Article # 12
It is time to educate yourself about your money. The economy is already plunging into more debt than we can handle as Americans. And there is more junk on the news and Internet with people pushing their product or service down our throats. It is very easy to get confused about the schemes on the Internet. So do not spend your money on the lofty ideas of others that may or may not work. Do your due diligence and research those companies before you spend your money.
A great resource is a book by Robert T. Kiyosaki called 'Increase Your Financial IQ'. In this book, Mr. Kiyosaki tells you how to get smarter with your money. He teaches you about making more money, protecting your money and leveraging your money. According to the book, "Many of our global economic problems started in 1971 when President Nixon took the US off the gold standard. Through history, when a government went off the gold standard, an age of turbulence began." So that means if our money is not backed by gold it is worth nothing more than a piece of paper as an IOU. The book goes on to say, "Gold and Silver: Money made by God.
The US Dollar, yen, and Euro are examples of man-made money. When man-made money returns real money, turbulence always follows. In turbulent times, your financial IQ is more valuable than gold. "You must know why the banks are stealing your money. You must realize the home you are living in is not an asset. investing in real estate. We need to get wise about our money to avoid spending it on schemes and ideas that do not work. That requires increasing your Financial IQ. next step. We do not want to let the government tell us how we spend the money we earn. it's up to us to take control of our money.