Frequently Asked Questions
Entertaining Money is a financial education company that promotes the importance of financial education through our website. We also offer financial education resources through our online book store.
2. What is financial education?
Financial education is all about knowing how the game of money really works. It is the process of developing the knowledge and skills necessary to manage financial resources effectively for wealth maximization.
3. How can Entertaining Money help me to achieve my financial goals?
Entertaining Money stresses the importance of having a financial education today. The information we provide helps you to develop your financial education. Our content is designed to help you increase the knowledge and skills necessary to maximize your financial well-being.
4. How does Entertaining Money differ from other financial sites?
Entertaining Money emphasizes the significance of the dollar’s status as a currency – while others don’t. The fact that the US dollar is a currency has immense impact on the economy and how we should go about growing our wealth. Furthermore, most personal finance sites only recognize investing in the stock market, whereas Entertaining Money addresses all four asset classes – business, real estate, stocks and bonds, and precious metals.
5. How does the dollar’s status as a currency affect us?
The fact that the dollar is a currency means that the rules of money have changed. The values that our parents and grandparents had, such as going to school and getting a good education, getting a good job, and saving money are obsolete ideas. Today, you have to know how the world of money really works. You have to know how to have money work hard for you, instead of working hard for it.
6. What do you mean getting a good job is an obsolete idea?
There once was a time when all a person had to do to have a high quality of life was go to school, get a good job, and work hard for a living. This was possible due to the wages workers earned in the past. Compared with the cost of living, the wages provided a high standard of life. Today, however, it’s a completely different story. Workers’ wages have remained relatively flat over the years even though the costs of living have increased substantially. For this reason, working hard at a job no longer works. Today, people have to learn how to have their money work hard for them through assets. This is at the core of financial education.
7. How does a person get a financial education?
Unfortunately, school does not teach true financial education. To develop a financial education, a person must learn outside of traditional school. Our teachings are based on the No. 1 best-selling financial education book of all time, Rich Dad Poor Dad. We carry several Rich Dad series books in our online bookstore.
8. If school doesn’t teach financial education, what kind of education does it teach students?
Traditional school primarily prepares students to get a job. Again, this concept worked fine in the Industrial Age. We live in the Information Age, however. For many, trying to earn a livable wage via a job only is a challenging feat. Multiple streams of income are typically necessary.
9. What does it mean to “entertain money?”
Entertaining money means giving thought and consideration to your finances and how your actions affect your finances. It really is having your mind on your money.
10. What can I do to start my financial education and “entertain money?”
Take advantage of our free resources, which are meant to help build the foundations of financial education. To further advance your understanding and skills, we offer financial education resources for a nominal fee.