Amazingly, the single biggest skill that can make or break your financial success isn’t taught in school. You can graduate with a four year degree and learn nothing about personal finance or investing.
Doctors and attorneys can open their own practices without any clue how to read a financial statement. Business owners and investors can remain dangerously ignorant of the tax law.
The truth is, financial literacy is the essential skill you must develop if your goal is to build wealth and enjoy financial security. There’s no alternative.
The best investment you can make is in yourself and your financial education. It’s the obvious starting point to building wealth.
Why? Here are seven reasons:
1. Provides dividends for life that nobody can ever take from you.
2. Increases your earning potential.
3. Increases your return on investment.
4. Improves the quality of your life and finances.
5. Secures your retirement.
6. Defends your portfolio from unnecessary losses.
7. Provides peace of mind around money.
Why doesn’t everyone master these essential skills for investing and develop their financial literacy?
Because it requires time and effort — and they’re too busy.
That’s it. There are no other disadvantages.
If you’re willing to commit the time, you can have all the advantages that accrue to becoming financially literate. All you have to do is put out the effort, and a lifetime of benefits is yours for the taking.
“Invest in yourself, in your education. There’s nothing better.”
– Sylvia Porter
After all, what do you prefer: a little bit of effort now in exchange for a lifetime of financial security, or a little bit of procrastination and avoidance now in exchange for a lifetime of financial mediocrity?
Not a very difficult decision, but surprisingly few people make the wise choice.
Financial education is one of the great bargains in life: it costs little, risks nothing, and returns huge rewards. It’s the best investment you can make.
The sooner you get it, the more it’ll be worth to you. The longer you wait, the more it’ll cost you. Which path will you choose?
If you aren’t motivated to make a change, then all I can say is I walked the talk and it literally made me a fortune. We are big believers in financial education because we know the difference it can make in your life.
Nobody said it better than this:
"If you think [financial] education is expensive, try ignorance."
- Andy McIntyre
Money Talks Summit is bringing you the opportunity to attain the financial education that will lead to your success and financial freedom.
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