Posts Tagged ‘Financial education’
Money Management
Everyone in the world we must have some relationship with money, because by this is that we get almost everything you want. That is why all people are aware of how difficult it is to get more if it is working on the Internet.
It is also true that the vast majority of people have financial problems because they can not handle this properly. The problem with this comes from our parents educated us incorrectly in the use of this.
I say that wrong since the age of children in educating parents should financially. Education is not just studying to work life, and say that money is not easily achieved.
And also the whole society prepares us psychologically to be an employee again, because of this is that children grow out of the business undertaken to create their own and so it does not achieve a good economic situation and therefore financial freedom.
As we grow we grew up with a totally destructive relationship in money management. A detailed example about poor money management is that if one tells a normal person can be earning $ 15,000 per month for one think Read the rest of this entry »
That is really Financial Freedom
Financial freedom is a term in which many people, I would say the vast majority of them are wrong, because they think that financial freedom is having lots of money and spend it without unnecessary steps in tastes, eccentricities, etc..
The real meaning of financial freedom is having investment that we generate enough income to live comfortably and without the need to work, example if you have investments in properties that give us $ 7,000 monthly and our expenses are $ 5,000, this means we have positive assets, where there is financial freedom.
The problem is that achieving financial freedom is not easy, for this we must sacrifice many things, there is where you get the point, and if he really where we want to. To achieve freedom we must have a balance.
A balance should be between revenues and expenditures. It’s like having a balance in all our lives on what we want. And it’s not that we’re going to restrain the things we want, we just have to balance them about our needs.
If we look at the vast majority of people who for some reason became rich life, whether you won the lottery, received an inheritance, etc.. In a few years returned to their natural state. Read the rest of this entry »
Which is better, spend or invest
The big problem for people who want to achieve freedom finance do not tell the difference between spending or investing, for this reason is that it maintains economic problems everywhere.
If we want to achieve financial freedom we must learn to distinguish between spending and investing. But we must also learn to actually use the term investment, since this in most cases is used to disguise an expense.
To know well what it means both must know that a charge is all it takes to satisfy a need, this money is spent you never have back, the most obvious example is the payment of services, visits to dinner, buy a fancy car, etc. These are all expenses.
It is true that the costs are essential, but what you can do is try to lower them as far as it can.
The other point is to know that is really an investment. This simply put is when we buy something that gives us more money, the most obvious example is when we buy a property and rent, or buy a photocopier and put it to produce copies sold, etc. Read the rest of this entry »
Financial Education
One of the questions most are on my website, which is financial education, is: How I can make more money?
Although this question reflects a basic need of every human being, it bothers me tremendously every time I hear it. It is a misguided question and is based in ignorance.
People who make these types of questions believe that more money is the solution to all problems. But what they really need is financial education. Even if they had more money at that time, it probably would lose it all again, because they are ignorant on the proper handling of money. Read the rest of this entry »
Financial education for their children with credit cards
Teach them to use your credit card as well as the specific nomenclature inherent in the cards, is essential for through the means of payment, they gain the financial education necessary to find care for their personal and family economy in the future.
Practical concepts, a starting point.
To begin, it is essential that our children can recognize the concepts surrounding the operation of credit cards. Always linked to your bank account, the first thing your child should keep in mind is that credit cards are money.
With this philosophy in mind, it is important to determine if your child is ready to use a credit card, if he has sufficient financial training and, if able to be responsible with money. Read the rest of this entry »
Why do we have financial problems?
Without reaching the point of talking at the level of the national economy, but rather trying to take as the axis center the subject or the person who has the money, we can say that A or key factor in this process is you.
Robert Kiyosaki mentioned in many of his books that people are accustomed to bad money management. At this point I strongly agree with him. But the key question is, what factors contribute to our financial ignorance?
The answer is simple: they gave us
Until today I have not seen that in colleges and universities are touching on money management topics and personal finance. Not touch on issues like taxes, banking. Issues that we deal almost 80% of our lives. So are forgetting a major education 80%. Read the rest of this entry »
