Monkey see, monkey make prudent financial choices

The difference between knowing what to do with money and understanding money.

Monkey see, monkey make prudent financial choices

There’s probably an app for that.

In a world of listicles, do-it-yourself websites, YouTube tutorials, and online learning platforms, how many people are learning the foundations of anything before graduating to their more subtle nuances?

None. Nobody is doing any of that. I base this conclusion on the fact that I’m not doing it, and I’m the center of the universe.

Secrets of success

It’s natural to be attracted to the tips and tricks, the hacks and the secrets to quick success. This is as true in the world of finance as it is everywhere else.

And that’s fine. Finance is as complicated as programming, but you don’t need to be a programmer to use a computer, and you don’t have to know all the underlying concepts of finance in order to get a lot done.

Jon the Total Moron has graduated to Jon the Village Idiot.

Thanks to the best Practices I’ve been taught by the WellSpent editors, I’m now in a far more financially secure position than I was 6 months ago. Income protection, disability insurance, dread disease and other nasty little situations will all be mitigated by a relatively low monthly premium.

I must admit that I found myself reluctant to even talk about such things, but we all need to accept that we’re not going to be in perfect health for our entire lives, and that the medical industry is not trying very hard to keep their prices low.

 Thanks to the shortcuts and good advice I’ve gotten, I’ve made a lot of progress in a short time. Far more importantly, WellSpent has led me to think much more about money, my relationship with it, how much of it I need, and what I’m going to do to get it. Underlying the shortcuts to financial independence is an education, and I’m glad to have it.

Next steps

The next step for me is to branch out into the world of wealth creation. This seems to me to be a far more complex world than wealth protection.

Time to put that education to good use.

I’m not a gambler, so I’ll be following the “get rich slowly” principles of the WellSpent editors. To try to do it quickly would create a lot of stress in my life and to be honest, there are more important things to worry about than money.

People who Rock

Take Charge of Your Money TaxTim