Article #12 Afraid Of Spending Money On Schemes & Ideas That Don't Work?
Then it is time to educate yourself about your money. The economy is already plunging into more debt than we can handle as Americans. And there is more junk on the news and Internet with people pushing their product or service down our throats. It is very easy to get confused about the schemes on the Internet. So don’t spend your money on the lofty ideas of others that may or may not work. Do your due diligence and research those companies before you spend your money. A great resource is a book by Robert T. Kiyosaki called ‘Increase Your Financial IQ’. In this book, Mr. Kiyosaki tells you how to get smarter with your money. He teaches you about making more money, protecting your money and leveraging your money. According to the book, “Many of our global economic problems started in 1971 when President Nixon took the U.S. off the gold standard. Throughout history, when a government went off the gold standard, an age of turbulence began.” So that means if our money is not backed by gold it is worth nothing more than a piece of paper as an IOU. The book goes on to say, “Gold and Silver: Money made by God. The U.S. Dollar, yen, and Euro are examples of man-made money. When man-made money replaces real money, turbulence always follows. In turbulent times, your Financial IQ is more valuable than gold.” You must know why the banks are stealing your money. You must realize the home you are living in is not an asset. And that investing in the stock market is more risky than investing in real estate. We need to get wise about our money to avoid spending it on schemes and ideas that don’t work. That requires increasing your Financial IQ. This book is a great place to start and also Rich Dads’ Prophecy for your next step. We don’t want to let the government to tell us how to spend the money we earn. And we don’t want to just hand it over to them thinking they will take care of us. They are not going to so it’s up to us to take control of our money. Starting today. God Bless.