Money cannot buy everything, but it makes the world go round. Two of the valuable items that money has failed to buy are happiness and life ...
- Advertisement -
Money cannot buy everything, but it makes the world go round.
Two of the valuable items that money has failed to buy are happiness and life itself. But with money, wealthy people can live long, fulfilling, and better lifestyles and meet their daily financial demands.By @Comic24Derick
The trendy automobiles and fashion are reserved for those loaded with extra cash. The lack of it will make life to be generally tough for you. We live in a more materialist and capitalistic world.
With the extra cash, one can enjoy a tranquil holiday, feat on the best food in the famed eateries, or access the best healthcare anywhere around the world.
Education has no limit
The moment you stop learning, your knowledge becomes limited and outdated. To be abreast with the latest financial trends, you need to keep learning more, every day. The world is changing rapidly, latest things are on the market each day.
This quote attributed to Conrad Hall is revealing. “You are always a student, never a master. You have to keep moving forward.”
Apartheid hero and South Africa’s first black president, Nelson Mandela had faith in education, asserting that, “Education is the most powerful weapon which you can use to change the world.”
What is financial literacy?
“Owning a home is a keystone of wealth – both financial affluence and emotional security,” advised financial expert, Suze Orman.
 |
| “A lack of money is not the problem; it is merely a symptom of what’s going on inside of you.” (Image: Pixels) |
A secure home is a security for the family, when one retires and in times of financial instability, there is a roof over their heads. Often, in times of crisis, a home will come as an asset that will shelter you from economic collapse.
Numbers matter, you must know and understand them
Delegating the financial management of your business is necessary, but you need to know your numbers to see if you are making a profit or loss. Learn how every department of your business, especially the financial side operates, only then can you appreciate your standing.
“Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.” – Tilman J. Fertitta.
Bob Corker said, “I have gone to great lengths, and in some cases beyond what is required by the reporting guidelines to ensure all of my filings are beyond reproach, by hiring an independent third-party accounting firm to review and audit all of my previous annual financial disclosures.”
In business, you can never be certain, but double-checking your numbers will keep you ahead of your peers and keep away any tax lawsuits.
Financial advice for women
“Financial independence is paramount. My mom always says that when a woman is financially independent, she has the ability to live life on her own terms,” Indian actress, Priyanka Chopra noted.
Numbers matter, you must know and understand them
Delegating the financial management of your business is necessary, but you need to know your numbers to see if you are making a profit or loss. Learn how every department of your business, especially the financial side operates, only then can you appreciate your standing.
“Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.” – Tilman J. Fertitta.
Bob Corker said, “I have gone to great lengths, and in some cases beyond what is required by the reporting guidelines to ensure all of my filings are beyond reproach, by hiring an independent third-party accounting firm to review and audit all of my previous annual financial disclosures.”
In business, you can never be certain, but double-checking your numbers will keep you ahead of your peers and keep away any tax lawsuits.
Financial advice for women
“Financial independence is paramount. My mom always says that when a woman is financially independent, she has the ability to live life on her own terms,” Indian actress, Priyanka Chopra noted.
“I think that was the soundest advice that I ever got. No matter where you go in life or who you get married to, you have to be financially independent – whether you use it or not.”
Married women sometimes depend on their hubby's incomes. In marriage, they are not independent, and when they get divorced or when the husband dies, they lose everything.
Married women sometimes depend on their hubby's incomes. In marriage, they are not independent, and when they get divorced or when the husband dies, they lose everything.
Having your independent source of income as a woman empowers you. It also empowers women to have a voice in wealth distribution.
Books of financial literacy
In Ron Lewi’s interpretation, “Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare, and retirement.”
For a developed nation, America is lagging in financial literacy among its citizens. The gap is even wider in undeveloped countries. Acquiring such vital knowledge is an advantage to those people who are willing to learn.
Robert Kiyosaki also said the lack of financial education in schools. “Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.”
Why are you rich or poor?
Without financial literacy in school, those prudent to master the ropes will make wise investment decisions in business. This knowledge gap is the difference between the rich and the poor.
