Monday, November 9, 2009

Reasons Why You Should Get Financial Education

You may ask, "why get financially educated?" Here are ten reasons why...


1. Get out of the 'Rat Race'
For the average Filipino, length of formal schooling averages about 16 years. Starting from the age of 6, and finishing college at 21 years old. The usual path for a graduate of academic education is into the harsh world of employment-- also known as 'rat race'.
Rat race is like a never ending journey to NOTHING!
Wikipedia defines the term, 'an endless, self-defeating or pointless pursuit.' http://en.wikipedia.org/wiki/Rat_race
A rat racer's world lives from paycheck to paycheck, work an average of 9 hours daily, taking orders from someone else. He/she then gets paid on the hour. For some, saturdays and sundays are working days too. They usually work to pay the countless bills coming in without accomplishing anything... just like a rat race.

With financial education, it will help you understand the process of getting out of rat race, and into the fast track where rich people play the money game to win.



2. Job security


Just how secure is your job, really? 2008 will be best remembered as the year when crisis on credit shook the US and the rest of the world. Tagged as massive financial crisis since the Great Depression of 1930s, the effects span across the globe.
For the Filipinos, the year has shown a series of events with OFW's returning home due to closing of companies and factories.

OWWA: 5,000 OFWs displaced by global crisis | ABS-CBN News Online Beta http://bit.ly/2wCTha
1,000 more OFWs laid off in Taiwan | PhilStar http://bit.ly/21fsTy
Locally, we've seen companies do; freeze hiring, job cuts, lay-offs and retrenchments.



Manila Standard Today -- Layoffs may reach 300,000 -- Jan29_2009 http://bit.ly/3Ume7A
Job security is like a maximum prison cell. You are tied to the job. Financial education promotes freedom of choices.

3. Defy the financial crisis, current and coming
Financial education will teach you about the internal economy independent to the shortcomings of the external economy. Having an internal economy will shield you from the mistakes of outside investors.

4. Beat the greatest conspiracy
In his recent book originally released online, Robert Kiyosaki writes about the conspiracy of the rich in our education, banking, etc.





With the right financial education, you can rise above the current economic problems and defy these system-rooted conspiracies, through change of mindset and taking action.

5. Service to others
True service to others entails sacrifice. Being an employee, you get to help yourself only too much. You can't sacrifice your time because if you swap your working hours to help other people, chances are you'll end up needing help too. You can only share a finite amount of your income since you yourself need help when it comes to finances. 

Simply put, you can't give what you don't have. And rich people have both the time and money to spend for service to others.

To be continued...

∞∞∞
If you would like to take the first step to your financial freedom, please let me know by leaving your comment in the posts. We, at Create Abundance 2020 business community, take to our hearts the mission in sharing financial education to fellow Filipinos, to realize our vision of a First World Philippines. I’ll see you soon... JERVIS =)

Take the first step in faith. You don't have to see the whole staircase, just take the first step. -–Martin Luther King Jr.
∞∞∞

No comments:

Post a Comment

We value your feedback and we love to hear from you. Share your comments and insights.

Related Posts Plugin for WordPress, Blogger...