Some people say that thinking too much about money is a bad thing because money is the root of all evil. I say the opposite. Be obsessed with money. Eat money, think money and live money. In this way, you will learn to love the concept of money and learn more about the subject. In this way, he/ she will have a full understanding on the subject and in the end look for ways to earn his money column. One should need to be financial literate if he seeks to be financially free someday.
Financial freedom is achieved when your expenses are lower than your income or your income is greater than your expenses. It teaches us to invest our excess money rather than save in banks. In this way, our money will grow through wise investing as oppose to it just being left there in the bank. If one seeks to be financially free, he/she should study more about money and how it works and increase his financial literacy.
Financial literacy also teaches us to invest firs our money rather than pay our bills. I know that it is important to pay our bills but this practice can lead us a disciplined life in terms of investing and saving. It also teaches us to give tithes or 10% of our monthly income to church organizations. This is in line with the principle of Give and you shall receive.
Don't be afraid to learn more about financial freedom. Check out your local listings about seminars on the topic.
About the Author:
No comments:
Post a Comment