Acknowledgement
My first thanks giving goes to the Heavenly Father Almighty God for providing me with knowledge, strength and apprehension which guided me in the successful completion of posts.
I would like to express my sincere gratitude to my tutor for his knowledge and expertise which helped me in the successful completion of #steemit familiarisation and utilisation.
And then a big thank you to ,
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for their humanitarian reasons to make Africa a better place by supporting fellow steemians from Africa. Cheers to my recent acquaintance with
for i see his support for this worthy cause- to spread #steemit.
Introduction
The one problem money cannot solve is poverty. While there are many underlying causes of poverty, one of the causes is a lack of financial education. The problem with throwing money at the issue of poverty is that money only creates more poor people and keeps people poorer longer. This is why most successful people are teachers. They know that the one true solution to worldwide poverty is financial education, not money. If money alone could solve poverty, they would donate their money. But since money cannot solve poverty, they donate their time. In addition, a portion of the profits of their books will be donated to charitable and educational organizations that also teach financial literacy.
As your financial education increases, you will start to recognize financial opportunities everywhere. Once you become rich, you may choose to help change the world as well. This is what successful people do. This is why they join forces as teachers.
Can you read this post with an open mind? If so, you will see the world through the eyes of successful men and you may expand your own mind-set about money and what is possible for your financial future-To your financial future of freedom.
What I am Concerned About
I'm afraid we have developed an entitlement mentality as a nation. And I'm not talking about just poor people. Too many people, from the president and ministers on down, expect a pension from the government. I really wish we could afford to solve their problems, but to do that would bankrupt our nation. We could ask the rich to pay for everyone, but would it solve the problem? And for how long would it even solve the problem?
The best way to solve the problem of bad financial results is to change our thoughts - to start thinking like rich people rather than poor and middle-class people. That means losing the entitlement mentality-whether you are a military officer, government worker, schoolteacher, employee or just poor. If we do not stop expecting the government to take care of us, we will continue to have the same results - a bankrupt nation filled with well-educated but financially needy people.
Albert Einstein defined insanity as "doing the same thing over and over again and expecting different results." In this case, it is my opinion that it is insanity to keep sending kids to school and not teaching them about money. I believe we need to train more kids to be entrepreneurs who will create jobs, and be investors. Instead of walking away with a solid financial education, most kids leave school- some already deeply in debt - prepared only to work hard, save money, get out of debt, invest for the long term and diversify.Warren Buffett says the following about diversification:
"Diversification is protection against ignorance.
It makes very little sense if you know what you are doing.
One of the keys to becoming rich is to know what you are doing.
I want you to find out your own whys, rather than expecting a handout from the government. That's how we can help solve the problem. Obviously the successful people can't help everyone, because not everyone has the talent to become rich, but they can help those who do and have the desire to be rich."
"This entitlement mentality is a monster problem; Huge; and I agree".
Bigger even than the national debt, the falling dollar, the oil crisis and retirement programs. And those are very big and very real problems. Problems aren't the issue, I say. We all have money problems ... even you and I. It's how we solve the problem that's the issue. We, as a nation, cannot solve our financial problems if we think with an entitlement mentality. It's this mentality that's really at the core of the problem. That's why I want people to become rich!
Our financial problems are caused by the way we think. We have to change the way we think about money.
....To be continued. Follow me for more financial education. Think Rich! Be Rich!! Richforever!!!