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Following stagesSo, the first stage has begun with the elementary drawings and several years of regular repetition and fastening passed. To this day many people assert that their house is active capital investments. Should tell that at certain level of financial sophistication it is possible to agree with it. But if the intelligence is an ability to spend more subtle differences for everyone who wishes to become rich, vital the nobility the most thin nuances, concerning financial reports, and to see where the monetary stream goes. I consider that one of the reasons on which only one person from hundred becomes rich by sixty five years, consists that differences between actives and passives do not understand the majority of people. People spend all forces for being kept at job, and buy passives which consider as actives.
If your children too start to buy passives and to consider as their actives, most likely, they will not manage to leave job by thirty years. If and further they persistently buy passives, including their actives it is quite possible that they will work all life, but and will not move ahead in the financial plan irrespective of, at what school studied what received marks, how much worked hard and how much earned. That is why bases of financial literacy have so great value. Simple knowledge of such elementary things as a difference between actives and passives, it is possible to compare to the stone thrown in a pond. Circles from it will disperse all further and further it to the end of a life of your child.
I dissuade nobody from purchase of the house and I do not force to redeem mortgages on the real estate. I only wish to tell that to become rich, the financial intelligence, that is ability to spend more subtle differences in comparison with people of average abilities is necessary. If you wish to develop this quality in yourselves, read other my books in which the sufficient attention is paid to a subject of financial literacy:
- itThe rich daddy, the poor daddyit; - itKvadrant of a monetary streamit; - itA management on investmentit; - itCouncils how to become richit (the electronic book).
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