Only Impediment In Your Path To Financial Growth

Only 57% of Americans are financially literate FINRA survey reveals

You worked hard to get a high-paying job, yet you never learned how to manage the fruits of your hard work. Even well-educated Americans find personal finance too complicated to handle on their own. They rely almost exclusively on so-called Financial Advisors to protect and grow their wealth.

4 out 5 Americans never got the opportunity to learn personal finance

Even though it’s clear that personal finance is critical, not many of us give it the time of the day that it deserves. Instead, we get caught in the spell of Wall Street. Investing has become synonymous with Stock Market gambling. Do not think that financial illiteracy is a problem only for modestly-educated people. Financial illiteracy is just as widespread amongst well-educated high-paid professionals.

The only impediment in your path to Financial Growth is…

Lack of financial education! Even if you are well-to-do, you often have to lower your desires to match your means instead of increasing your means to match your desires. When you make an effort to become financially educated, you realize that growing your hard-earned money at a significant rate of return does not have to be complicated, stressful, or risky.

Light at the end of this tunnel

60% of Americans say they know someday they will need to be more financially secure – they just don’t know how to get there. That is encouraging because acknowledging the problem is the first step. Acknowledging that your retirement years are not going to simply turn golden automatically, and knowing that you can live far more affluent life today by getting better at personal finance, is a great first step.