Winners take CONTROL
Saturday, February 20, 2010
Why does most of the people think that investing is risky? Mainly because they have no power of control on it. As if driving a car, you need:
1. Steering wheel
2. Brakes
3. Gas pedal
4. Gear shift
5. Driver's license
6. Insurance
Ask yourself, would you drive a car without a steering wheel? It's definitely risky without it as you wouldn't have control on the car itself. Same thing happens to entrepreneurs & real estate investors, you need to be in control in:
1. Income
2. Expense
3. Asset
4. Liability
5. Management
6. Insurance
Financial education will give you the knowledge of controlling these 6 factors. The more financially educated you become, the more control you have!
Source: Why We Want You to Be Rich: Two Men - One Message
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