Everyone’s life would become easy once they learn the basics of personal finance.
Personal finance is simple & far from rocket science…
Personal finance says,
-Earn more than you spend.
-Save & invest starting at young age.
-Live below your means & gradually upgrade your standards of living to enjoy life sustainably.
-No or low debt.
-Earning money with mind over time.
-Having a mental road map of your financial goals.
Following these basic rules will easily place you in top echelons of society. It’s easy to get into top 10% of the world, it just takes couple of disciplined years.
It’s the lack of learning interest & efforts that keeps many hand to mouth.
Also, people aren’t aware & lack in depth clarity of these above mentioned concepts that they think it would take herculean task to reach to top 10%.
Also, the lack of personal finance understanding makes people do some basis mistakes which puts them years behind in wealth and happiness creation journey.