In my recent post, I talked about ways to tap into the crypto currency ecosystem and I shared some basic tips on how to do this. I want to seize this opportunity to say don't take this as any form of financial advice. The main purpose is to educate ourselves and share some insight, feel free to do your research, I am not a financial adviser.
Well, the main reason why I decided to put this out is to share some basic tips on how the world is shaping and also broaden our perspective/approach on financial freedom in today’s world.
Well everyone I know wants to live a comfortable life, have the finest of houses own luxurious cars, and travel for vacation. The truth however is that, in our search for material success we tend to loose focus and the road becomes harder by the day, especially in this part of the world where things are so difficult and being able to afford the basic things of life is tough.
The general belief is that, to attain success and live a financially free life we all need a good secular education.
Unfortunately, all that we learn from school is to be skilled in a particular profession and then work for money. school never thought us how to be financially free, how to make money work for us. Hence we end up in what Robert Kiyosaki called the rat race.
The whole system is designed in such a way that we use our time learning a profession, after some years we get certified and then go to the job market and work for a paycheck but the saddest truth is that for most of us the paycheck is not enough.
According to Kiyosaki, he said his poor dad always advises him to have good grades in school so he can work in a good company and earn high.
The system is designed in a way that we work to get paid and when our working days are over our company or the government would take care of us.
In most countries of the world though the above does not work in that same order, for most of these countries, it is our children who we trained in the same system that will end up taking care of us.
Unfortunately, that is how our world is shaped. according to Kiyosaki we humans have a financial genius in us, but the problem is our financial genius is often asleep waiting to be called upon.
when we awake our financial genius our minds are open, well it takes time to develop our financial genius, and the moment it is awakened, we see ways to combat our financial struggle.
There's gold everywhere but the problem is that not everyone is trained to see it. so we need to train our financial genius. There's a saying which goes ‘ the rich don't work for money’, here are a few steps you can take to help ignite your financial genius
- Find a reason greater than your current reality
- The Power of Choice
- Choose friends carefully
- Master a formula and then learn a new one
- Be Open to Learn
- Pay yourself first / the power of self-discipline
In the book rich dad poor dad the author always referenced how both his rich dad and poor dad view things, he said his poor dad advice would always be - having a good education gives you job security, he also shared a theory which states:
"Workers work hard enough so as not to get fired by their boss, and owners pay just enough so that workers won't quit." That is the logic for me. One thing I can surely tell you is that never seek work to earn, seek work to learn, cause that way you get to achieve one or two thing(s). Another thing is understanding your Income statement. They say the way a person spends determines or tells a lot about that person, understanding your cash flow is key, and also knowing the difference between assets and liability is also key I tell you.
You see in the real world, it's not the smart who get ahead, but the bold. Be bold enough to tackle your financial situation with your financial genius.
They're things you need to prioritize when trying to attain financial freedom which is minding one's business, the rich focus on their asset columns while everyone else focuses on their income statements.
While the middle-class struggle is basically because they find themselves in a constant state of financial struggle according to Kiyosaki. Their primary income comes from their salary, their expenses go higher when they get a raise. you see as humans when we have extra cash or get a raise, our mind pops up with something we've been longing to buy e.g a car, a dress e.t.c.
Well the whole idea of putting up this blog post is to ignite you to work on your financial genius and tap into the ecosystem find a gold mine and invest in it, might take your time to find one but trust me they're gold everywhere you look, You just have to strategize on how to go about it. Cause it's not all about how much money you make but it boils down to how much money you keep.
The rich dad poor dad author said the rich know that money is an illusion, truly like the carrot for the donkey. It's only out of fear and greed that the illusion of money is held together by billions of people who believe that money is real. It's not.
Money is made up. It is only because of the illusion of confidence and the ignorance of the masses that this house of cards stands(Robert Kiyosaki).
I know they're a lot of critics out there who always have an opinion on why some certain things won't work and even sometimes crash, the wise thing to do is to pay attention to the critics you would learn one or two points from them that will possibly impact your own ideas. Criticism is not always bad.
The fear of being without money motivates us to work hard, and then once we get that paycheck, greed or desire sets in, thinking about all the wonderful things money can buy.
Disclaimer: The blog post is only intended on awakening one's financial intelligence, It doesn't criticize education in any form.