Wealth creation does not just happen….
It is the result of living within your means, saving, and then investing.
Simple isn’t it?
So why are so many people have so little to show for their years of working?
There is no one answer to this question, but…
whatever the reason for their lack of financial success can be summed up in just two words;
Financial illiteracy
People are not broke without a reason and neither are they prosperous without a reason.
If you divided the world’s wealth equally between its citizens, it will not be too long before everyone will return to the same financial position as they were previously because everyone has developed habits of using their money which will either build their wealth or keep them poor.
There is no secret to the financial success of those who build their wealth, and it can be summed up in two words;
Financial literacy
No one is born with financial literacy, just like education of every other kind, it is learned.
So where do you learn about financial matters?
Start with your local library, there are plenty of books you are able to borrow on financial matters. Your local bookstore, ebay, or Amazon all have books on finance while you may pick up the odd book on the subject from a charity shop.
One good book to keep an eye out for is “Rich Dad Poor Dad,” there are a lot of other books from the same author.
The author of Rich Dad Poor Dad stresses the importance of developing income producing assets and reducing those or at least eliminating liabilities which cost you money.
I have a free ebook to give away, it is called “Financial Steps.”
All you need to do is join my mailing list on the following link;