Why Schools Don’t Teach Financial Education?

-

By Miguel Dos Anjos


We spend 13 to 25 years in school, and why is it that in no point we are taught Financial Education? We are told and taught that we need to get degrees, and study so we can get a high paying job but at no point it is explained to us how to manage our finances. They never taught us what are good financial practices? What are bad financial practices? Or how to go about it. So even the most successful people among us, that get the highest paying jobs, still financially struggle. And only the top 1% of the population develop Financial Intelligence and manage to get way further ahead and stay there permanently.


How Many Years in School?!


At age 5 we go to kindergarten, and some of us even earlier than that go to pre-k, and school starts teaching us. From Kindergarten to High School senior year is 13 years. If we get a Bachelors, add another 4 years so we now have 17 years of school. If you choose certain fields that requires longer time, such as medical, add another 4 years, which equals now to 21 years. Some people may even choose double majors, and minors. If you would like a Master’s degree, and/or a PHD add around another 4 to 6 years or so. Now we are looking at 27 years in school.


No One Can Take It from You


           School is great. What you learn is an investment that you do in your own self. This is an asset that is very hard or impossible for anyone to steal or take from you.

           More you feed your mind, and enable your brain more it can produce. Starving it from learning, and growing can only lead to rusting the mind, and brain. But, in no way the most expensive schools, or any school, is the ONLY way for you to learn and improve knowledge and brain power. There are many different types of intelligence and ways to learn, and grow our skills.

           Society keeps flashing on our faces nicer houses for us to live in, newer cars, and newer, better everything, every day. No matter how much you have; we never have enough money to get it all and keep up.   


          The Truth

           I do not know if school does not teach Financial Education because they do not know themselves. Or if they start teaching us how to use our capital in the best way possible to our own benefit people will stop paying $30k to $50k a year to college? Or could it be that if everyone saved an emergency fund, and stopped maxing their credit cards; the economy would collapse? Therefore, the struggle, and stress people suffer, and go through is a sacrifice people make to keep the 1% on the top?

It is entirely up to us to learn Financial Intelligence, stop our struggle and move up the ladder. 


Financial Intelligence


            Just recently a new term called “Financial Intelligence” has emerged. In the business world it involves understanding how money is used, and how to develop accounting, and finance knowledge, and skills.

A financial intelligence foundation will understand assets, liabilities, and financial measurements such as; profit, cash, income, balance sheet and cash flow. Finance and accounting are a science, and an art. Understanding how it works allows estimations, assumptions, and how applying different numbers results in different conclusions. Understanding the numbers in great depths improves ROI (Return on Investment). And finally Financial Intelligence allows being able to see the bigger picture, understand the current economy, and technologies.

Reading only is not enough to learn Financial Intelligence. Hands on, practice, and real world application are required. 

On this new series on the blog we will cover Financial Intelligence aspects. What it is. What is does, and how we can use it, and improve our lives. If you can spend 17 to 27 years studying to make the most amount of money in a job, trading time for money; "You might want to spend a little time learning skills that can put you financially ahead."  

I am not a financial adviser, and I do not know your specific situation. But I am sharing with you what I do, and what I came to realize. Take in consideration all aspects of your specific situation.

It is up to you to learn, and take action today, and end up with the top 10%. 


Leave your comments and opinions down below!

Check my YouTube channel with more videos on this topic here: Make/Save/Invest

Get my new book here: Making Money While Sleeping 

Check my other posts here: AllPosts   

Thanks for sticking until the end!

