Educate yourself about personal finance from "summary" of The Simple Path to Wealth by Jl Collins
To succeed with money, you must educate yourself. This is a profound and simple truth. Yet, many people ignore it. They spend more time researching their next vacation than they do learning about personal finance. They leave their financial future in the hands of others - professionals who may not have their best interests at heart. This is a dangerous game to play. Understanding personal finance is not rocket science. It is not complicated. It is a series of simple concepts that, when applied consistently over time, lead to financial independence. But you must take the time to learn these concepts. You must commit to educating yourself. Start by reading books and blogs on personal finance. Listen to podcasts and watch videos. Attend workshops and seminars. Surround yourself with people who are financially savvy. Ask questions. Challenge assumptions. Test theories. Experiment with different strategies. Learn from both successes and failures. As you educate yourself, you will gain confidence. You will begin to see that personal finance is not a mystery. It is a puzzle that can be solved. And you have the power to solve it. You have the ability to take control of your financial future. So, don't be passive when it comes to money. Don't leave it to chance. Take charge. Educate yourself. Arm yourself with knowledge. Equip yourself with tools. And then, put that knowledge and those tools to work. Build a solid financial foundation. Create a plan. Stick to it. And watch as your wealth grows and your worries fade away.
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