1. Investing in liabilities rather than assets
A good house, A car, a microwave, expensive phones and an idle plot are not assets unless they are used to bring an extra coin into your pocket. Young teachers should therefore learn to invest on assets rather than liabilities. You won't find this definition in a business classroom.
2. Not keen on students homework
3. Over-reliant on salary and remedials
Tom also needed to furnish the house and get himself a good vehicle to drive to and from school and applied for the third loan that he finished to pay at the age of 44. By this time, his children were in secondary and needed to pay more plus increase in domestic expenses. This went on until he retired at 60. At this age, he had no business skills to run a stable business after his retirement, he succumbed to the common disease that most retirees suffer - frustrated and full of regrets.
What actually Tom did from the age of 26 was to trap himself in what Robert Kiyosaki refer to as "rat race" when you are on this race its difficult to overcome it not unless you make sacrifices and invest on assets.
Most teachers are trapped in this race that is why they are over-reliant on basic salary and remedial supplements. The government knows this and that is why TSC will frustrate them all the time