In this episode of
Money Creation Explained, we are going to cover Why We Must
All Became Financial Savvy and Become Our Own Financial
Advisor.
When it comes down to the human condition, most of us want
more or less similar things in life. This may include having
enough money to live comfortably, health, a family, kids,
community, personal goals, business or career goals, etc.
Let’s face it, we all have to work to earn money to finance
our needs and wants in life. A skill that is not taught in
elementary, middle, high school or college is basic money
fundamentals and skills.
According to many studies, the average American does not
have $1,000 in their bank account to cover an unexpected
bill. They are living paycheck to paycheck and this includes
even six figure earners as well. That means, in the event of
an emergency expense (vehicle, housing, medical, etc.), if
family or friends cannot help, the average person would have
to rely on high interest credit cards or payday loans. Most
people do not think that far in the future and do not
calculate the amount of wasted funds they spend on loan
interest and related service fees.
A Financial advisor is someone who helps create long term
strategies for building wealth and managing risk. When you
think of someone going to a financial advisor you think of
people that have a lot of income and assets to invest and
manage. Most people will never utilize a professional
financial advisor in their lifetime. Even if one never uses
a professional we all have the ability to become financial
savvy and handle our own money better. There are many
articles, videos, and books that are readily available and
can help with this. Most importantly, with any new change,
start small and you will see process from small baby steps.
Over time, you will make progress which will really add up.
IOU Notes is a peer-to-peer credit and loan platform.
Donations of $20
or
more will receive
our
Gift of Appreciation
Crypto
Currency Blockchain Coin
10 Million Max Supply Industry
leaders Bitcoin is
21 Million max supply
and Ethereum is unlimited.
_____________________
Note: IOU
Notes is a for profit company and any funds donated are not
tax deductible. We declare any donations as company revenue
and pay the applicable taxes on it.
.png){kind=spacer}
