There are three types of education, Academic, Professional and Financial.
If you are educated with all these three types of education. Read no further. This blog post is not for you! But, if you have gone to school and learn about Academic and Professional education, and lacking financial education. Then keep reading, this blog post is exactly for you!
Education is more important now, then it has ever been. The Problem is that schools just focus on two kinds of education. One is academic eductions wich s very important such like: Reading, writing, and mathematics You need to have it. It’s very basic. Then the second type of education is the professional type of education.
If you want to be a lawyer and accountant or teacher. then you need to go to school and get that certification.
But the one kind of education that is lacking severely in the school system, is the Financially eduction.
An important part of financial education is to know how to read a financial statement, which is an income statement and a balance sheet. Now when you go to your banker. Your banker always asks you for your financial statement, not your report card. Because your financial statement is your report card, once you leave school.
Your financial statement will tell you whether or not you are smart with money or not smart with money. Because that financial statement is the report card of your financial intelligence.
People are saying that they where learning economics in school. Is economics financial educations? Not really. It`s not about investing, it’s not about the laws, it’s not about taxes, Not about History.
The school puts us in a culture of dependence, We depend on three things, We depend on a corporation to take care of us, We depend on Government to take care of us, and the scariest thing is that we depend on institutions like 401k and Stock market.
Schools are training people to be employees, to work for the rich.
Financial education is like learning another language When you learn Real Estate which is a different language than stocks, entrepreneurship, and commodities like Oil or Gold.
If you learn English, you can do business with the whole world.
When you learn to speak the language of money, it opens up a whole new world.
Unfortunately, our school system doesn’t teach the language of money, they teach the language of becoming a doctor or lawyer or an employee.
Let me hear your thoughts on the subject in the comments below!
In the link below, I have an amazing system that does all the heavy work for you. so you can start learning financial education in a simple way.