Why Invest in Yourself?

“If a man empties his purse into his head no one can take it away from him. An investment in knowledge always pays the best interest.” Benjamin Franklin.

This is so true and it is something that I am passionate about and something I want help others see.

If you are not investing in yourself, then who is?

I took the opportunity to see Robert Kiyosaki in Auckland recently and a lot of what he talked about was the importance of financial education. And sadly there is very little in the way of financial education in our schools.

Then to take it a step further he spoke of the importance of having a team of people around you that are all experts in certain areas so that you can quickly get advice on whatever you may need to know. Extremely successful people like Robert Kiyosaki all ask you to consider what the qualification of the person giving you financial advice is. When Uncle Jim or the neighbor across the road say don’t buy that investment property or don’t start that business or the share market is too risky, you need to really think about why they are saying that. Do they really know? In a lot of cases they probability know someone that lost money on a property or somebody who started a business and didn’t make it or lost money on the share market. But what knowledge did those people have in the given area? If you ask the people that have made a lot of money in any of those areas they will all tell you that if you have the right knowledge and follow a system then you can do really well.

Part of investing in right knowledge is investing in the tools to give you the right mindset to succeed at whatever you want to succeed at. There are so many wealth creation vehicles out there today. You can simple buy someone else’s proven system if you want to. That isn’t to say it will be plain sailing all the way. Evan with the correct knowledge there are likely to be hurdles along the way. That is where mindset is so important. The difference between the ones that succeed and the ones that fail is generally mindset. The successful ones didn’t give up and found a way over that hurdle. And all too often the ones that failed gave up just before they succeeded because they didn’t have the mindset to get over the last hurdle.

The best thing that you can do for yourself and your family is invest in the knowledge and mindset that is required to succeed. What steps are you taking toward this? If the answers  is none, then when would now be a good time to start?

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