Most people don't know enough about money.
A recent Ph.D told
me his story: "Daniel, I'm 30 and I've been going to school for 25 years
total. I never learned about money until I had to pay my debt. With my
combined college and credit card debts, I'm paying a little over $2,000
per month. I thought my college degree would get me out of the rat race.
Sure, I have a $100,000 per year job, but how can I ever have financial
Imagine that: A Ph.D cannot enjoy his money until he
pays his debts off by age 35! Most of the times, we never really learn
any practical tips about money from society. Our parents, teachers, and
bosses have failed to teach us these basic precepts that we need to live
a successful life. We end up getting stuck with our money, guessing our
way through our financial debacles.
On television, the pundits
show the stock markets. They float around unfamiliar terms that the
majority of people would never bother understanding. Other times, we
hear about retirement plans, which means nothing to the average
millennial. Becoming rich seems to be an impossibility because there
are no practical teachings in our educational systems.
we do is understand how our personal finances really work, but we cannot
do it by evading the entire topic. Obviously, there's a deep need for
educational reform in this area. If you're looking to learn more about
personal finances, here are the 5 secrets most people don't know about
1. Parents Teach Money Values
of our financial behaviors start with our parents. Several months ago, I
was shopping for a laptop. My father's voice came into my head: "Son,
don't get the warranty. It's a waste of money since you won't need it.
They're just trying to up-sell you." Of course, I didn't get the
warranty because I believed my dad's voice.
Almost every material
possession that you buy tends to go through the "parent's
approval" process. Most people do not purchase certain goods and
services simply because they know their parents would never approve of
it. However, this way of thinking can often become detrimental if it
stops you from learning the truth about money.
Most of our
parent's have taught us to "play it safe." They tell us to go to school
and get a job. First-generation children have an extremely hard time
with their parents because of this. I personally receive many letters
from young adults who claim that their parents would throw
a dysfunctional fit if they didn't receive their college degree. All of
this results in a false obligation to please their parents.
2. College Isn't the Answer
average college student graduates at 22, but works to pay off college
loan at nearly $300 per month for approximately 20 years. As they
approach their debt-free days, usually in their 40's, their desires for
the "good life" has become so strong that they usually squander the
extra money they have by indulging on extra expenditures for themselves
and their families.
By the time they reach their mid-40's, they
fall into a mid-life crisis. At this point, they've realized that all
they've worked for is money. Yes, while some people attend school to
gain knowledge and credentials, some simply go because of the "love of
money." Because of this, some of them fall into a nervous breakdown,
which may either lead to constructive or destructive behaviors.
I have never let schooling get in the way of my education. - Mark Twain
way, college isn't the answer to financial freedom. It usually leaves
you poor. Most people end up learning irrelevant information and
unusable skills. You're better off reading dozens of books, attending
conferences, and hiring a life or business coach, which would cost you a fraction of the amount of school. Plus, you'll learn far more about money by owning your education.
3. Get Rid of the 'Someday Mentality'
people have the "Someday Mentality." This is when they see a nice home
and they say, "Someday, I'll be able to afford that home." With this
mindset, you've separated yourself emotionally from owning that home,
which means that you have assumed that your self-esteem is not there
Instead, you should say, "That home is mine right now and
I'll do whatever it takes to get it." This attitude reflects your belief
that the house (or one like it) is yours for the taking. Once affirmed
in your mind, all of your actions will lead you obtaining your desire,
if wished upon strongly enough.
Moreover, many people wait for
external circumstances to occur before they take action: tax checks,
children's graduations, end of car payments, etc. This habit of waiting
for "someday" limits you substantially and keeps you from the ultimate
good that has your name written all over it. Assume that you have all
things now and you'll have it sooner than you think!
4. Wealth Is a Choice
your choice to be wealthy. No one can make that choice for you.
However, most people have never made this decision -- simply because
they don't know that they can. The easiest way to decide is to accept
that you want a certain lifestyle. Once you do that, you must develop
goals, which should also outline a plan-of-action for its attainment.
people cannot make a choice about wealth because they are caught up in
their addictive behaviors. They end up wasting time and money by
excessively pursuing unworthy endeavors: drugs, sex, gambling,
oversleeping, entertainment, and other deleterious behaviors. These
addictions cloud your mind and prohibit clear thinking.
of wealth cannot be avoided. Those who do not make the choice will be
confused for the rest of their lives. Unfortunately, most people have
taken the vow of poverty (unknowingly), but they've still made the
choice. By making a choice of wealth, you'll only pursue wealthy and
profitable activities, thereby reducing and
eliminating unprofitable ones.
5. Avoid Erroneous Thinkers
people have erroneous beliefs about money. There are many false
teachers who have taught that having money is not good, leaving many
people to feel guilty about becoming wealthy. These instigators jump to
conclusions and assume that nearly ALL rich people are bad.
they see people with money, they say that something must be "lacking" in
their lives, since having so much money seems too good to be true.
However, you should never be discouraged by having money. Money is good
and anyone telling you that you shouldn't have it probably doesn't have
Many times, you can end up doing more good for
society by having it, also making more friends in the process. Money
allows you to become more of who you are, fulfilling your life's
purpose. Instead of conforming to the habits, behaviors, and
philosophies of other people, seek a new direction by befriending
those who understands what wealth is all about.
pursue a prosperous life, learn about your attitudes and behaviors
regarding money. Oftentimes, you'll be able to catch yourself and make
the necessary adjustments. Eventually, you'll become wealthier because
you've studied and applied the truths to enhance your relationship with
money. When you do, send me a note. I'd love to hear your story.
Facebook fan pages are becoming most common nowadays with the users but the problem they face after getting 200 likes, Facebook doesn’t allows to change the fan page name due to some reasons. If you are facing the same problem then this article could be a gift for you because here I’m going to explain you a simple Facebook trick by which the page name of any Facebook can be changes several times as you wish even after getting 200+ likes on it.
Facebook pages are simple to create but still if you aren’t aware of creating a Facebook page there are many articles that could provide you sufficient information. Whatever the page might be for example Business, Website or Institutions this trick can be applied to immediately change the previous page name.
Steps to Change Facebook Fan Page Name after 200+ Likes
Follow the steps in the given order or else it won’t work and you might end up in screwing up your valuable Facebook fan Page. For your better understanding I have added the screensh…
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Odunlade Adekola, Tayo Sobola get cozy on set. The two are among actors on the set of a new Yoruba movie. Photo: Instagram - ‘Kamo Ijogban’ THROWBACK Pics Nollywood stars, Odunlade Adekola, Mide Funmi Martins and Tayo Sobola aka Sotayo are currently busy on the set of an upcoming Yoruba movie titled Kamo Ijogban.
Produced and directed by Afeez Owoh, the forthcoming movie also features popular comic actors, Omotayo ‘Ijebu’ Omokade and Tunde Usman aka Okele among others.
Below are photos from the set…