Financial Education is a measure of financial intelligence an individual is having. The ability to see opportunities even in a bad situation, such as financial inflation or recession. Striving to see opportunities in very difficult times, when others are closing up business, when others are skeptical to invest you are able to see what others are not seeing and leverage on the opportunity ahead for better future
The rich know about money that the poor don’t know. The rich look for great opportunities to invest and spend from the returns on their investment while the poor in mind (Mental Ho-bot) are consumers. They are spenders and don’t think about any form of investment. This is reason why they kept getting broke until they become permanently broke and be in debt.
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Financially Deficient People Cycle
Their utmost desire is attend good school, gets into a “good” college and earns a degree, find a financially-secured and well-paying job with benefits and begin to save money. Get marry, buy a fancy house, have children, and acquire debt, and have increased expenses. They work hard for promotions and save for retirement, but as their income increases, their debts and expenses increase as well.
Please do not get me wrong, there’s nothing being dreaming to buy house or even work for a good company but the issue is when you are not looking out for opportunities to leverage on and spend from the returns but people spend the capital rather than investing it. Money should be working for you not to be kept in the bank and spending it gradually. The rich in mind always look out for asset (opportunities) to invest and even increase the investment rate.
An Asset for example is anything that you acquire that puts money into your pocket. Assets are what the rich leverage on to generate wealth over time. They come in many forms, including land , businesses that don’t require you to figure at them, and stocks and bonds etc.
Financial Liability on the other hand, is any acquisition which takes money out of your pocket. This is why many people consider owning a car as an asset but it is a liability, if its not either facilitating your income channel. Owning a car without any form of investment that generates income on daily basis is a liability.
This article will also cover 5 amazing financial books that will help educate you more on financial literature, so carefully read through and enjoy this books
Do Business With Definite Business Interest (Financial Education Quotes)
- Money is not wealth but it is the beginning of Riches if well managed and used productively
- I Have Never Met an upscale one that Has Never lost Money but I even have Met tons Of POOR people that Has Never Lost A Dime – Robert Kiyosaki
- Remember the story of the prodigal son in the Bible. He had more than enough money to start out in life but he eventually turned out to be a beggar
- Salary is that the medicine for managing poverty, it doesn’t cure it. Only your business or investment cures poverty
- God does not encourage poverty mentality and He wants everyone to be financially free. There’s a mentality of prosperity and there’s a mentality of poverty
- SALARY alone can not solve your money problems. You need a Secondary channel of income to balance your financial expenditures
- Having Money without a plan can lead to future poverty.
- What would YOU invest this much on if 5 million is guaranteed you in 2 months
- And stop worrying about how, concern yourself with developing a plan to use the money to improve the quality of your own life.
- The Primary Difference Between The RICH and therefore the POOR Is how they *Handle FEAR in Investment – Robert Kiyosaki
5 Ebooks That Will Tune Your Mind On How To Invest
NOTE: These e=books are not written by me but they are put together by one of the world greatest networking Minds. Please discipline yourself to study them. They are made available here for free download. They are available on our readers librar
I got these financial education e-books form a network business I joined many ways ago. They come with the starter pack and the network company were given them out free of charge to anyone who is interested in educating his/her mind with financial books. So this not abuse of someone work, it is not also a copyright
1. Financial Literacy: Understanding the Secret Behind Cash & Applying Them Appropriately! (E-BOOK)
About the Book
Tips And Strategies On How To Maximize Your Personal Finances Dealing with one’s personal finances is one of the hardest aspects of life. However, with these helpful tips, learning how to deal with your finances can be simple. This book will open your mind and with this advice, and when used properly, you will find your whole financial situation improved. Download It Now
2. Precious Metals: Understanding Precious Metals Investments (E-BOOK)
ABOUT THE BOOK
To better understand gold’s relative psychological strength you truly need this. Obviously the people who earn a legitimate living out of precious metals are the ones you can expect to beat the promotional drums for gold, silver, platinum, palladium, rhodium, iridium, osmium, rhenium, and ruthenium. Download Now
3. Starting And Running Your MLM Business (E-BOOK)
ABOUT THE BOOK
The world today is speedily shifting always, the days of “9-5” and the “security” of working for a big and nice paying company, which was once a mainstay, is disappearing rapidly. Our values are also shifting as a society – we don’t like to spend as much time travelling to and from work, and instead we like to spend time with our loved ones and acquaintances. People prefer to earn money for themselves instead of for someone else. This is the case for many people in the world. However, starting and getting your own business to be a success is not easy but networking is the KEY. Download Now
4. Money & Possession (E-BOOK)
ABOUT THE BOOK
Determine never to have and be debt again.Develop a realistic plan/budget to retire debt. Retire the smallest debts first; round retired payment into next debt. Download Now
5. Attitude About MONEY (E-BOOK)
ABOUT THE BOOK
Determine never to have and be debt again. Develop a realistic plan/budget to retire debt. Retire the smallest debts first; round retired payment into next debt. Download Now
BE FINANCIALLY INTELLIGENT
Remember “Knowledge is Power” & No Knowledge is a Waste, Keep Your Mind Feel Up With The Right Materials, You’ll Be Amazed at Your Own Results
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