There is gold everywhere, but almost nobody knows how to identify it

by José Ricardo 8 months ago in goals

The importance of Financial Education.

There is gold everywhere, but almost nobody knows how to identify it

People have had to live through some pretty tough days, after the outbreak of a pandemic that until 4 months ago seemed totally unthinkable that it could happen, and that has questioned the future of many national economies, and that could imply a total change for international business policies and financial markets.

Undoubtedly, there will be countries that will suffer much more serious consequences than others, and that will be able to observe a recovery of their economy in a short time, while other nations will be totally devastated by this terrible tragedy, especially those that are already living in an economic, social or political crisis.

This is when the so-called "solution packages" appear by the governments of the main countries of the world, or as many call them, "the world powers". These packages may include bonds or loans to small and medium-sized companies, in order to cushion the damage they have suffered, bonds or incentives to the private and industrial sectors, and even financing plans for some basic services such as water, electricity, etc.

Obviously there are going to be many people who are surrounded by this economic disaster, which as obvious consequences will leave a high unemployment rate in some countries, or may even produce significant wage cuts. But of course, not everything has to be negative.

Most countries are in quarantine periods (an important measure to prevent the virus from spreading further), and the vast majority of people find entertainment in certain media such as video games, board games, social media, watching a television series or even watch a movie marathon, but few people are interested in taking advantage of this time of confinement to learn about topics related to economy, finance, real estate or the stock market, in order to project and further enrich your financial education.

If you are one of those who has read any of these financial education books, you are probably familiar with the phrase "There is gold everywhere, you just have to know how to find it." If you haven't had a chance to read or listen to it yet, this phrase refers to money being scattered around the world, and you may not believe it, but it's waiting for you.

Many people fail in their desire to seek financial freedom, or in their dreams of becoming great entrepreneurs who build their wealth in an incredible way, and it is because they sadly lack financial education. This type of education is very different from what you will find in universities, or from what teachers usually teach us in schools, because financial education is not about "how to make money", but "how to do it, keep it and multiply it ”, so that this way you can make money work for you, and stop being the one who works to get money. Interesting right? Most people spend their lives specializing and educating themselves in incredibly cool subjects, but they forget to strengthen their financial education, which often results in mismanagement of money, and a profound ignorance of the various opportunities presented by the world so you can become that millionaire that you want so much.

Don’t you know how to start? ¡Easy! You can start by reading some books on financial education, the relationship between neuroscience and money, real estate, the stock market, or any other type of market that allows you to transform what you like so much into a future fortune. And that way in the future you can enjoy a retirement at an early age and never have to worry about money again.

Some of the most useful and successful books about financial education are: "Rich Dad, Poor Dad" by Robert Kiyosaki, "The Richest Man in Babylon" by George Samuel Clason, "The Tao" of Warren Buffet, "The Intelligent Investor” of Benjamin Graham and “ We want you to be rich” by Robert Kiyosaki and Donald Trump.

The only thing required to learn and strengthen your financial education is time and passion, but I assure you that if you invest enough time in financial education, driven by your inner passion, it will be a matter of time for your financial results start to change, as long as you apply all that knowledge to real life.

Remember, the money will always be available and visible to everyone, but not everyone wants to find it.

goals
José Ricardo
José Ricardo
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José Ricardo

ENTREPRENEURSHIP | PERSONAL FINANCE | INVESTING

See all posts by José Ricardo