Maybe you are asking the wrong questions. Only a child wants to grow older faster. Only a child thinks they can earn money fast. And only someone that thinks like a child thinks they can become financially free faster by simply thinking and planning. Even the best-laid plans change when reality presents itself. Plans are a road map, not what is.
Concentrating on money is not a worthy goal. It leads to emptiness and a pointless life.
Trying to do something faster is full of pitfalls. The pits are the mistakes you have already begun to make, of wrong thinking. You have swung your attention to the effect rather than the cause. You have ignored the quality of your work, your life, and your thinking, just trying to bang something out to get it done to reach the end result (faster).
It seems you presume anything you write will be published. Wrong thinking. Worse, you presume anything you publish will be sold and read. Wrong thinking. In reality, fewer than half of the books published pay for the cost of publishing. I have two books waiting to be published, or should I say "read." One agent told me that since everyone has a computer now, there are more than 100,000 books written every year. There is no publisher or agent that can possibly read them all, no matter how many people they employ.
I'm not trying to discourage you from writing, but merely change your thinking to include alternatives. If you are a writer, you will write. The industry has changed and is very competitive. Self-publishing does not have near the exposure of a major publishing house.
What you should "do" is what you are best at, not what makes the most money or helps you become "financially free faster." If you fail to publish or fail to make money writing, then you fall back on the alternatives.
When you concentrate fully on being the best at what you do, the money will come. People will knock your door down to get your advice, and give you money to work for them, and your books will sell big time if you're the best.
The fastest way to be financially free is to learn something first, and keep learning, and make learning your life's desire about one or two subjects until you become the best at what you do. Trying to do it "faster" is just silly. There are no shortcuts to learning.
Once you begin to earn a decent wage or become a professional and earn good money, you will have extra money to invest in the markets and more books and new ideas, and these investments will earn you money "faster." But there is a certain order to things, and it all depends on your attitude and "right" thinking. Investments (and speeding up the process of making money, compounding money) and money and extra income will not come until you learn something first. It will not come in great quantity until you learn more than anyone else, until you become the best. Just getting a degree or writing a book does not guarantee your success (wrong thinking). If everyone in the industry knows more than you, you're stuck with a piece of expensive parchment that just earns a simple wage, and you're stuck in a rut like everyone else. Don't limit yourself to being mediocre the rest of your life because you chose money over quality, wrong thinking and the wrong vocation.
Go to any major college and take their free aptitude test. This will not only open your mind to innumerable possibilities you might have missed, but will give you access to a professional counselor and help break the deadlock of which vocation to choose. The one you are best at will provide you with fulfillment of your life in addition to earning money "fastest."
One of the most important Samurai texts ever written, by Miyamoto Musashi, “The Book of the Five Rings (1643)”, offers this advice: “Think of what is right and true. Learn to see everything accurately. Become aware of what is not obvious. Be careful even in small matters. Do not do anything useless.”
There can be no great success in life without great commitment, hard work, discipline, and the realization of the “right” type of thinking.
Think on these things (Thought Life)
Phil 4:8
Whatsoever things are true, honest, just, pure, lovely, whatsoever things are of good report, if there be any virtue, and if there be any praise, think on these things.
A phd in psychology wouldn't cost you as much as you think.
The part that will cost the most is the bachelors. Once you get into grad school they have all kinds of teacher/graduate assistant programs where you work on campus for a stipend and your tuition is waived. Sadly you still have to pay for books and fees but a part time job on the weekend will pay for that. Maybe a small loan. The PHD programs waive all the fees and tuition plus the stipend is much better. But these are much harder to get in. They take the top 10% of bachelors into the masters. Then they take the top 10% of masters into PHD programs. So basically the top 1% of bachelors.
My gf went through all these processes. She had to do several interviews to get accepted. She also had straight As in her undergrad and her masters.
confusing problem look onto a search engine this can assist
I am stuck in a bind when choosing a career. I am very interested in Psychology to the point of wanting to pursue a Ph.D. I am also interested in Real Estate.
My path of pursuing a doctorate in Psychology would most likely end when I can publish a book and use my marketing skills to advertise it and use that as my income. I am more of a researcher, so I wouldn't want to be a clinical psychologist, so I don't want my income to rely on my number of patients that see me. I could write several books on personal development so that everyday people can apply that knowledge to their lives for improvement, but I wouldn't want the majority of my time being spent having one on one sessions with people. I could also write books about the newest information and its implications in the field of psychology, so it would be safe to say that I have plenty to write about. I want a Ph.D so that my books can be taken seriously as an academic, rather than somebody with unproven ideas.
In Real Estate, I live understanding the designs of homes. I like understanding the step by step process that goes into construction of houses from framing, to sheet rocking, to painting. I know that I would want to collect rental properties that give monthly checks to me. I don't want to be a Realtor forever, I just want to do what I need to do to have enough passive income and then I would only do Real Estate as a hobby. I would continue to collect rental properties, I just wouldn't use my time helping others buy or sell homes. I have connections to relatives that have been awarded "Realtor of the Year", and they have a massive sphere of influence. I think that if I show them how great of a realtor I am, they would connect me with people looking to buy or sell. I just don't know how my relative would feel if he knew that I only want to work for as long as I have to then move on.
My goal is not to become as wealthy as possible, it is to become financially free as soon as possible. With pursing a Ph.D, I would be taking on a large amount of debt, but I would enjoy the field I am spending it on.
I guess the question could be which hobby should I specialize in. I understand that both options will require time and my best effort, both of which I am willing to give. No matter which path I take, the other will fall into place as a hobby until I am financially free in which case both will then become hobbies.
Please let me know what you think. Constructive criticism is welcomed. Please don't answer with anything about a lack of will, I am determined to make either option work! Thanks!
