Quote from: summonerrk on Today at 06:44:29 AM

Quote from: fruktik on Today at 04:31:57 AM

Quote from: bhadz on April 21, 2025, 02:04:45 PM

That is why, it is also a privilege when kids have guardians that are being taught on how to be financially well and be good at managing their finances. And those people that have grown without such but still managed to be good with their finances, you're all legends and you've come a long way for sure and learned a lot of it from your experienes. Also, the kind of old life that you've got is one big factor as to why you have been self taught on how to be financially educated. Because going back to the former life without good finances is what we are trying to avoid.

Indeed, there was no one to teach me even the slightest bit of financial literacy. I came to this conclusion myself. How did it happen? It's all very simple. I was tired of living in poverty and misery. I started looking at people who had amassed large capital. As a result, I came to the conclusion that money should not only be saved, but also invested in order to make a profit. This is the only option that works for me. Of course, I can start my own business, but I don't want that. I need mobility, which allows free movement and is not tied to a specific place.

However, a strong motivation to get out of poverty is not enough. You need to know how to get out and how to develop yourself in order to have a chance to become a wealthy person in the future. And if at this moment no one tells you what to read and what people to listen to, then everything will end without result. Such knowledge spreads from person to person very quickly due to advice. It was my friends who advised me to read Kiyosaki's "Rich Dad, Poor Dad" and it was the same friends who advised me this forum. Without them, I would be just a guy who wants to change his life. But does not know how.

Having those people around us on which giving out that kind of advises or recommendations. This is why its still relevant or important that you do need to include yourself into those circle of friends on which that have that kind of the same interest and mentality. There are instances that we might joined ourselves into those who doesnt have any plans into their lives when it comes to financial status or condition then they would be sticking into the current things that they've been dealing into and there's no progress. Yes, contentment isnt bad but having that kind of plans on trying out to make themselves that having that much more better in terms of financial then they will be trying out to make up some move. Its true that financial education begins from home but not all parents will be having that kind of action on which they will be teaching up their kids but mostly this will be that usually common on traits or behavior but talking about financial aspects then only a few of parents will be teaching out this one because most of the time they will be that letting the school do its job when it comes into this aspect on which actually true.