Comments

Post a Comment

Popular posts from this blog

Make/Save/Invest - Intro

-
Image
By Miguel Dos Anjos  Who Am I?                 Hello everyone!                 My name’s Miguel Dos Anjos. For a few years now; there has been concerns, that there will not be a social security for people in my generation. I’m 34 years old and as we have seen, the retirement age has been pushed further down and by the time it is our time to collect, it will most likely be pushed even further down.                 Believe me, there is nothing wrong with that. In fact, that, is the only way we could even be able to have some sort of social security in the future since the nation’s debt keep rising and people keep living longer.                 As long as we plan ahead, our future will be great! Why Was This Blog Created?                 The reason I am creating this blog is to develop a platform where we can come together.   I will be uploading ideas into how to prepare for a rainy day and/or even plan an early retirement.             The secret to financial peace of
Read more

The 15 Strategies of Debt Free People

-
Image
By Miguel Dos Anjos                 You cannot save, or invest heavily while stuck in debt. The reason for this is that sitting on large amounts of cash make no sense if credit cards, and loans end up snow balling with interests making your debt bigger, and bigger. Even investing, in an investment account, or a retirement account most often is not worth, because the return collected is still smaller than the interest collected from you by bank loans, or credit cards. Here we’ll go over 15 characteristics that debt free people follow: 1. They become aware: They calculate, and know where their debt is coming from, how much it is, and set up a game plan to tackle it. 2. They come out of the “Debt Culture”:  Now a days people believe that debt is unavoidable to have a normal life, since education, car payments, and the cost of living are so high. But, in reality there are multiple options out there: - People who are smart in High School, or play sports take advantage of
Read more

Why the Rich Invest Their Money?

-
Image
By Miguel Dos Anjos They Grow Their Money                 The only way to meaningfully grow money is by investing. And that is exactly what the rich, and the super-rich do. They don’t just invest, but invest wisely on what they know, and understand. By investing on things they are knowledgeable about allows them bigger chances for higher returns, and removes the gambling feeling out of the equation. Nobody can fully predict the future, but by staying informed if an event happens that changes their investment growth, they still know how to behave. Let’s say in the case of stocks, if a lawsuit, or momentarily scandal happens, that stock may drop heavily, and most people will sale lots, or all, and fast. As this happens the rich, and prepared know, or intelligently decide if it is time to sell, or time to buy more, because they can see that the event will pass, and the stock price will reach once again its original value. Get Higher Returns                 Timing the market
Read more

How to: Open Webull Account | Investing Account

-
Image
By Miguel Dos Anjos How to Open Webull investing account: Webull is an investing platform that provides free stocks and ETFs trading. Some of the questions and steps are similar, or the same no matter which platform you are opening an investing account with.   Disclaimer: I am not a financial adviser. This is not financial advice. I am just sharing with you what I did and my experience doing it. Take in consideration your specific situation. Do your diligent research and consult a financial adviser before making life changing financial decisions. To start just click my link: Open Webull account . You can also go to Webull.com or use somebody else’s link, but if you click my link you will get 2 free stocks and I get 1 free stock.   You will get a free stock between $2.50 and $250 when you open the account. And you get a free stock between $12 and $1400 when you fund your account with $100. I started a limited partnership with Webull. They provided me the promotional li
Read more

Eliminate Debt in 4 Steps

-
Image
By Miguel Dos Anjos  1- Write on a piece of paper all your expenses:                 On the road to financial freedom the first step is to get rid of all your debt, not including good debts, like a house that you might own, and have tenants paying off the mortgage for you.                 You need to know who you own, how much you own them, and what the interest being collected off of you is. Add up all the expenses and all the money coming in. As long as the amount of money coming in is greater than your expenses amount, eliminating your debt is doable, otherwise you must find a way to cut expenses or increase your income. 2- Develop a plan:                 Great, now being aware of the numbers there two strategies to choose from. 1 – Pay the highest interest debts first. This is the most effective strategy, because, that is the debt that can snowball worse. 2 – Option number 2 is to pay the smallest debts first, that way getting an accomplishment happines
Read more

Click to get my NEW book:

Click to get my NEW book:

Click to get my book:

Click to get my book:

Popular posts from this blog

How I Invested $2k During the Pandemic!!

