Finances & Investments it's such a massive topic, I was trying to make a clear structured plan and almost wrote a book! I definitely need an editor to help me with formating my topics, to separate them into smaller parts for Instagram posts.
Let's begin with 7 steps plan "Systematic approach to creating personal wealth"
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► Today I am starting this module. We gonna learn how to go from a little to a lot in a short period of time.
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► We learn our knowledge from study, but mostly we learn from experience. And experience means losing money. You make money, you succeed and you learn, BUT you learn THE MOST from your FAILURES! There are two parts of succeeding when we talk about money - 1) it's succeeding and 2) is avoiding failures at the same time. I am gonna tell a little bit more about failures and how to avoid them. It's not only about EXCITEMENT of making money (creating wealth), it's also the WISDOM of not losing money.
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► There are certain skills that you need to master, it is a foundation for your wealth. The foundation must be deep. The greater the wealth you want — the deeper your foundation needs to be dug.
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► The foundation of personal finance is how to manage the money you bring into your life - we have never been taught how to deal with it. There is no class or teacher who teaches you how to deal with money right, to get rich. Neither the school nor university gives this knowledge because the teachers are employees and they also have never been taught how to: • get wealthy, • manage income, • control costs, • save and invest, • make money grow and work for you, • create multiple streams of income, and the most important - • protect your wealth and • save in for the next generations, they don't have financial plans for their lives etc.
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► Let's save time and millions wasted on failures (lessons) and learn from those who have already went through this and sharing the knowledge – billionaires, successful entrepreneurs, great investors. Everything I tell based on the knowledge I got from my teachers – W. Buffet, R. Kiyosaki, B. Tracy, R. G. Allen, T. Robbins and my own experience, I share only those things, which worked for me.
► The plan is created in pyramid form and consists of a 7 layers. We gonna start moving from the foundation to the top carefully diving into each step for the next few days to make them more clear. Then we move to the more specific topics and tools which would help you to increase your Financial IQ. This are very important basics we need to go through.