A Book That Will Help To Improve Financial Literacy

I’ve been reading “EnterLeadership”, the book by Dave Ramsey. He’s learned quite a few things about business over the past 20 years or so while helping a whole bunch of people come to terms with their debt problems. This book is good, and his Financial Peace materials are great.

More recently, I also needed money. In difficult times, I was rescued by instant cash loans, only they helped out. But I decided to change it. I’ve made a commitment to not borrow money, and while it’s costing me opportunities, I’m confident that it will all work out in the long run.

One of the things I read in the book is that a business starts with a dream, but the dream has to be changed into a vision, the vision into a mission statement, and the mission statement broken down into goals (and then you get to work on the goals). I think that many in the Internet marketing world have a dream — but not much else.

Guilty as charged. So I’ve started working on changing my dream to a vision (the term “vision”, in my opinion, isn’t that well defined in the book — but at least he suggests other resources). But vision is simply the ability to see what people need. And I’m going to take my particular vision (help people who need to protect their business) into a mission statement, then I’m going to develop some goals and start working on them.

So Dave’s calling me a “dreamer” was my “Aha!” (or “Doh!”) moment. Fundamental, you might say, but that’s OK. There’s really not much in the book that is “new” (at least not to me), but hearing it from Dave Ramsey makes a difference to me.

One last word: As I started working on all this and further defining my business, I realized that a lot of BSOs (Bright Shiny Objects) started losing their appeal. And a lot (but not all) of Internet marketing targets those dreamers who have no vision — much less a mission statement or a plan on how to implement it. “They” really are taking advantage of you.

So take your dream, turn it into a vision, decide what you are going to do (i.e. a mission statement), figure out how to do it, and get to work. Once you do that, you’ll discover that those push-button riches products no longer appeal to you because you are finally working on building a business that delivers value to customers.

One last Dave Ramsey Tidbit: He said that we should follow the Golden Rule in our business, and I think the best way to describe that is to put yourself in the shoes of your customer. How would you feel about the product and service you deliver if you were on the buying end? Would you improve quality? Would you figure out a way to provide better support? Would you stop hammering your product update list with affiliate offer after affiliate offer? Would you change your price from $497 to $49 to better reflect the true value of your offer?

If so, do something about it. Today. And don’t forget about those who have already become your customer; take care of them, too.

What Rich People Do and Poor People Do Not to Become Rich

Another book that I would recommend to read “The Road To Financial Freedom” Bodo Schaefer.

Bodo Schaefer is a world-known time management specialist, financial coach and successful businessman.

Bodo Schaefer is convinced that wealth is a science that can and should be learned. For example, because everyone can learn to swim, drive a car, and financial literacy is the knowledge that can be obtained after passing a certain school.

Today, he is considered one of the best practitioners in time management, he wrote many books and seminars that allowed people from all over the world to study financial literacy with his help. Bodo Schaefer constantly conducts various trainings in the USA, Europe, Russia, Turkey and Australia.

The Road to Financial Freedom is an interesting and useful book. From it, you will learn that being rich and successful is not just luck. It requires discipline, special tools and an understanding of finance. And most people simply do not have the right idea about finances. This book will help you find out what keeps success beyond the reach of ordinary people.

From this book you will learn:
- How to control and eliminate debts
- How to manage asset growth
- How to find ways not to depend on others for financial solvency
- and much more!

Excellent book with tips on changing thoughts about money. Understand how to continue to improve your wealth creation strategy. Written for the layperson, you do not need to have a financial degree to understand and motivate. So do not waste time and start reading. And after reading do not forget to apply this knowledge in practice.

A Book That Can Change Your Life

Today I would like to tell you about the book The Richest Man in Babylon by George Samuel Clason. The book is necessary and important, I would recommend to read it to everyone. This is like a basic understanding of financial literacy, this is exactly what you need to explain in the first place, sending children into adulthood. What you will learn: how to save money, even if your income is very modest; how to save accumulated and increase your capital. This is not all, but it is basic. The book is written in simple language, presented in the form of examples from life, in fact, you read a fairy tale, and at the same time absorb the golden rules of accumulating and increasing your wealth.

Here are some key tips from the book.

Follow the laws of money. Money is never transferred to those who understand the simple laws of their getting:

1. Start to fill your wallet

2. Keep track of expenses

3. Make your gold multiply

4. Protect your savings from loss

5. Invest your savings in your home.

6. Secure your income for the future.

7. Expand your earning potential.

Read this book and change your approach to life, because life without money or with acute shortages is very hard. Although, they say that happiness is not in money, but it’s easier to live with money and find out where happiness really is, is simpler. Of course, the book is worth reading, because the rules here are organically woven into parables, thanks to which the author of this book became famous.