-
Image
By Miguel Dos Anjos I invested $2k!! This is during a pandemic if you’re not losing money and keeping what you have; it’s already a good day!! Getting almost 10% profit in a little over a month is a divine blessing!! How I invested I invested this whole $2k in stocks!! 80% in four companies!! And the remaining 20% I split into smaller positions into 5 other different companies!! All these companies are pandemic proof!! So they do well with pandemic or not!! Actually some of them profit from the conditions we are living in today!!   M1Finance Platform  I used an investing platform called M1Finance !! It supports fractional shares!! It was extremely useful!! It allows flexibility because some of these companies, even to get a single share is so expensive!! I don’t work for M1Finance and sadly they don’t pay me to say this!! I just like and use their platform!! If you’d like to open this same account I use; feel free to use my link !! You can use somebody else’s link or go dir
Read more

Why the Rich have Multiple Income Sources

-
Image
By Miguel Dos Anjos Most People have One Source of Income                 Most people have one source of income, and that is their 9 – 5 job. And so; most people are broke, and poor. While not most top, rich people, but ALL people on the top have at least 7 income sources. A job is great, important, and there is nothing wrong with it. It will provide food, and shelter, but in order to catapult forward financially a job has to be used as a gate way, or a bridge into becoming and, being rich.  Scalability    A barber for example may rent a chair in a hair salon; pay $40 a day for that chair, cut 5 to 8 hairs in the day, and get paid around $150 a day, which after paying the $40 chair rental, $110 is profit. This is ok for the barber, he, or she has no worries, regarding the building, or dealing with lots of money, but that is it. He worked all day, the only way for him to make more money is getting richer customers, and maybe double charge them, and then he may make $2
Read more

Eliminate Debt in 4 Steps

-
Image
By Miguel Dos Anjos  1- Write on a piece of paper all your expenses:                 On the road to financial freedom the first step is to get rid of all your debt, not including good debts, like a house that you might own, and have tenants paying off the mortgage for you.                 You need to know who you own, how much you own them, and what the interest being collected off of you is. Add up all the expenses and all the money coming in. As long as the amount of money coming in is greater than your expenses amount, eliminating your debt is doable, otherwise you must find a way to cut expenses or increase your income. 2- Develop a plan:                 Great, now being aware of the numbers there two strategies to choose from. 1 – Pay the highest interest debts first. This is the most effective strategy, because, that is the debt that can snowball worse. 2 – Option number 2 is to pay the smallest debts first, that way getting an accomplishment happines
Read more

Make/Save/Invest - Intro

-
Image
By Miguel Dos Anjos  Who Am I?                 Hello everyone!                 My name’s Miguel Dos Anjos. For a few years now; there has been concerns, that there will not be a social security for people in my generation. I’m 34 years old and as we have seen, the retirement age has been pushed further down and by the time it is our time to collect, it will most likely be pushed even further down.                 Believe me, there is nothing wrong with that. In fact, that, is the only way we could even be able to have some sort of social security in the future since the nation’s debt keep rising and people keep living longer.                 As long as we plan ahead, our future will be great! Why Was This Blog Created?                 The reason I am creating this blog is to develop a platform where we can come together.   I will be uploading ideas into how to prepare for a rainy day and/or even plan an early retirement.             The secret to financial peace of
Read more

Online Course or Guide

-
Image
By Miguel Dos Anjos                   Making money with online course is a field that’s growing more, and more every year. First you will need to come up with a course idea, then develop the course content, and finally promote, and sell your course.             Profitability                  The most profitable online courses make up to $75k a year, and even $1M a year. But making $500, or $1k a month is a meaningful income for most people. You will need to develop the course once, but you will get paid by every new student that buys your course.                 If you are a great teacher of a foreign language, or know gardening, or have stock market knowledge, or anything you are an expert at; you can teach that, and develop your course. In case you are not an expert in anything, or at least anything that there will be an audience willing to buy, another option is to learn as you go using research, and studying to develop your course. Pick a course topic that interest
Read more

Subscribe here to get new posts:

Visit me on YouTube:

Visit me on YouTube:

Follow:

Total Pageviews