.png)
Its sad today how many educated people are financially illiterate. Many of us acquire so many degrees without actually learning one of the most important lessons of life - financial intelligence.
In actual fact, several people graduate from school with their diploma and can still not differentiate between an asset and a liability in simple and clear terms. For instance, many people consider a car to be an asset.
Financial intelligence is imperative because it aids a person get ready for the matter-of-fact things in life. We live in a world that is driven by money and that's a reality.
The heart-rending thing however is, most of us have only been taught to acquire good grades in school, attend a university, study a brilliant course and graduate with flying colors. And after that - get a high paying job to ensure a secure financial future.
While that sounds like a good plan, it's not enough. Take a look around and you'll agree with me that we have a society which is being controlled by money, instead of the opposite. People are working overtime and missing out on quality time with their family and loved ones.
Why? Because the majority of the people lacks money. They need money. Some are desperate for money. They have to work to acquire more money to pay the bills, maintain a level of lifestyle or to achieve one goal or the other. It's a never-ending vicious cycle. Getting a promotion, securing a better job with higher pay, or becoming the executive vice president may seem to be good goals - but it will never "cure" that vicious cycle of being controlled by money.
Everyone operates with money. We utilize it as a medium of exchange for the things we need. When there is no money, life can be tough and frustrating. For the majority of us, our daily activities are centered on ways we can obtain and pile up more money. We dream about money, pray, wish and also work for money.
Read what - Robert Kiyosaki, in his book, Rich Dad Poor Dad, has to say:
"I am concerned that too many people are focused too much on money and not their greatest wealth, which is their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve problems, I am afraid those people will have a rough ride. (Financial) Intelligence solves problems and produces money. Money without financial intelligence is money soon gone."
While it is good to have a desire, desire is not a strategy. Desire alone will never steer you to your dreamland. Any desire that is not guided by the right relevant knowledge and efficient strategy can at best be regarded as a daydream.
Just for the fact that you desire to have tons of money does not signify that you will have it. There is a premeditated path we must pursue in order to achieve financial success. Money only responds to an effective strategy. Don’t just wish for it, chase it.
In dealing with money, you must be intelligent. You must learn the principles of money, hone your financial skills and continuously update your knowledge. Your financial value is a result of your financial intelligence.
Below are three elements of financial intelligence:
What You Do With Money:
People complain most times about their low income. They attribute their low income as the basis for their financial mess. However, through history, we know and have heard of many people who were wealthy at a point in their lives, but wasted it all away and ended up as paupers. We also make out people who earned peanuts, but eventually ended up with empires. It is not really how much you make that turn you into a rich person, but how you manage what you earn that makes the difference.
What You Think About Money:
You are what you think. Your thought creates your reality. If your thoughts about money are right, you will get your finances right. Your thoughts about life and above all, about money decides what you do with the money. The way you think will even decide the attitude you bring to bear on the tasks that create income for you. If you have an average mindset, your work will not be outstanding and consequently, your finances will be chaotic. If you want to get your finances in order, begin with your mind, always thing right.
What You Know About Money:
Knowledge shapes your beliefs, thoughts, and behavior. If you want to improve your finances, there must of necessity be an improvement of your knowledge base. You can’t rise beyond the boundary of your knowledge. Read books on personal finance management. Learn about money. Seek information on bookkeeping. Look for mentors who will share financial insights with you.
Follow me on Steemit to learn more about how you can achieve financial success as I will be sharing tips and strategies to help you succeed in your financial life.
You can attain financial intelligence. You can attain wealth with the right knowledge. It’s possible.
You got a 30.35% upvote and resteem from @ebargains courtesy of @komere. Thank you for using the @ebargains UPVOTE and RESTEEM bot.
If you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @ebargains by clicking on one of the ready to delegate links:
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom Amount
You will earn 80% of the voting bot's earnings based on your delegated SP's prorated share of the bot's SP pool at the end of EACH voting round! That is over 38.5% APR! You can also undelegate at anytime.
What did I learn about investing , paying taxes , financial intelligence in high school? Nothing!
I had to learn it myself. Through reading and evening classes.
But I see a change happening.
In my country , schools are beginning to understand that they need to teach some basic financial lessons which is very positive for the future.
Yes, it is great that awareness is increasing on the need to learn financial intelligence. However, a lot still needs to be done and if possible, financial intelligence need to be included in every school curriculum.
Sneaky Ninja Attack! You have just been defended with a 8.61% upvote!
I was summoned by komere. I have done their bidding and now I will vanish…
woosh
P.S. If you or anyone you know has been a victim of @grumpycat please know that he has been harming people throughout Sōsharumedia (ソーシャルメディア). Stealing the service that I (and other bots) have provided them and hiding behind a facade of stopping bid bot abuse which he clearly has no interest in.
Sneaky Ninja is a very responsible bot, working directly with steemcleaners, actively pursuing spam and abuse on our platform. If you would like to see what steps Sneaky Ninja has taken to fight bid bot abuse see this post and this post. Also know that I am working daily on other solutions.
If you would like to know my personal take on bid bot abuse and why I do not agree with the 3.5 day rule, see this post
Grumpycat is a villain that must be stopped to protect our freedoms here on steemit!
There is a resistance that has formed to counter his tyranny.
If you would like to take an active role in stopping this menace and helping other victims like yourself...
Learn More Here
I have also summoned my love, Kusari to offer some limited help to victims like you.
See Here
This is a great article to share @komere :D I always thought about this when I came here to Steemit -- to teach financial literacy for we are only taught how to work for money, but never been taught the value of it. This is really helpful. Thanks for sharing :D