We don’t always like the rules. But it would be in our best interest to know them. To get rich, we first need some information. We must know the rules, laws and restrictions. No matter how talented we are, we cannot be a perfect captain if we don’t know the rules that apply at sea. The world is full of people who try to be the great captain even though they don’t know the rules of the sea. Talent alone is not enough; we also need information and education.
There is something we all value: Our loved ones. Suppose your family’s well-being is at stake. What do you do? You do your best to keep your family ship from getting water. I don’t want to cause fear, but your ship can start taking water at any moment. The financial security of all of us is at stake. Just because something is fine today does not mean it will continue like this tomorrow.
In order to protect ourselves financially, our need for financial education is increasing. Education gives us vision. If we have a vision, we can identify economic problems and turn them into opportunities. We need to get outside of our comfort zone and learn some finance.
Someone said: “I could see the world clearly before ads came into our lives.” This person complained that advertisements, propagandas, and politicians influenced and manipulated his thoughts. He said that the experts who came up to clarify some issues actually blurred our opinion. In such an age, we must learn to think critically. We should aim to obtain accurate information while also learning finance.
Just as we cannot learn how to swim from textbooks, we cannot learn to manage our money simply by reading. Besides theory, practice is also required. We must learn from both reading and experience in order to financially secure our future.
We need Financial IQ in order to map the sea of economy nationally and internationally, to make the rest of our journey well and to make the right decisions at the helm. Improving our Financial IQ takes patience and effort. However, anyone who wants to live in prosperity needs to improve their Financial IQ.
“The mind that opens up to a new idea never returns to its original size.”Einstein
A captain should know also history as well as geography. We can learn very important lessons from history. Learning why ancient civilizations and empires disappeared can contribute to our existence. Do you know how many years the Ottoman Empire ruled? So how and why is it collapsed? Knowledge is power and helps us to survive.
What would you like to remember if you suddenly thought today was a thing of the past?
If you want to learn more about Financial IQ, check out my related posts here.
You may also want to read these:
- WHY YOU NEED TO INCREASE YOUR FINANCIAL IQ
- DON’T WORK TOO HARD -WORK FOR YOURSELF
- THE FIRST RULE OF GETTING RICH
Here are my latest posts:
- You are the Person to Take Control of Your Investments
- Ten Characteristics of Leaders and Successful Investors
- Why Financial Security Is More Important Than The Job Security
- You May Lose Money Because You Don’t Invest Enough Time
- Are Your Retirement Plans Really Safe?
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