Does your school teach you how to achieve financial freedom?

Study hard, get good grades and you will have a bright future! I’m pretty sure many of you have been brainwashed by your teachers with this statement when you were a student. And your perception of a bright future is more likely to become a lawyer, doctor, engineer, businessman. whatever promises a high salary.

Your school helped you achieve your goal. It equipped him with the necessary set of skills to thrive in his trade. But does your school train you on how to manage your finances once your money starts coming in? Does your school tell you that you will stop earning that kind of money once you stop working? Do your teachers lecture on the importance of earning residual income and managing personal debt? Does your school teach you how to achieve financial freedom?

His high-paying profession allows him to live in big houses, drive fast cars, own countless country club memberships, travel annually, buy the things he longed for. But wait! Has the thought of losing your job ever crossed your mind?

The economic bubble burst. Businesses collapse. Your employer’s cash flow statement goes into the red. The directors of the company want to reduce costs. They decide to fire employees who take home big paychecks. You’re one of them. Your world collapses when you were fired.

You suddenly realized that you could no longer maintain your luxurious lifestyle. His elegant house is mortgaged with the local bank. You took a loan for your fast cars. You haven’t paid off your credit card debt. Dig into your savings to appease your creditors for the first few months. But pretty soon, her creditors were knocking on her door every few days and flooding her voicemail with reminders to pay off her debts.

As important as it is to earn a lot of money, managing your finances is essential for you to achieve financial freedom. Once you achieve financial freedom, you can escape the rat race, have more free time to do what you really love, go on vacation as long as you want, and live the lifestyle you want.

Educate yourself to achieve financial freedom. Teach your children the importance of managing their finances as your school probably wouldn’t. There is no shortage of resources for you to learn and teach. Money is a double-edged sword. I could make or break you. But if you could master the skill of managing it, money would be on your side.

Embark on a journey to achieve financial freedom. Educate yourself. Be financially free.