The Price of A Low Financial IQ

in #money7 years ago (edited)

We cannot solve today's complex financial challenges with yesterday's financial
intelligence. If we as a nation attempt to solve Social Security and Medicare
by giving people more entitlement payouts, the golden goose will be cooked
and eaten, and there will be no more golden eggs.



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The reason why I'm stressing on becoming your own boss is because I want people to become rich and solve their own
financial problems rather than expect others to solve their problems for
them. We both agree that by giving people money, we only made the
problem bigger, harder to solve and more dangerous.
Simply said, Ghana is on its way to becoming a well-educated nation
of rich people and poor people. The middle class is becoming extinct. The
problem is our nation is filled with people like my poor dad - a good man,
well-educated, hard-working, yet expecting the government to take care of him when he's retired.


In Sunday School, I was taught:
"Give a person a fish and you feed him for a day. And that is what we
as a nation have been doing. This is the entitlement mentality of
Social Security and Medicare.
Teach a person to fish and you feed him for life. This is what I have been doing. I want people to learn to be rich and teach
others to be rich
".

Think Rich! Be Rich!!

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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

This post has received a 0.52 % upvote from @drotto thanks to: @banjo.

Indeed education gives knowledge which is power...but knowledge without practical usage to the benefit of the society is useless...grow richer @richforever

Awesome post bro.. #teamghana

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