Does working hard usually lead to more money?

Hi,

I wouldn’t say that it’s the right metric to go by.

Someone working in construction is likely to be doing a very physically demanding job.

However, the pay for that often doesn’t reflect how hard the work is.

The amount you get paid, if we ignore things like unions or legislation,

is usually correlated more with the value that you provide and the uniqueness.

So if you’re thinking about how to make more money, it doesn’t necessarily need to be hard.

Although, with a traditional job, almost always a high salary would involve very hard work;

Some of the most lucrative businesses you can start now can, in time, be turned into almost passive income.

And this is because the people who are successful with these businesses provide great value.

Hope that helps

Jon

Published by Jon Kahn

Accountant and financial mentor based in Swansea, Wales. A contrarian who believes you should try to achieve your dreams by taking control of your life rather than reacting to them. Financial diets rarely work, so we believe in doing things differently.

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