Are You Lacking the Personal Finance Education You Need to Become Rich?
What do you personally consider wealth to be?
Naturally, ‘wealth’ can mean a lot of different things to different people. In addition to referring to one’s financial situation, some people place great emphasis on being spiritually wealthy, which might mean simply to feel fulfilled in life.
Others place an even greater emphasis on health.
It’s certainly true that financial wealth, no matter how great it may be, is of little value if you do not enjoy good health (consider Steve Jobs and his relatively recent health scare), but let us reserve wisdom and health for another article.
We will focus here on .
First, why should we aspire to attain great wealth?
They say money makes the world go round and it certainly opens doors and makes life’s journey easier! In the ,” considers that it should be everybody’s goal to become financially wealthy because only a wealthy man is able to fulfill his true potential in life in exploring all that the world has to offer.
Others say that you should become wealthy because without money you are powerless to help others and have a positive impact on the world and those you care about most.
It is certainly easy to come up with a dozen reasons why personal financial wealth should be our priority.
Millions of young people around the world leave school without a personal finance education and knowledge of wealth-building strategies, fundamentally unequipped to take care of their own personal finances.
Why do so many leave school and even University without receiving a single class on the banking system and fractional banking, the role of the Federal reserve, currency devaluation, how mortgage interest is calculated, the power of compounding, and why taking on excessive debt through credit cards or other debt instruments is tantamount to ?
How many people consider ‘opportunity cost’ when they make a purchase?
What good is all the specialized knowledge that students acquire in a traditional college or University without a thorough understanding of how they can create, protect and grow their money toward a stable financial future?
How is it that many people cannot tie their own financial shoe laces? And how is it that, in obtaining an in-depth knowledge of world geography, algebra, foreign cultures, or even obscure topics such as Greek mythology, ?
The result? So many people spend their whole life working a job they do not enjoy with the dream of some day paying off a huge mortgage and even worse additional credit card debt.
You might also ask why the education system appears to prepare people for a job rather than entrepreneurship, why we are constantly enticed with new attractive credit card offers and interest-free loans, and how it is that in the 21st century both spouses usually have to work to make ends meet when decades ago large families were supported by just the one parent?
Most of us have the idea that something is fundamentally wrong with the system but believe we have no choice but to go along with the status quo as the fate of our money as tax-payers is determined behind closed doors.
Bailouts favour the banks and the rich, while the Average Joe loses his job and/or is presented with ever-larger grocery bills.
There is a unique company that was formed with the vision of giving ordinary people access to the financial knowledge and .
This company has already helped many marketers not only obtain a personal finance education and dramatically turn their finances around but also help those they care about!