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Why Highly Educated People Face Financial Challenges?

In school teachers didn't teach about money. This is the main cause of this problem. People assumed the bright student would go on to be a medical doctor. Today working class face financial challenges because students leave school without financial skills, millions of educated people perceive their dream of having corporate and Government jobs successfully, but later find themselves struggling financially. They work harder but don't get ahead. What is missing from their education, it is not how to make money, but how to manage money. Most of the people didn't understand why they face financial problems because they didn't understand Cash Flow.  

How to perceive your Dream?

To perceive your dream you have to focus on your goal. If you want to become great, you have to sacrifice your cravings means  if you like anything    such as spending money on unproductive, unnecessary and luxurious things which will not allow to focus on your goal, you have to sacrifice it and most important thing is that you must have a passion, burning desire, determination and  do hardwork to achieve your goal.

One Asset that makes you Rich

Today i am going to tell you about 1 asset that makes you rich : First you have to know what is asset? Asset is something that helps you to make money instead of working. Real Estate  :- Most of millionaire are made because of Real Estate. In Real Estate there are many ways to gain profit.  • First one is ' Flip'  means that buying a property in less amount and improve the land and after some years you have to sell this land at high price.  • Second one is 'Appreciation'  means that in which you don't sell your property but you hold your land. After some time the price of property increases that means your net worth will also increase.  • Third one is 'Tax Benefit'  means that when we buy a immovable property, government agree that the building has a life span for example 50 years, we will understand by example. A rich man had brought a building for RS 70 lakh in this building the land costs  RS 20 lakh and building costs RS 50 lakh. Government ag...

Why does people get trapped in Life's biggest Trap?

Generally people work hard to become rich. Their efforts is that get a job they will keep them getting good salary every month and after doing the job they put full efforts on job and with this they get trap in the life's biggest trap from they never come out and many people become a part of greedy race. They know that the salary would be at the end of the month and for this reason they take a big house on loan, buy a car, buy expensive things. And get trapped in this trap were is impossible to escape. Because the things they have taken on loan and they have to pay the loan also and to pay the loan they will have to work for many years. What ever amount will come from your job the maximum amount will go towards paying your loan and in the same way many people lives go on doing jobs and paying loans. This is the reason people gets trapped in life's biggest trap. The life's biggest trap are Fear and Desire.

What is the Biggest Trap in Life?

  The biggest trap of life are Fear  and Desire . These are two biggest emotion of human life which differentiate a poor from a rich, means that most of the people work for money, the major cause of its Fear and Desire , they are afraid of not having money hence locked themselves in jobs. The main cause of its Fear of money. After they get money they think about to buy expensive things means that thinking all about Desire  that is actually Greed. That is why poor and middle class people take low salary jobs.

How to become Rich?

  If you have to become rich, you have to keep in your mind  for thinking new business ideas instead of working for money and you have to know what is difference between an asset and a liability. First you have to know what is an asset and liability ?  An asset is something that puts money in your pocket and a liability is something that takes money out of your pocket. Most important point is that you have to avoid life's biggest trap (Fear and Desire) . If you don't avoid these two traps you will live a boaring life and face money problems and die a boaring old man.       

How the search for a Financial Dream turns into a Financial Nightmare?

The story of hardworking people has a pattern. Get married, live happy, highly educated young couple now share a cramped (less space) rented apartments. Immediately they realize that they are saving money because two can live as cheaply as one. The problem is the apartment is cramped. They decide to save money to buy their dream home so they can have kids. They now have two incomes, and they begin to focus on their careers. Their incomes begin to increase. As their incomes go up, their expenses go up as well.