Money Alone Does Not Make You Rich
Does money alone make you rich? The answer is a very straight NO.
Money alone does not make you rich. We all know people who go to work every
day, working for money, making more money, but fail to get rich.
Ironically, many only grow deeper in debt with each dollar they
earn. We have all heard stories of lottery winners who became instant
millionaires, who suddenly became poor again (much poorer than before).
Many of us know of individuals who have lost money investing in
the stock market. Even investing in gold, the world's only real money, can also
cost the investor to lose money.
So if money alone doesn't make you rich then what makes you
rich? It's..
Financial Intelligence:
In today's world, financial education is absolutely essential
for survival, regardless of whether we are rich or poor, smart or not smart.
As most of us know, we now live in the Information Age. The
problem with the Information Age is being information overloaded.
Today, there is way too much information, so much more than we
can handle. That's why financial education is extremely important, without
financial education, people cannot process these information into useful
knowledge.
A question before we carry on, do you think that money is the
root to all evil?
Is Money the root to all evil?
Many of us seem to think that money has some sort of quasi-religious
or cult-like taint to it, believing that the love of money is the root of all
evil.
As most of us know, it is not the love of money that is evil..
It is the lack of money that causes evil. It is working in a job we hate that
is evil. Working hard yet not earning enough to provide our families is evil.
For some, being deeply in debt is evil. Fighting with people we love over money
is evil. Being greedy is evil. And committing criminal or immoral acts to get
money is evil. Money by itself is not evil. Money is just money.. A mere paper,
that's it!
How to Improve Your Financial Education?
You can first start by reading Rich Dad Poor Dad written by
Robert Kiyosaki - founder of the RichDad Company or you could start by playing
Cashflow101 board game (also created by Robert Kiyosaki and his team). Much of
the content in this post is referred to his books and teaching.
Interestingly, Robert's mentioned in several of his books that
he failed English during his school days because he couldn't write, read and
punctuate. But to me, I think he's one of the best author out there. He can
simplify a complex subject like accounting, cash flow management etc (which I
took many years to learn but still couldn't understand) till so easy that even
such a person like me (a pea brain) can totally understand what he's trying to
bring across in just a few days after reading his books.
Every time I finish reading his books (Yes I read and re-read
his books over and over again), I felt like I have a personal conversation with
him. That's how great his books are.
What makes Robert's book different from the majority of the
business books out there is that Robert talks about his failure more often than
he talks about his success, he believe that we can learn a lot more from his
failure than from his success.
In my humble and honest opinion, his books are of great value
and is easily worth a lot more than a mere $20. So if you're interesting in
buying Rich Dad Poor Dad or the Cashflow101 board game, I highly encourage you
to get them now. Head over to Amazon.com, hopefully there's still some stock
left for you to purchase at a discounted price.
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