When beginning your quest to financial freedom, education and knowledge still stand as the most important part of your journey. There are many books out there which will help you learn how to invest money, or leverage your assets. The most important part of each book is not the content directly but the ideas it creates and the actions you take to apply them. Among my personal favourites book list are:
Rich Dad, Poor Dad – Robert Kiyosaki
Cash Flow Quadrant – Robert Kiyosaki
Escaping the Middle Class – Doug Anderson
4 Hour Work Week – Timothy Ferris
I have read many books in the past few years, but these books do stand out and have taught me priceless lessons in how to invest money, how to manage my finances, how to save on taxes, how to operate a business, and how to set financial goals. You will find many lessons in these books to crossover, as with most industries, and the more you are able to connect, the more effective you’ll probably become as your own financial planner.
There is an infinate number of seminars that promise results, claiming you can learn how to invest and make money easily with their system. How do know which works and which doesn’t? The truth is you can’t usually know until you try. As with everything else, if you want to learn how to invest money, you have to treat education as an investment as well. You have to spend time and money if you want a successful financial future.
Losses are normal and you will have to take some hits here and there with bad courses, and bad deals. learn what made them bad, see where you made the mistake, and know how not to make that mistake again.
A few points on what to look for in seminar:
1. Do a google search and try and dig up some information on the company sponsoring the event and the speaker(s) presenting.
2. Do some background research and learn a bit about the topics before walking into the presentation.
3. Ask people about the seminar. Someone will know someone who’s attended that seminar in the past. Ask what they think.
Financial freedom is only a dream to many. If you break down your financial goals, and educate yourself, you’ll slowly realize that there are options wherever you are, despite your age, your credit and your savings. Just remember, your biggest hurdle is within yourself. You have to find your passion to drive and succeed. Take the initiative and educate yourself.
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