Financial Independence Now Means Getting Financial Education | Financial Success | Poko Virtuous

While the majority of people living in poverty and financial bondage have low financial intelligence, the wealthy figures does store up sound financial knowledge in their minds.

Poko Virtuous a Nigerian Business-expert & Financial knowledge activist  writes on how you can acquire financial intelligence for your financial freedom.

"The number one problem in today's generation and economy is the lack of financial literacy"-
Alan Greespan

"If you want to be truly successful invest in yourself to get the knowledge you need to find your unique factor. When you find it and focus on it and persevere your success will blossom"-
Sidney Madwed


It is no news that the vast majority of humans are poor _ research shows that the wealth of the world is controlled by 10% of the wealthy figures. A question one might want to ask is:

'What about the 90%, why aren't they wealthy _ but poor/average?…

A quick answer to that question is: 

…Financial intelligence!


Getting to understand money, how it works is the formula to acquire/sustain wealth, but it saddens to know that many people have failed to understand money _ dear reader, if you'll want to gain financial freedom, it's time you increase your financial IQ!


• What About Acquiring More Assets?


If you want to gain financial freedom but you lack an understanding of the differences between the asset/ liability column, you may likely remain poor. Poor people invest in liabilities _ things that doesn't give them money; rich people invest in assets _ things that bring income.


*Getting to understand money, how it works is the formula to acquire/sustain wealth*


It was really a joyous period in my friends life _ when he bought a car. He acquired a taxi, and hired a driver to use it for commercial transportation. At the end of the week, the driver remits $250 to him _ can you guess what my friend would do?…

He would smile and ask me:

'If I had kept it for personal use, would it have provided me this money?

I would respond, ' No, except for your salary from the government'



If you want to increase in wealth, learn a way of having passive income. The idea of acquiring assets is the intelligence you need for financial freedom.



• So Much Of Impulse-buying!


Your ability to keep impulse-buying at a bay, becomes your financial intelligence for financial freedom. You have no license to acquire wealth if you can't tame your urge for impulse-buying.

Heck, don't be impulsive! Stop, think and ask yourself:

' Is it necessary?'…

' Can't I continue with the items I have?…

When your finance accomplishes a pivotal need, your life will make progress financially.



*If you want to increase in wealth, learn to find a way of having passive income*


Mine was a disastrous one, I couldn't go an hour seeing what I fancy when the cash is with me without buying it _ I liked it but it wasn't necessary! Can you guess what happened to me?…

…It had a negative impact in my finance _ not until I desist from that anti-wealth attitude, I couldn't gain financial freedom.



• …What About Entertainment & Pleasure Fund?


Hey guy, have you got an entertainment fund?…

If your response is in the negation, you'll want to create an account in that regard. The reason! If you don't the truth is you're not being helpful to yourself _ you'll spend it frivolously and loose all you had intend to keep.

Come to think of it, you work hours each week and you don't want to reserve a time/day to be entertained/go for outing?…

Heck, don't be a workaholic _ your body needs relaxation _ it's good for you.

You are in the path to increase productivity because you have time to relax and catch a bit of fun. You'll be wise to allot a fraction of your income weekly, monthly, annually _ as you choose, into your entertainment fund.

Life becomes joyous when we stick to the right rules _ and one sound rule you should adhere to, to experience the joy of financial freedom is to go have fun occasionally.

In conclusion, you can gain financial independence! but wait a minute…

…Can you change from those anti-wealth attitude of yours?