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We Need Different Type Of Education!
Skills that we learn in school, college and university only prepare us to get a job and having an income. Earning passive money requires totally different set of skills that unfortunately are not taught at school. That’s why we normally see people with high grades in school become high paid employees, but still struggle financially whereas most of the rich people have not even finished high school. People like Bill Gates, Mark Zuckerberg, Buckminster Fuller have been expelled from university but…
When it comes to money and economy and becoming wealthy, It seems most of the people have a vague idea about how economy system works. They only look at interest rate in the dollar amount that they have to pay back, which is actually right, but they really don’t have any idea how the government steals their wealth by injecting inflation into the system. In this post I want to explain what inflation is and how it works in very simple way so everybody with any amount of knowledge understands it and uses it in his/her advantage.
A little on history of inflation
in the old days, before we have Federal reserve (FED) or any central banks, the price of the goods and services was determined by the supply and demand in the market. Though in short periods of time, kings
There are many books on personal finance today that explain and promise to show you how to get rich through spending less, saving more, investing and …. . But perhaps none said it better than a book published in 1937. Napoleon Hill, who lived through Great Depression and was an author and former advisor to President Franklin D. Roosevelt, interviewed “more than five hundred of the most successful men this country has ever known” to figure out the key to their good fortune. Andrew Carnegie was the man who advised Napoleon on finding the secret to success and teach it to people. The first draft of the book was 6 volumes and about thousand pages which was very hard for many to read all of it. So, he wrapped all of his insights in a 200-page package and published “Think and Grow Rich,” which went on to become one of the
If you want to know how money is created or why rich get richer and poor get poorer, I explain everything about Financial Literacy and Money Creation in these series of posts. Please read all of them to grasp the idea of how monetary system of the world works. . Welcome to the second part of Financial Literacy series ( read the first part here). This part is about Central Banks and Specially Federal Reserve Bank of America, how they came to existence, who started them and what they did.
Money of The New Age ( Continued from the
I was reading “Think and Grow Rich” by Napoleon Hill. Beside the all great points and secrets he mentions about successful people, he summarises the all secrets into three main ones: . 1. #Definitness of #purpose . Consider you go to your bank and tell the bank teller and ask her to give you a lot of money. She asks you with surprise: how much do you want? And you say a lot, the more the better… You can’t expect to get anything from the bank if you can’t fix your mind on a figure. How Much? Life and universe work in the same way. There are lots of people who want many things including a lot of money, but if you ask them how much do you want? They can’t give you an exact figure.
I firmly believe that mastering the Art Of Selling is the ultimate power that we, Entrepreneurs, Must learn and master. When I found out that I need this skill and I knew nothing about it, I started searching to find good sources and materials to learn this skill. Tom Hopkins is one of the best sales people who is master of selling in real estate field. He teaches sales as a true art and believes that talking is one thing and selling is something else. So, according to him, anybody can be a salesman if he learns what to say and what not to say. I summarize what I’ve learned from him up to now and introduce some of his books and training courses so if you like you can start investing in yourself and learn this art from the best master. .
Mastering the Art of Selling Anything
If you want to know how money is created or why rich get richer and poor get poorer, I explain everything about Financial Literacy and Money Creation in these series of posts. Please read all of them to grasp the idea of how monetary system of the world works.
I believe if one can not understand what money is and what power it has, he can not use the true power of it and eventually he will fail. When I understood this, I started my research to find out the true meaning of money. So far, I’ve read many books and articles and websites about it until I found out what money is, how it came to existence and what will happen to it in the near future. I list some of the best books I have read here as resources so any of you want to read