The Tenets Of Financial Literacy

The Tenets Of Financial Literacy

At the turn of​ the millennium, more people are starting to​ realize that the world is​ wealthy. The power of​ today’s system allows one to​ find ways to​ achieve financial freedom without the critical essence of​ hard work. With smart work, there is​ a​ different sense and approach to​ life.

Sadly, the current educational system is​ left with classical teaching. Most of​ the things that we learn in​ college refine us to​ work hard and work for money. With the number of​ new degrees and graduates cropping up, most of​ them still get stuck with 20th century thinking. Thus, people who seek financial literacy in​ the 21st century know what the trends are and act on it​ with a​ positive mindset.

The Scope of​ Literacy and Financial Literacy

As a​ standard, literacy is​ defined as​ the ability to​ read and write. Taking a​ step further, functional literacy is​ the term used to​ describe students with the ability to​ use their reading and writing abilities in​ a​ functional way. as​ a​ basic concept, literacy is​ learning what everyone should learn.

Financial literacy is​ therefore the ability of​ people to​ acquire knowledge when it​ comes to​ basic financial strategies and information. a​ good 90% of​ investors will tell you that they wish they knew more about the intricacies of​ finances and investments. Financial literacy is​ not so common after all. With 21st century education, financial reading and financial writing can be used to​ achieve financial freedom. Financial literacy should not be a​ far flung concept for people at​ this age.

In his best selling book “What I Didn’t Learn in​ School but I Wish I Had”, author Jamie McIntyre talks about the relevance of​ financial literacy and 21st century education. From the title of​ his book, he openly tells us that we are not learning what could have been general information for success. The traditional view forces most people to​ follow a​ structure and be included in​ a​ system where the haves control the world and the have-nots pay the bills.

Being financially literate means knowing the different pitfalls and mistakes of​ the traditional mindset. as​ a​ self-made millionaire, Jamie McIntyre communicates that being a​ financial success is​ doing the opposite of​ what other have been doing for so long. By being financially literate, we can find reasons why people fail and find ways to​ avoid these reasons.

Financial literacy transcends the basic read-write philosophy. By having a​ different approach or​ perspective to​ one’s life, financial literacy can be applied to​ develop different financial strategies with the hope of​ achieving financial freedom. By learning the tenets of​ a​ millionaire’s mindset, Jamie McIntyre promises that being financially successful is​ indeed possible.

The millionaire’s mindset is​ a​ paradigm change in​ the way people think. Being a​ student of​ financial literacy will tell us the value and the right attitude towards money. as​ a​ philosophy, we can approach different aspects of​ our lives and see things differently. The change in​ perspective will allow us to​ be more effective and influential individuals because of​ our personal success.

The relevance of​ financial literacy cannot be understated during these times. The message is​ clear: financial freedom is​ a​ shift and freedom knows no limitations. Success should not be governed by your talents, skills, or​ luck. a​ positive mindset is​ the mind of​ people willing to​ act. Being financially literate will teach us to​ find opportunities in​ risks and courage in​ hesitations. Jamie McIntyre and his 21st Century Education is​ indeed the key to​ financial literacy.

To learn more about the relevance of​ financial literacy, subscribe to​ the courses and e-books at​ Wealth Creation Academy. The collection includes a​ free educational DVD and other materials to​ reach your financial potential.

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