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The Fear of Spending Money: The Reason So Many Are NOT RICH!

Society today is, quite frankly, outdated. At least when it comes to money, spending it, saving it, investing it… You see where I’m going with this.

How Society Breaks It Down

Education, education, education. This is where the problem is, not to diminish the value of obtaining a high-level education, but concepts surrounding money are not nearly taught with enough importance. There’s a very real and serious problem here, I would argue that it may be many times more essential to know what to do with your money over knowing how to get a job. It is incredibly important for all of us to understand how to effectively invest our money, because whether we like it or not, money sitting in a bank is, and always will be losing value.

What We Can Do About It

Learn, learn, learn. In reality that’s all there is too it, if we take the time to learn how to efficiently invest both our money and our time, success is surely a step closer. However, this statement is obviously nuanced, as it is not clear as to what exactly we should learn; that’s because it’s not specific in the first place. There are tons of ways to invest money, not just “paper” (Stocks, bonds, mutual funds and other financial instruments). Without a doubt, the absolute, without a shadow of a doubt, most lucrative investment is one done in yourself. Invest in your own knowledge, take the risks you’ve always wanted to. (Of course, be wise)

The reality of the situation is quite sad, the value of financial education is extremely underrated. It is an absolute necessity, and yet, unless you specialize in a finance or business-related field, you will likely never encounter this topic in today’s educational system. Dear reader, I urge you to always take the time and measures to educate yourself about finances, as society won’t go through the trouble.

You’re capable of incredible things, you just have to take the first step.

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