Seeds For Success

Page 12

FINANCIAL MASTERY

01

REVEALED: WHY YOU SHOULD EDUCATE YOURSELF ABOUT MONEY SSECCUS ROF SDEES

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Given how important financial skills are to navigating life, it’s surprising that most of us don't understand the most elementary basics of money and how money works. Many people today are struggling financially because they do not educate themselves about finance. They have very little understanding of how to grow their money, how to generate wealth and the potential impact on their financial well-being. All too often we put the responsibility for our wealth creation in the hands of other people and then blame them when things don't turn out the way we wish. Most people misidentify that to be educated about money and finance they have to be a whiz at maths or be an expert in Financial Reporting Standards, or study debits and credits. This is a major misidentification, a massive disconnection between perception and reality. The resulting financial illiteracy is the major reason why so many people struggle financially. Make no mistake–an ignorance of personal finance, while probably unintentional, has serious consequences. Unless you know the principles of creating your generative wealth, you will never stay wealthy. According to the well-known quote “There are three types of people in this world: those who make things happen, those who watch things happen, and those who wonder what happened.” Taking responsibility to educate yourself about your finance means you, and you alone are willing to make it happen.


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