In 2017, when I obtained my Ph.D., I believed I was qualified enough to switch jobs. After all, who could be more knowledgeable about finance than a Ph.D. holder in the field?

I landed a high-paying job—more than double my previous salary—but when the project ended, I was suddenly jobless.

Initially, I wasn’t too concerned; with my highest degree and 15 years of experience, I thought job offers would flood in.

I applied to the top 20 jobs in my field, and guess what happened?

I heard nothing.

With only three months of savings in my bank account, it was humbling and frustrating to realize that my degrees didn’t shield me from financial uncertainty, wondering how I, a finance expert, could be in this situation.

That moment was a wake-up call. I realized that a degree, no matter how prestigious, is only a stepping stone—it does not guarantee success.

In today’s world, employers prioritize skills over qualifications. While having a degree may open doors, what keeps them open is your ability to create value.

This realization changed my approach to financial success. Over the next few years, I focused on learning high-value skills, applying them effectively, and managing my finances wisely.

Today, I’ve not only achieved financial stability but also built a life where I can pursue my passions without worrying about money.

Here’s the simple formula I followed: