“The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money, but never learn to have money work for them.”
I can barely remember spending a penny to buy books except for those educational volumes that are required for school. I believe it WAS all because of the following reasons: (1) I don’t have a budget for those kinds of stuff, (2) reading books does not interest me at all (3) I don’t have the luxury of time to read. All those beliefs slightly diminished when I ventured the beauty of understanding one’s finances.
For the past few months of being a finance advocate, I have only read virtual finance-related articles. Perhaps, most of my financial wisdom came from personal experiences, finance seminars, and other people’s financial success stories. In fact, the first finance book I have read to this date from cover to cover is a pocketbook authored by Bro. Bo Sanchez, entitled “My Maid Invest in the Stock Market, and Why you should too!” I borrowed it from a co-worker but you can simply download ebooks online for FREE! You can download it here. This is a must-read book if you’re into Philippine Stock Market investment. Thanks to Bro. Bo for being so kind to make his book readily-available online.
During the first quarter of this month, I have promised myself to expand my financial vocabulary through attending more finance-related seminars and through reading finance-related books. Just this weekend, I bought two books written by Robert Kiyosaki, an American author-businessman who is the founder of The Rich Dad Company. Such establishment aims to provide what schools fail to educate – Financial Education.
The first line of this post is the famous words from Robert Kiyosaki, taken from his book “Rich Dad Poor Dad.”
The Rich Dad Poor Dad is basically about Kiyosaki’s two dads who have different perspectives about Money. Both dads are successful in their respective careers but the one who is highly-educated turned out to be the poor dad, unlike the other one who barely finished the eighth grade. The book reveals how the power of our thoughts and principles can reflect financial successes.
I am excited to share my insights and learnings from this book in my future posts. Stay tuned!
Some people are very excited about the idea to earn through investments without investing in learnings first. It is important for one's eagerness to learn rather than to earn. Learn first and take away that "L" later. One of the best ways to acquire financial wisdom is to learn from successful individuals through reading their books. But if you think merely reading one or two books about Financial Education guarantees you to be financially literate, you are wrong.
Reading finance-related books does not guarantee a financial success. Financial Literacy is a lifelong journey. As long as you are earning, you should never stop learning.
Financial Literacy Campaign Updates:
My fellow Financial Literacy Advocate @namranna made "The Seven Cures of a Lean Purse" series. This is an excerpt from "The Richest Man in Babylon" by George S. Clason. This series reveals the secrets of Babylon's Wealth that are essential for Wealth-building. @namranna just revealed the fourth cure lately, and I hope you'll find time to read this interesting revelation:
I also initiated #thebudgetchallenge lately. This is a contest for creating a budget plan. Please read more of the details here. The following entries are submitted by our fellow Steemians. Maybe you can learn from them too!
How am I surviving the real world... by @mickzzz
Principles and Systems for People Who Can't Stick to a Fixed Plan by @thegaillery
Living on a Tight budget by @danyopana12
My Cashflow Management by @namranna
My Own Version of Budgetting by @jonnahmatias1016
My B.U.D.G.E.T. Principle (A Witty Way towards Financial Freedom) by @nikkabomb
Budget Plan From An Engineer Who Used Not to Save by @caratzky
Dealing with Current Liabilities by @fojrance
If you're from Cebu, Philippines and you want to learn more about Financial Literacy, Cryptocurrency, and Steemit, don't hesitate to contact me on my Facebook account or you can just comment it directly on this post. Doing Financial discussions is in line with our Financial Literacy Campaign. These are our previous successful meet ups:
yay..invest na in books xa oh...
Hahahaha yes ate, payamanin goals
I am sooooooo happy reading this post of yours! Yehey! I know you'll love these books @smaeunabs <3
lageee man! halos every line duot bukog kaayo hahahaha
Enjoy shei! Together, let's be students in this journey! 💪