Financial literacy book pdf

The author advises readers to start taking care of the basic financial matters that are often ignored in their quest for wealth creation The author takes the readers through the basic reading and interpretation of financial statements so that they could be able to make informed financial decisions as they begin their journey of wealth creation He has included questions at the end of each chapter to help readers to test their understanding of the text The book is written as a guide to acquiring financial literacy in the quest for wealth creation Financial Literacy The Basic Requirement for Financial FreedomExcellent Very informational on financial suggestions and enlightenments as it pertains Subjective goals and examples helps reader fathom the idea of execution Paperback

The author in this book reminds us that money is not scarce and that there is than enough of it for everyone to have a piece of it He apportions the lack of it to people s ignorance in its acquisition multiplication and retention Ignorance regarding the acquisition of money and wealth becomes evident in people s unwillingness to learn the principles governing wealth and laziness in making efforts to search for information and hesitation in the implementation of strategies regarding wealth creation Illiteracy among the people in developing and underdeveloped countries is the major drawback to financial actualization While everyone desires to have money only the few are willing to stake resources in their quest for financial knowledge The times we live in somehow encourage instantaneous obtainment of things at the expense of and utter disregard to hard work patience and know how The author in this book echoes the disadvantage of the financially illiterate as that of being vulnerable to those trusted to have their best interest at heart The financially illiterate easily fall prey to malevolent parties including consultants financial institutions and their very own governments To emphasize his utter dismay of such parasitic and predatory tendencies the author highlights the importance of financial literacy by metaphorically referring to the two types of people those who go out and make things happen and those prepared to eat crumbs from their masters tables The author further explains the importance of life s teachings which are aimed at producing in us the qualities that we could never acquire through or from any institution of learning In explaining the importance of financial literacy.