No one knows what to do with your money better than you do. No one has more at heart your money than you do.
That’s why you need to become a master at managing your money. It is most definitely a skill you should spend a lot of time on mastering. Why? Because it’ll save you a lot of money throughout your life. Possibly hundreds of thousands of dollars.
90% of the financial advisors in the US are brokers. Like a real estate agent or an insurance agent, they’re paid to sell you financial products in return for a fee.
Now, I am sure most of them are honest people and will do everything to help you. But they also have personal gains from selling you certain types of products. And who knows if they are good for you?
Not only that, the company they work for will charge you fees every year to manage your money. Even if these fees seem low, over a period of decades, the fees become astronomical.
That is why I think it is crucial you learn how to take care of your own money and where to invest it. By doing it yourself, you’ll save a lot of money in fees.
On the other hand, you’ll need to learn a few skills but those will come with experience. These skills will serve you for your lifetime. When you hear people say you should invest in yourself, well learning to manage your money is definitely investing in yourself.
Money is a big part of life and it can be a big source of stress if it’s not taken care of properly.
Investing in your financial education is probably the best advice I can give you. I have read countless books about it. There is always something new to learn.
If you are not into reading, you can take shortcuts by applying for online courses. Those will teach you everything you need to know in a short time. The quicker you learn it, the quicker you can apply it. And always remember that when it comes to money, time is your best friend.
My CREDIT 101 online course is such a great tool. It will teach you quickly how to master credit so you can buy your first house with the smallest interest rate possible, how you can start your real estate portfolio and scale it quickly, and how to travel the world for free using your credit card points.
Sign up today and start taking advantage of all these perks quickly.