The Three types of Education:
1. Academic or Scholastic Education
2. Professional Education
3. Financial Education
Academic or Scholastic Education is the education that we get from primary to tertiary level like; reading and writing, English, Math, Science, Geometry etc.
Professional Education is the education that we get from our profession like; Doctors, Lawyers, Engineers, Accountants, Web programmers etc.
Financial Education is the education that does not taught in school we learn this by reading business and financial books, by attending business and investments seminars, by playing Cash flow 101 & 202 board game developed by Robert Kiyosaki. It's all about winning the money game.
Financial Education is very important in today's global economic situation where big companies are merging and downsizing. If you are an employee you might be affected by these and If you don't have financial education it is possible that you do not have savings, investments, real estate properties and all you have is debt to pay.
Because students leave school without financial skills, millions of educated people pursue their profession successfully, but later find themselves struggling financially. They work harder, but don't get ahead. What is missing from their education is not how to make money, but how to spend money what to do after you make it. It's called financial aptitude what you do with the money once you make it, how to keep people from taking it from you, how long you keep it, and how hard that money works for you. Most people cannot tell why they struggle financially because they don't understand cash flow. Cash flow is money coming in and money coming out.
"The number one reason most people don't get what they want is because they don't know what they want." - T. HARV EKER
Sunday, July 25, 2010
What types of income do you like?
The three types of income are:
1. Earned Income
2. Portfolio Income
3. Passive Income
Earned Income is the income that comes from your work.
Portfolio Income is the income that comes from paper assets such as stocks, bonds,savings account, time deposits and mutual funds.
Passive Income is the income that comes from real estate, royalty, website, business, investments and network marketing. It is the income that keeps coming in even if you are sleeping.
You can not have Financial Freedom if you don't have this type of income.
Rich people have passive income. If I'm going to ask you What type of income do you like?
If your answer is Passive Income then you are in the right track because in my business community at Create Abundance International Network we are looking for people who are willing to be trained and to train others. We are offering a free WEALTH COURSE this course is composed of four (4) modules, after you take and master this course through a series of under study you are now ready to train other people to be a world class business leaders. We do this training on-line and off-line.
Education is very important to us. Know the three types of education.
1. Earned Income
2. Portfolio Income
3. Passive Income
Earned Income is the income that comes from your work.
Portfolio Income is the income that comes from paper assets such as stocks, bonds,savings account, time deposits and mutual funds.
Passive Income is the income that comes from real estate, royalty, website, business, investments and network marketing. It is the income that keeps coming in even if you are sleeping.
You can not have Financial Freedom if you don't have this type of income.
Rich people have passive income. If I'm going to ask you What type of income do you like?
If your answer is Passive Income then you are in the right track because in my business community at Create Abundance International Network we are looking for people who are willing to be trained and to train others. We are offering a free WEALTH COURSE this course is composed of four (4) modules, after you take and master this course through a series of under study you are now ready to train other people to be a world class business leaders. We do this training on-line and off-line.
Education is very important to us. Know the three types of education.
Saturday, July 24, 2010
What is Financial Freedom?
Financial Freedom - is the ability to live the lifestyle you desire without having to work or relying on anyone else for money.
If you have Financial Freedom you don't have to worry about money anymore. You are free from financial worries. All you have to do is to share your blessings.
Create Abundance in your life. Life is a matter of choice and the choice is yours. At Create Abundance Business Community you can have Financial Freedom and Time Freedom.
If you want to Take Action!. Sign up now to Create Abundance Business Community.
Joel Lagrada
Financial Literacy Advocate/Entrepreneur/Investor
If you have Financial Freedom you don't have to worry about money anymore. You are free from financial worries. All you have to do is to share your blessings.
Create Abundance in your life. Life is a matter of choice and the choice is yours. At Create Abundance Business Community you can have Financial Freedom and Time Freedom.
If you want to Take Action!. Sign up now to Create Abundance Business Community.
Joel Lagrada
Financial Literacy Advocate/Entrepreneur/Investor
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