7 Key Reasons Why Your Best Investment Is Financial Education

Isn’t it amazing how the single most important skill that your financial security depends on – financial intelligence – is not taught in any school?

You can graduate from college without any knowledge of accounting. You can become a doctor or attorney in private practice without any clue how to read financial statements. You can become an entrepreneur and not know anything about tax rules.

Our educational system largely ignores the subject of financial literacy and the results prove the seriousness of this shortsightedness…

For Every 100 Workers, By The Time They Reach Age 65

25 are dead
20 have annual incomes less than $6,000
51 have incomes between $6,000 and $35,000
Only 4 have incomes greater than $35,000

Source: American Council of Life Insurance. Nearly identical results from U.S. Dept. Health Education & Welfare

I just added a new article to the Top 50 Articles section of this website where I explain seven reasons why financial education is your best investment. Below is a quick overview of the seven reasons…

Financial education will teach you how to sort all the conflicting investment advice so that you know how to manage your way through a world filled with investment half-truths.
Financial education will help you build a wealth plan custom fitted to your individual needs.
Financial education will help you negotiate the conflicts of interest inherent in investment advice.
Financial education is how you demonstrate self-responsibility for your financial security.
Financial education is how you raise the ceiling on your financial future by raising your financial intelligence.
Financial education is like an annuity – it pays dividends for the rest of your life, and nobody can ever take it from you.
Financial education is the foundation on which true financial independence stands.

The complete article takes each of these bullet points and fully explains the benefit to you and your wealth. It is a “Financial Literacy Manifesto” that encourages you to prioritize your financial education so that it grows at least as fast as your wealth.

The truth is financial education is a long-term approach to wealth that builds success on several levels by growing your knowledge, experience, and portfolio simultaneously so that you can retire early and wealthy with security and peace of mind.

Maybe I’m a little biased since I’m in the financial education business, but I consider an investment in your financial intelligence to be one of the safest and wisest decisions you can make. I’ve walked that talk for three decades and have never regretted the decision. It is the foundation of my wealth plan, and hopefully you will decide to join me on this journey.

So please check out this new article and let me know what you think. I welcome your comments below…