“A man rises to the
level of his superiors or falls to the level of his inferiors according to the
class he emulated through his choice of associates.”- Napoleon Hill
The challenge of unemployment:
universities and tertiary institutions send out graduates all the time who
cannot find work for years after graduation. This is the cause of many social
challenges among youths.
Sources of economic livelihood for people: we can generate income when we;
Get employed: -
this is the largest source of income in public and private sectors. A salary is
paid for the labour.
Specialize in
different services: - experts in different fields are paid well for their
services. These can be lawyers, doctors, auditors, engineers, and accountants.
Do entrepreneurship:
- when we set up small, medium and large scale businesses, we get a profit from
the sells made or services provided.
Make Investments:
- investors use their money to acquire assets and businesses which generate
money. Investors use their money to work for them.
Economic empowerment
of the young: today there is a lot of economic challenge. Parents should
consider activities that can generate money and teach the young to do them.
Income nowadays can come from areas including but not limited to:- transport,
marketing, trading, shop keeping, food production, bee keeping, hair dressing,
tailoring, mechanics, carpentry, building, painting, plumbing, compound
designing, baking, dry cleaning, accounting poultry and animal rearing.