How to learn financial literacy
How to learn financial literacy? Statistics: 68% of people do not have $400 in savings. 88% of businesses in America are started by immigrants. The way to financial freedom is with streams of income. The possibility of financial freedom by trading hours for Dollars is limited.
Why? People are stuck at a wage and there are 24 hours. We need sleep. Therefore, one income from a job alone is limited. We work to live not live to work. It was said, I would take 1% of one hundred peoples labor instead of 100% of my own. This is important because freedom comes through incomes plural not one income alone.
The key is to not spend more when you make more. Statistics show that 99% of people that grow up poor stay poor and 99% that grow up wealthy continue to create wealth. The poor never cross over that gap. What is the point? We cannot keep doing the same financial things over and over and expect our financial life to change. You cannot save your way to wealth over 40 years with inflation through saving one income in a 401k. The purchasing power of that Dollar in 40 years loses 90% of its value. This is the reason for financial education.
How entrepreneurs think?
Example of entrepreneur thinking:
Why start a business now?
How to start online company?
What to understand as Entrepreneur?
What are principles of an entrepreneur?
How entrepreneurs think about money?
What entrepreneurs think about income?
What entrepreneurs understand concerning class of wealth?
How entrepreneurs think concerning time?
How entrepreneurs operate company?
What types of entrepreneur skills?
How entrepreneurs utilize platforms?
How entrepreneurs communicate?
How entrepreneurs manage?
What to read as entrepreneurs?
What entrepreneurs learn?
What is economic history?
How economics & stock work?
How inflation works?
What is investing risk?
Everything affects economics: