Increasing your Income

"Give me six hours to chop down a tree and I will spend the first four sharpening the axe."

- Abraham Lincoln

In order to retire,one must accumulate wealth to draw upon when you are not working.

The most obvious way to accumulate wealth is to save money by spending less money than one earns. This is not the only way to accumulate wealth (and perhaps not even the best way), but it's the most straightforward option . Given that as a starting point, it's clear why there has to be a focus on income.

The single biggest thing one can do to increase your chances of higher income and wealth accumulation is to acquire more education. Income is strongly correlated with level of education. Perhaps less well known is the fact that employment rates are also strongly correlated with level of education. More education means a higher chance that one will be employed and that one will make more money while you are employed.But corrently both the conditions are uder economic crisis and to handle it all one need to do is a little bit of smart thinking.