Great Foundations for your Financial Awakening

in #steemsilvergold4 years ago (edited)

Great Foundations

‘Brass shines as fair to the ignorant as gold to the goldsmiths’. Elizabeth I of England

Laying the foundations of knowledge


Whether building a home, a city, a road or an education pathway, one must begin with a solid foundation. In my opinion, when it comes to a financial education, there are 3 core concepts (principles) you should familiarize yourself with first. I refer to these principles as:

  1. The Golden Rule.
  2. Intrinsic Value.
  3. Risk-Free Return.

The principles are not mystical and they are not overly complex. They are however concepts that you were probably not taught to you at school, or even at university. Once learned though, they will impact upon every personal budgeting, business and investing decision you make.

I can not say for sure why these concepts are not drilled to every child as a part of their school education. However, the skeptic in me notes that that in this world of mass consumerism, easy finance and the plethora of financial products – there are perhaps some who don’t want their customers asking too many questions. A conversation for another time perhaps. (Or maybe for here at the Steem blockchain now.)

Over the coming weeks I will look to detail each of the foundation principles, here at Steem.


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