The Importance of Financial Education

Education is not restricted to school. Reading and training are part of your education. Set your mind to making money and you will succeed. Right now you have no idea how much money you will make in your life so don’t put any limitations on it. Get into the habit of building a positive image about money,

It may seem a silly thing to do but the results may impress you. Thoughts are things put them to use for you. Think good thoughts and good things will happen

Recently I read a very interesting book from two famous authors; Donald J. Trump and Robert Kiyosaki called Why We Want You to Be Rich. Both of these gurus feel that lack of financial education is the cause of the world economic problem. In this book he shares about vision that most people never see. Both of them share what they think and why they think the way they do, through their eyes you will gain additional insight how one can improve your financial future.

Your education fund is the first priority in your goal setting we want to give you a tip on how to make it grow. Once you have set up an account with either your local bank you need to plan how to put money into it.

One of the best ways is make deals with your parents. Tell them college is a big dream of yours and that each month you are going to put $20 into your account. Ask them to match it. Your parents will like that you are helping pay for your education and it shows that you are willing to work for it, suddenly you are getting twice as much money and your account is growing faster than it otherwise.

In the first year you will put $400 into your account and with interest you could have saved over $500 at the end of the year.

Financial education is very important to everyone who wants to seek a better life at a time when we all need to be financially equipped for the future we face.

Your teen buddy