Do you feel like you are not able to be financially free? At the end of the month, are you wondering if your month will last longer then your money? Why is it that statistically, only 5% of people will be financially wealthy when they retire at age 65? Is it because there is not enough money in the world for everyone?
Lots of questions but are there any answers? (Another question). Fortunately, yes there are answers. The answers are not necessarily that hard to come by and they may stretch you imagination. Most people, and you may be one of them, feel that being financially free will not be available to them or they will be only when they retire. Have you looked at the people who are retiring right now and seeing what they are doing? The majority seem to be needing to find a second income to supplement their retirement. Due to many factors including inflation, their money does not go as far as it use to. That is why about 90% of those reaching retirement are dependent on the government or on family or friends to help them out or are not able to afford to retire. In countries where people are "free" to do what they want, most people should be able to be financially free even before retirement comes but most are not!
Again I ask, "why is this?" The answer all boils down to education. Now I am not necessarily talking about "school" education. Our school systems have let us and our children down when it come to financial literacy. Almost all we have learned about money is from our parents, and unless you had parents that were well off and taught you about money, then you have had very little exposure to what I am talking about, which is real financial education. Do you know about this thing we call 'money'? Secondly, do you know how to keep it? What is your largest expense by far? Housing? How about taxes! Most people pay over 50% of their earned income as taxes. Are there ways to reduce or possibly eliminate most of the amount of taxes that you pay?
What about debt? Are you way over your head and feeling like you are getting further behind? Are there anyways to reduce or even eliminate some or all of your debt? Sure there are, and I am not talking about getting another JOB. By the way, JOB stands for Just Over Broke and that is where most JOB holders are sitting.
With the proper financial education, a person would be able to better understand what is happening around them. They would be able to make more money then ever before. But the big thing they would learn is how to keep more of the money they did receive, even if it was from a JOB. Many people have learned and benefited from what is available out there. You just need to know what you are looking for.
There is a saying that I have often heard and I am not sure of the original source but it goes something like this: "Think like you always thought, do what you always do, and you will get what you have always gotten".
Elwood Astleford is a lifetime learner ever seeking to increase knowledge. An invaluable source of information can be found using [http://www.lwcpage.com]
Article Source: https://EzineArticles.com/expert/Elwood_Astleford/68294