Financial Education; what we have been missing

I have been training myself lately to delve into so many things especially when it has to do with wealth creation. The one big thing I have found out is that wealth is not acquired on the spot just like going to a restaurant to order food without prior information. I have found out that wealth is built and this process must be followed systematically and intentionally for one to achieve desired success. Most times we think that by the time we get a job after school and work for ten to fifteen years we would become wealthy. This is the hidden truth that the wealthy has hidden from every one of us this is their code of maintaining their social status. You cannot believe that just hope on that monthly salary as a means of becoming wealthy unless you understand the concept of investing your salary into other areas of business for future purposes. I have taken my time to study some of our local acclaimed wealthy men and women in my country. I found out that they all did one thing different from what most of us have been doing. The question to ask is; what have they been doing differently? In other to answer this question, I will like to state clearly that this post was inspired by a YouTube video I watched which was presented by Reno Omokri one of Nigeria’s political and human rights activists. I will urge you to subscribe to his YouTube channel.

In his video, he talked about seven ways by which one can become wealthy. Mind you, these are ways you must commit to intentionally if you wish to grow your income to the level of becoming wealthy. I will not go too deep into the seven points rather I will outline them and urge you to click on the video to learn ways you can solidify your income. One great danger a lot of us face as bloggers is that we end up not engaging our income in a bid to grow it. it is not a crime to invest whatever you earn from writing into crypto but you have heard that one should not put all his eggs in one basket. This means that we must try our best to seek out other viable means of growing our wealth gradually and steadily.

1.     Real Estate Investment Trusts (REIT)

2.     Gold Exchange Traded Fund (GOLD ETF)

3.     S & P 500 Index Fund

4.     Cryptocurrency

5.     Airbnb

6.     Investing in Mutual Funds

7.     Monetized YouTube.

I have done my part by bringing this to your knowledge now it is left for you to key into some of them or all of them if you can do so. As I said, I will not go into discussing these seven ways because I would want you to watch the video yourself to hear from the horse’s mouth. Whatever you do in life, you must understand that information is what rules the world and with the proper information, you will hit your first billion either in dollars or your local fiat. See you at the top. Thank you and I hope you have subscribed to his channel.