Improving your financial literacy

in #success7 years ago

Learning to learn: Understanding how to grow your money

It’s a bit funny really, the whole idea of financial literacy. It always seemed to me that there were people who are destined to be rich whilst everyone else has to live of scrapes of whatever in left or there were people destined to succeed in one arena whereas the rest of us have to stand in the background applauding. I however began to wonder about everyone who I aspired to be like,I began to read around searching for their secrets, did they have some special gene in their DNA maybe or maybe they were hiding some advantage which only they had?
For years the secret eluded me.I searched high and low,I begged that somehow it would just fall over my head as the apple that gave Newton his law of gravity yet no such luck found me.These successful people seemed to have had cheated the system somehow.I thought the system was supposed to keep us all the same but these people had cheated somehow and they were thriving.
How can these people thrive where I keep falling? I wondered.It indeed is a difficult question.The answer I have found is that to everything you wish to achieve there is a system and you either figure out this system by yourself or you get a mentor who will train you.The advantage of discovering the system by yourself is that you are more likely to understand it very well once you have found it however it usually takes very long and you have to go through a learning curve which can at times be extremely painful to endure.The easier route is to find a mentor who will guide you through the process of achieving success in whatever you wish to achieve.This tends to be expensive and difficult at times but with the advent of the internet it might be easier than before to find a mentor to guide you through whatever it is that you want to learn.
Yet finding the system is a great first step, the next stage will be to develop a complete understanding of it and each of its components and then following it with as much discipline as possible.Success is never guaranteed but having a good system in place will most certainly increase the probability of success and this is the most important aspect to look at.In any situation, you want to increase as much as is possible the probability of succeeding.
Though not entirely clear for the new bee to any field, herein lies the secret to success.Find the system, understand it completely and increase its probability of success and repeat forever.This is particularly true for all those wishing to build wealth, If you want to profit from the stock markets, find out how the best investors and traders do it. Understand their system and use it for yourself to increase the probability of your success

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