Study hard, get good grades and you will have a bright future! I am pretty sure many of you have been brainwashed by your teachers with this statement when you were students. And your perception of a bright future is most likely to become a lawyer, doctor, engineer, businessman. whatever that promises a high salary.
Your school helped you to achieve your goal. It equipped you with the necessary set of skills to thrive in your trade. But does your school train you how to manage your finances once your money starts rolling in. Does your school tell you that you will stop earning that kind of money once you stop working? Do your teachers give lectures on the importance of earning residual income and managing personal debts? Does your school teach you how to achieve financial freedom?
Your high salary profession enables you to live in big houses, drive fast cars, own countless country club memberships, go on yearly travels, buy the stuff you longed for But wait! Have the thought of you losing your job ever creeps into your mind?
The economic bubble burst. Businesses plummet. Your employment company cash flow statement goes into the red. The directors of the company want to cut cost. They decide to layoff employees who take home fat paychecks. You are one of them. Your world collapses when you were retrenched.
You suddenly realized that you could not maintain your lavish lifestyle anymore. Your posh house is on mortgage with the local bank. You took a loan for your fast cars. You havent clear your credit card debts. You dig into your savings to appease your creditors for the first few months. But pretty soon, your creditors came knocking on your house door every few days and flood your voice mail with reminders to pay your debts.
As important as it is to earn lots of money, managing your finances is paramount to you being able to achieve financial freedom. Once you obtain financial freedom, you would be able to escape the rat race, have more free time to do what you really love, go on vacation as long as you wish and live the lifestyle you wish!
Educate yourself to achieve financial freedom. Teach your children on the importance of managing their finances since their school most probably would not do so. There are no shortages of resources around for you to learn and teach. Money is a double edge sword. It could make or break you. But if you could master the skill of managing it, money would be on your side.
Embark on a journey to achieve financial freedom. Educate yourself. Be financially free.
About The Author
Augustine is a electrical and computer engineering undergraduate who has learned the importance of achieving financial freedom and pinpoint a missing link in the education system for not teaching students this crucial survial skill.
professional maid services Morton Grove ...Start a "round robin" goal letter with others who need... Read More
Too often we wait for the 'right time' or 'the... Read More
Hello,You are reading this article because you are one of... Read More
What does success look like to you? Our culture often... Read More
Are there any universal laws that most successful people seem... Read More
Any person who goes through life without experiencing failure is... Read More
Often, what people say about other people behind their backs... Read More
Choose "impossible" goals When faced with a hard-to-reach goal, your... Read More
"The reason man may become the master of his own... Read More
With three kids, a business, a husband with a business,... Read More
Success is a journey and along the way we need... Read More
There are certain laws that when obeyed will bring great... Read More
A Lifelong Learning Plan is a conscious, continuous engagement in... Read More
As kind of a hobby I like to watch people.... Read More
Trust is a cornerstone of human existence. It is interesting... Read More
Circus trainers used to tie a chain around a baby... Read More
Today I was glad that I had bothered to read... Read More
Very few of us can pick up a complex task... Read More
No one becomes successful by accident. Success requires making a... Read More
Bank account bare? Bedroom barren? Body running on empty? Buddha... Read More
Not only do we communicate with ourselves, but our cells... Read More
"If you can tell the world who you are and... Read More
We must never allow a day to pass without finding... Read More
They 'do it' by sharpening their FOCUS on the task... Read More
I always say to my children, as long as you... Read More
weekly home cleaning Des Plaines ..."When you talk to yourself, you listen. No matter what... Read More
We all want success in life. We want success in... Read More
Did you see or hear about 'The Masters' golf tournament... Read More
With the end of the year fast approaching, now is... Read More
Sometimes it is better to just get on with doing... Read More
Most dictionary entries would define failure as the simple lack... Read More
I spoke recently with the owner of a large clothing... Read More
You're considering a new career, new place to live or... Read More
I have often been asked the question, "What is true... Read More
It's really all we have... the "Moment". Think about it,... Read More
In earlier generations it was common to keep a diary... Read More
Much has been researched, written and taught about success. One... Read More
Not so long ago, I impressed the daylights out of... Read More
Do you feel you lead a healthy and happy life?... Read More
Don't expect results over night - what??If you were to... Read More
I thought this was unbelievable, but it's true.On average, security... Read More
This article is about a subject that few people think... Read More
"Most people don't plan to fail. They just fail to... Read More
If you help yourself, God and humans will help you... Read More
I recently was made aware of two comparative statistics that... Read More
Measure twice, cut once Just as in carpentry, making sure... Read More
Success is the most desired ambition of the human beings.... Read More
Believe in your own Divine nature Despite the varying religious... Read More
No matter how young or old you are, you must... Read More
They all know it's part of the success journey.They know... Read More
Success |