Hello fellow Steamians,
I am now back to writing for the next little while. Apologies for the time away. Now, let's start with A Method of Control that is one of my biggest interest.
FINANCIAL EDUCATION
While it sounds simple enough, it's actually a lot more complicated than one may think.
You see when we all go to school, we are lucky enough to learn how to balance a budget, never mind knowing the true difference between an asset or a liability.
Instead, we get trained to be little factory worker bees that are employed by some type of entity as an employee.
http://www.wakingtimes.com/2014/01/28/untold-history-modern-u-s-education-founding-fathers/
http://www.thrivemovement.com/follow-money-education
For most people, this is their only means of income. A JOB. Usually, one they are unfulfilled and miserable while working that job.
Why? It's the only way that they have been "taught" to make a living. That it's normal to hate your work.
What if there was a reason why this valuable life skill was not promoted or rarely mentioned throughout the lengthy, boring, understimulating school system.
Here's the thing, if you want real Financial Education. You need to do it yourself. If you don't, then you will be in the rat race, trading time for money. YOUR TIME WILL NOW BE CONTROLLED BY FIAT CURRENCY. Instead, let's dedicate some time to improve your Financial Education, Even spend money on a course you are interested in. That is called investing in yourself, investing in your own Financial Education.
To get Financial Education you have to research and study until you understand a financial concept. Choose one that you are either good at or have attributes that can help you excel in that particular area. Such as a sales man or women. A sales person's attributes would help them promote their business or product.
Not a sales person, oh well. There are tons of different ways to make money that are often over looked by the masses everyday.
There are many Forms of Financial Education:
Brick and Mortor business experience (store front locations)
Internet business skills
Accounting/booking skills
Cashflow Investor skillset
Internet marketing skills
Lawyers, tax professionals
Internationalisation
Stock and bonds
Sales
Real Estate
precious metals
Cryptocurriencies
Learning what money is and the history of money.
I'm sure I missed a couple of areas. With any area of Financial Education, you have the choice of going out and Learning it the hard way. That is doing it and learning lessons from your mistakes. More mistakes this way. Mistakes are fine, just sometimes they can be expensive.
The second way to get Financial Education is to learn about it from a book, articles. If you are really interested in the area then you can also invest into specialised courses that teach you a skill and give you a mentor. It is proven that you will make fewer mistakes and master a skill 2 - 3 times faster than doing it the hard way.
Let's say you wanted to be able to read any Stock price chart and be able to correctly predict market movements with higher accuracy. You would then find a method. Elliot wave theory is interesting. You would then research the best educators in that field. You subscribe to their email list. You can either purchase their educational products right away or if you want to be patient. Most of these educational sites will put great deals on for you a couple of times a year.
Here are some examples what I have done over the last 6 years. Not including my restaurant ownership experience.
I read the Rich Dad, Poor Dad book series, the best one if the guide to investing. ($90) - 2011
Read The Intelligent Investor also
Purchase a Real Estate education Program. ($1000) - 2012
Purchased 3 Apartment buildings. 4 plex 80,000 - 2013, 4 plex 80,000 - 2015, 3 plex 55,000 - 2016
Researched what money is, and the Origins of money - (free) ( documentaries, Secret of the OZ, Money Masters, Hidden Secrets of Money)
I wanted to Learn Elliot wave so I can put a price chart into a Context. One day I got an email that was a great deal. 2,500 of their products for 500. One of the best decisions I've ever made.
Palm beach letter on Cryptos. On sale for 100 bucks down from 400. I've 20 times my money since buying this letter in February 2017.
Another more recent purchase is my list grow, got it on sale too. It teaches me Internet marketing skills to build a huge organic email list to where I can have a fully functional net business based on information I know and sell it in a system by the end of the program. (1,200). 2017
That is how you invest in yourself.
It will pay itself off in dividends once you've learned and put your new skills into the action.
You then loose the Financial Control that the system has placed on you by design.
You will then be free to live life on your own terms.
There are many ways it can be achieved.
All you need is some creativity, deep thinking and confidence to perform what is learnt. If you make a mistake. That's okay. There is no such thing as a bad mistake if you learn from it.
Break free from the school mentality of straight A's or good marks. DON"T BE AFRAID OF MISTAKES OR LEARN SOMETHING YOU DON"T KNOW.
Everyone's Route through Financial Education is Different. What's your Route?
We will dive more into the education system in the next blog about Methods of Control. Thank you for reading, hope it open some eyes.