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Education and Earnings

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Submitted By swiggins6
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Education impacts earnings in a drastic measure.
The higher your knowledge spans, the more your income is likely to be. There are few cases in which your income surpasses your knowledge or vice versa but, it is possible. The reason why education has such an obvious importance on income and the economy is because education opens doors that would otherwise be closed. It gives you an inner sense of empowerment and it let’s employers know that you are capable of the job conferred to you.
Without education the way the economy is ran and how we manage to control our own individual incomes would be different. We would lack the knowledge of budgets, supply and demand, percentages, hourly wages, and many other things that depict our everyday life. Can you imagine being under a government that is ignorant on the subjects of finance and education?
We would cease to exist and the United States of America as we know it would fall into a state of oblivion. It is vital that we learn and that we are educated by various means including internet, each other, books, and lectures.
Finance is crucial to life. We need every dollar and every cent to sustain ourselves and our families. A person with a high school diploma doesn’t retain the same knowledge as a person with a Professional degree, not saying that the person with the high school degree is inadequate just saying that their range doesn’t expand as far as the other person’s. Is it important? YES!
Everyone wishes to have the finer things in life but, these superficial items all come with a price tag. You can’t excel without having finance. For example, if you go to a mall store and you see a shirt that you love and its $99.00 but, all you have is $100.00 and you need gas in your car. Now being a logical individual, you would walk away from the store but, let’s say you stay. You are now in a dilemma and its either look good

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