All people who want to achieve solid financial independence must begin this long process by studying, by learning. Financial Education is the foundation of wealth creation.
Financial Education today is more accessible than ever before. On the Internet we can find thousands of ebooks on Personal Finance and Entrepreneurship. On YouTube (and other similar Platforms) there are thousands of hours of audiovisual financial knowledge. In the different Social Networks there are multiple thematic groups and channels on Economy, Finance, Business, Networking and other related topics.
Therefore, in practice, the only thing that separates people from access to knowledge is the willingness to study.
On occasions (and not a few) Financial Education is underestimated by some who do not see the importance of having this basis for building wealth. They forget that a construction without a solid foundation runs the risk of not lasting over time.
Many experts agree that if accumulating wealth is difficult, keeping it is much more difficult. There, financial education and economic knowledge play a vital role.
In the specific case of the crypto world, it is no different: financial (and technical) education is also very useful there. The crypto ecosystem is full of concepts, principles, and technicalities. Master the different edges of the Crypto universe (which include topics such as Blockchain, Cryptocurrencies, Tokens, Mining, Staking, Farming, DeFi, DAOs, Trading, the Metaverse, Web3, Artificial Intelligence, and others) is not an easy task: this takes hours of study and dedication. In general sense, most of the knowledge of traditional personal finance can be transferred to the Crypto world.
A famous phrase expresses that knowledge is power, so it is in our hands (and mind) to access that power.
In conclusion, Financial Education is the first step to overcome in the ascent towards the creation of capital and the obtaining of wealth (both in the Traditional Economy and in the Crypto Economy), all of which will give us the long-awaited Financial Freedom.
Posted Using LeoFinance Alpha
This is one thing I will agree with. The fact that "people take things for granted when it is freely accessible" remains. Some other people keep procrastinating ( i have been part of this set 😅). But in the end, when they see the need for financial freedom, they would get financial education.
This was a really interesting read.
Thank you for reading and commenting. That supports me a lot and motivates me to keep writing.
You are very much welcome.
Congratulations @kriptux! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 500 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out our last posts: