Why Financial Education is Essential
It sounds like an easy concept, right? Life has costs; so go out and make money to be able to buy the things you need. (If only it were that simple.)
Despite what the media says, things are in bad shape. The economy is weak, and quality, high-paying jobs are scarce. Several decades ago, all a person had to do was go to school, get a good job, work hard, and they were set for life. Today it’s a different story. How did it get like this?
The negative effects we are experiencing today result from a major event that occurred in 1971. In 1971, the US dollar became a currency, and at that point the rules of money changed.
OLD RULES
The reason that so many people are struggling is because they are attempting to survive the bad economy by playing by the old rules. It just doesn’t work.
In the old days, getting a job and working hard for a living worked. Things were less expensive and employers paid their workers more. Today, many people view debt as a necessity to buy the goods they need, such as cars, food, clothes, etc.
Today, no matter how hard you work, having a job often means you are “Just Over Broke.”
NEW RULES
In the present economy, it is a must that you play by the new rules. A single stream of income doesn’t possess the same impact as it used to.
The new rules of money require that you learn to have your money work hard for you, instead of you working hard for money. The new economy demands that people learn how to legally reduce taxes and generate income through assets, things such as businesses, real estate, stocks, and precious metals.
• Legally reduce taxes
• Create additional income via assets
Saying it simply, a financial education is essential in today’s economy. It is a new monetary system with new rules. Playing by the old rules is a losing proposition.
