Earning More is Not a Solution to Everything

Have you ever said that having X amount of money would solve all your problems? Or if only you had as much money as XYZ…

Many people think that earning more is a solution to everything. Most personal finance blogs will also keep talking about ways to earn more money. You will get a lot of advice from not only people online but also people you know in real life. Everyone will tell you how important it is to earn more. Is it though?


Most online advice columns you read will be talking about things that people want to hear. How to make quick money, how to earn more, how to increase your passive income, how to make your first million, etc. are the sort of titles that sell because these are the things that people are most interested in.

People are more interested in ways to make more money than to make the most of what they already have. Earning more is what everyone dreams of. I am not saying earning more money is not helpful, of course, it is!

But, the problem here is that you can do your best and work as hard as you can but earning more money is not completely in your hands. There are a lot of factors that come into play, like:

  • How good are your skills
  • How many years of experience you have
  • What is the market demand for your skill or your product
  • What is the economy like currently
  • Where you are situated
  • Etc.

You can do everything to boost your income, but if these things do not fall in your favor, you are pretty much out of luck.

Even when you do earn more, there is no guarantee of you saving money because the society we live in gives a lot of importance to the status quo. If you earn a certain amount, you are going to alter your lifestyle to match that. It sort of becomes hand to mouth or paycheck to paycheck no matter how much you earn.

To build wealth, independent of what you earn, you need to take care of your spending behavior. If your expenses increase with the increase in your earning, then no matter how much you earn, you are still going to be living paycheck to paycheck and will still be thinking if you earned a little bit more…

Final Thoughts

Honestly, if there is a direct correlation between the amount you earn and the amount you spend, then no amount of earning is going to suffice. You will always be toying with the thought of, “if only I earned more…”