Nowadays, the personal finance field is flooded with individuals promising financial freedom through their “Get Rich Quick” master class or ebook.
So why does it seem like everyone is trying to come up by helping someone else stabilize their finances?
Well, according to Deseret News, there are close to 11 million millionaires in the United States.
Thus, if we were to do the math there are approximately over 326,000,000 people in the United States meaning that a little over 3 percent of the population are millionaires. Therefore, 97% of the population is open for business.
However, while 3% is a shockingly low number, don’t let this percentage deter you. Instead, continue to strive for financial freedom.
You can start now by improving your personal financial knowledge. Here are a few simple ways to improve your personal financial knowledge.
Simple Ways To Improve Your Personal Financial Knowledge
- Use Google search to improve your personal financial knowledge
- Enroll in a few personal financial online class
- Read personal finance books
- Use the knowledge gained to tackle your finances head-on
Use Google Search to Improve Your Personal Financial Knowledge
Nowadays, you can find almost anything on Google.
Therefore, use the Google search engine to gain information about specific personal financial concepts you wish to understand.
Enroll In a Few Personal Financial Online Classes
There are tons of online classes you can take to gain financial knowledge, and fortunately, a lot of these classes are affordable.
For instance, Udemy has sales, often with classes costing $10 or less.
Lynda is another good resource for online classes. For $20 to $30 a month, you gain access to a wild range of classes, not just finance. Plus, the first month is free.
Read Personal Finance Books
If online personal finance classes aren’t your thing, you can always read personal finance books.
There are tons of personal financial books you can read like Rich Dad Poor Dad, The Richest Man in Babylon, etc.
Use The Knowledge Gained To Tackle Your Finances Head-on
Tackle your finances head-on, don’t let the knowledge gained go to waste. Instead, use the knowledge to tackle your finances head-on.
Remember, practice makes perfect!