Earning the fat pay cheque is one issue, but the knowledge of putting it to work for us remains a grey area, irrespective of age boundaries. Whilst it is said that you are never too old to learn, at what age should we be teaching our children (our future) concepts of investment strategies and life-skills?
In today’s society, teenagers control their own money. We should be taking steps to educate them in key aspects of wealth creation now. Success is measured by most as the acquisition of ‘assets’ such as fast cars, boats, large properties, and owning your own business. Most of these are actually contra to wealth creation, and serve merely as an illusion of wealth to our peers.
Many of us deposit our hard earned cash into the bank believing this to be a solid investment, but gain negligible returns (if any). Actually, we have to pay to gain access to our funds, yet the concept of a savings account is instilled into us from an early age.
We are uneducated in how to get a job, keep it, and maximise our profits within it. Many sick days are taken throughout the world each day, for various reasons, the key one being frustration within the work-place. Employment is the selling of our time, and skills, for money; we aim to sell as much of this, for as great a price as we can, in the belief that this will make us “successful”. However, the end result is that we need money (that we’ve earned), in order to take time off (a holiday), i.e. we then buy our time back to escape the stresses of work!
We are lacking in the art of communication and negotiation. If we educate ourselves to modify our psyche and approach towards immediate goals, we could have the potential not only to earn more money, work fewer hours (thereby avoiding ‘pulling a sicky’), but actually achieve personal satisfaction in many areas of our lives.
Rather, we should concentrate on altering our approach, creating win-win situations between parties by communicating clearly and negotiating performance/ results based deals.
Education for life remains a void within our traditional education systems, yet is applicable to any population age, be-it entering the work-force, within it or leaving it.
Life-skills and investment education, teach us to work with what we have, and turn each opportunity to our advantage. Lets make what we have work for us (a refreshing change to us working for what we can get)! Both should form an adjunct to every school education.
Many investment strategies are achievable “no money down”, if only we invest a little time and effort in our education and ourselves. We should be investing today for our tomorrow, and our children’s tomorrow. In fact, our children should be investing today in their own tomorrow!
We hope this has given you ‘food for thought’, and sparked your inner-most determinations to succeed in the 21st Century.
Intrinsic Lifestyles: Investment Education applicable to all ages. Expert proven investing strategies for wealth creation, generating cashflow to make money.
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