack until the end of life, but should be a "consultant or financial management" style job where we can turn our life experience into income.
The advantage of this group of work is that it is "so low to almost zero investment."
There is a hundred percent freedom to set aside time, and more importantly, it really rewards our ability and diligence, not our regular salary structure. The more we can plan and solve people's concerns, the more income and value in us will grow.
Learning about risk management and finance in depth. In addition to creating a second channel of cash flow for us, it is also the profession that best plugs financial leaks for our families.
Don't wait for the one-legged chair you're sitting in to shake and think about finding a second leg.
Start a second career on a day when you still have the strength, time, and right to choose...So that one day, if something happens to the main event, you can still move on without the smile of the person behind.
How many legs does your life chair have now?
* * P.S. * * Now, anyone who is looking for a low-investment "second chair leg" has free time and wants to develop financial skills at the same time, can greet or consult the guidelines. Be happy to share ideas and experience.
https://line.me/ti/p/~kopipapa
Rabhasa Full Loyal (Sa) Allianz Ayutthaya Life Insurance
Number: 083 891 6785
Website: https://www.prakan-untold.com
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