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Does Your School Teach You How To Achieve Financial Freedom? By Augustine Wu, Sat Dec 10th
Does Your School Teach You How to Achieve Financial Freedom? Study hard, get good grades and you will have a bright future! Iam pretty sure many of you have been brainwashed by yourteachers with this statement when you were students. And yourperception of a bright future is most likely to become a lawyer,doctor, engineer, businessman…. whatever that promises a highsalary. Your school helped you to achieve your goal. It equipped youwith the necessary set of skills to thrive in your trade. Butdoes your school train you how to manage your finances once yourmoney starts rolling in. Does your school tell you that you willstop earning that kind of money once you stop working? Do yourteachers give lectures on the importance of earning residualincome and managing personal debts? Does your school teach youhow to achieve financial freedom?
Your high salary profession enables you to live in big houses,drive fast cars, own countless country club memberships, go onyearly travels, buy the stuff you longed for… But wait! Have thethought of you losing your job ever creeps into your mind? The economic bubble burst. Businesses plummet. Your employmentcompany cash flow statement goes into the red. The directors ofthe company want to cut cost. They decide to layoff employeeswho take home fat paychecks. You are one of them. Your worldcollapses when you were retrenched. You suddenly realized thatyou
could not maintain your lavish lifestyle anymore. Your poshhouse is on mortgage with the local bank. You took a loan foryour fast cars. You haven’t clear your credit card debts. Youdig into your savings to appease your creditors for the firstfew months. But pretty soon, your creditors came knocking onyour house door every few days and flood your voice mail withreminders to pay your debts. As important as it is to earn lots of money, managing yourfinances is paramount to you being able to achieve financialfreedom. Once you obtain financial freedom, you would be able toescape the rat race, have more free time to do what you reallylove, go on vacation as long as you wish and live the lifestyleyou wish! Educate yourself to achieve financial freedom. Teach yourchildren on the importance of managing their finances sincetheir school most probably would not do so. There are noshortages of resources around for you to learn and teach. Moneyis a double edge sword. It could make or break you. But if youcould master the skill of managing it, money would be on yourside. Embark on a journey to achieve financial freedom. Educateyourself. Be financially free. About the author:Augustine is an electrical and computer engineeringundergraduate who has discovered the importance of achievingfinancial freedom and pinpointed that many schools do not teachthis crucial survival skill. He has embarked on a journey to befinancially free and lead a lifestyle he wants. Check out hiswebsite - http://www.i-want-financial-freedom.com
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