Summer is here and school is over. For some, this can be a defining moment of their lives. Probably, you’ve just stepped out of college and earned your much coveted degree and you’re in a quandary as to what to do next. Finally, you’ve attained independence and are set out to make your mark in this world.

A significant phase of your life is over, and you’re ready to enter a much more exciting chapter of the adult life. You’re young, raring to go and there’s a lot out there in the world for you. I bet what’s in your mind now is how to make a living, and how to make it good. So you’re thinking where to submit your resumes, what type of career path you’re going to take so you can begin to build a life of your own.

Definitely, you are at a crossroad. Should you find employment or get into business? What’s the best way earn your keep and build on your wealth at the same time? It is a great idea to find employment. Living on a regular paycheck will give you some sense of security, and you will learn a lot of disciplines when you work in the corporate structure. There’s much to learn while working with other people, and you get to establish contacts if you’re thinking of setting up your own business in the future.

A nine-to-five job may be taxing, but I advise you to get into one not just for the pay, but more for what you will learn when you interact with all types of people. A nine-to-five job will teach you valuable lessons on teamwork, deadlines, work ethics, and most of all – persistence. But if you’re thinking of building security for your future, that’s not something a regular job will be able to give you. From my own experience, yes they take part of your earnings for a retirement fund, you get social security and health care, but if you’re looking build wealth and create income that will continue to come in even when you’ve stopped working, you have to step into the investment arena of business.

The best situation you can find yourself in nowadays is to have a regular job and involve yourself in some wealth building activities on the side. In time, you will be capable of leaving your nine-to-five job and dedicate your time to your business investments, and still have lots left to dedicate to some of your favourite pleasures. The key is to know how to create wealth, and build on it continuously.

You can build wealth that will generate you sufficient income even if you’ve stopped working. What is important is finding something that can generate passive income for you – meaning it is an activity that brings in the bacon even if you don’t actively work for the cash. Interests, stocks, bonds and investments are some examples of this.

What most people don’t know, or what stops most people from exploring the world of investing is pure lack of knowledge. A lot of people think you cannot go into investments unless you have the cash to do so – that is entirely wrong! Of course, investments require that you put in something of value, but there are a lot of ways to secure what you need to get into the field of investing. This is called leveraging, and it is what the experts use to build their wealth. Leveraging is simply using a financial vehicle to create wealth. Sometimes it can be borrowed money, but what you can earn from it is usually a lot more than what you have to pay for on a loan, for example.

Creating wealth, building assets and preparing for retirement is something everyone can get into. You can even start investing from your own home. The trick is to know what works and what doesn’t. Take time to learn or hear it out from investment experts so your efforts give you back more than what you think there is to it!