John W. Rogers, Jr advocated for financial knowledge to become an essential of our everyday lifestyle. “Financial literacy is just as important in life as the other basics.”
For Robert Kiyosaki, complaining about the lack of financial literacy in schools will not help, but if you are willing, you can become self-taught. “We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.”
Education is the key
“Education is the gateway to the American Dream. But today our immigration laws make higher education – a virtual requirement for financial security – out of reach for more than one million undocumented students.” – Wendy Kopp.
Illegal immigrants suffer on most fronts, including lack of education, leading to the deprivation of financial education. In the end, they form part of the larger poor communities.
A crisis will come, be well prepared
Savings, even in smaller amounts may seem insignificant, but they are an investment in times of trouble. Financial crises, including the novel COVID-19 pandemic, offer some lessons.
“Do not leave yourself or your family unprotected against financial storms... Build up savings.” – Ezra Taft Benson.
Poverty reveals your character
“There is a secret psychology of money. Most people don’t know about it. That’s why most people never become financially successful,” T. Harv Eker said. “A lack of money is not the problem; it is merely a symptom of what’s going on inside of you.”
Poverty has more to do with your actions towards money, more than your background or economic environment. With financial literacy, you understand and respect the principles of money that Eker teaches.
The 13th Chair of the Federal Reserve in the United States, Alan Greenspan was convinced, that the lack of financial literacy is a challenge in today’s generation. “The number one problem in today’s generation and the economy is the lack of financial literacy.”
Make money your slave
“Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it,” lifestyle guru, Timothy Ferriss shared his proven nuggets to success.
Books of financial literacy
In Ron Lewi’s interpretation, “Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare, and retirement.”
For a developed nation, America is lagging in financial literacy among its citizens. The gap is even wider in undeveloped countries. Acquiring such vital knowledge is an advantage to those people who are willing to learn.
Robert Kiyosaki also said the lack of financial education in schools. “Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them.”
Why are you rich or poor?
Without financial literacy in school, those prudent to master the ropes will make wise investment decisions in business. This knowledge gap is the difference between the rich and the poor.
John W. Rogers, Jr advocated for financial knowledge to become an essential of our everyday lifestyle. “Financial literacy is just as important in life as the other basics.”
For Robert Kiyosaki, complaining about the lack of financial literacy in schools will not help, but if you are willing, you can become self-taught. “We were not taught financial literacy in school. It takes a lot of work and time to change your thinking and to become financially literate.”
Education is the key
“Education is the gateway to the American Dream. But today our immigration laws make higher education – a virtual requirement for financial security – out of reach for more than one million undocumented students.” – Wendy Kopp.
Illegal immigrants suffer on most fronts, including lack of education, leading to the deprivation of financial education. In the end, they form part of the larger poor communities.
A crisis will come, be well prepared
Savings, even in smaller amounts may seem insignificant, but they are an investment in times of trouble. Financial crises, including the novel COVID-19 pandemic, offer some lessons.
“Do not leave yourself or your family unprotected against financial storms... Build up savings.” – Ezra Taft Benson.
Poverty reveals your character
“There is a secret psychology of money. Most people don’t know about it. That’s why most people never become financially successful,” T. Harv Eker said. “A lack of money is not the problem; it is merely a symptom of what’s going on inside of you.”
Poverty has more to do with your actions towards money, more than your background or economic environment. With financial literacy, you understand and respect the principles of money that Eker teaches.
The 13th Chair of the Federal Reserve in the United States, Alan Greenspan was convinced, that the lack of financial literacy is a challenge in today’s generation. “The number one problem in today’s generation and the economy is the lack of financial literacy.”
Make money your slave
“Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it,” lifestyle guru, Timothy Ferriss shared his proven nuggets to success.
- Advertisement -
- Advertisement -
Tinzwei Is A Worth Voyage For Those In Pursuit For Up-To-Date World Events.
Read More At The Online Coronavirus Portal Or Use The 24-Hour Public Hotline:
South Africa: 0800 029 999 or just Send Hie to 0600 123 456 on WhatsApp
No comments