This is a guest post from Eugene Craig. He is the author of Stoopidsuccess.com and runs an article creation service.( EugeneCraig.com/content-creation-service).
Most people will be rather shocked to find out that the most important education you will ever need (your financial education) is more than likely will not be taught to you in your high school or college.
In this world you will succeed based on the information and tools you know and those that you do not know. Although you may not have been received the best financial education over your lifetime there is never a bad time to start.
The good thing is that there are tons of free tools that you can use to better your understanding of personal finance and how to handle money.
Use your local library
Every local library has a section of books on properly handling money. The best thing about the library is that it’s free, and more times than not will have a copy of the latest book releases on topics of personal finance. Many of these books are sold at retail for over $25, and contain a lot of techniques that could help you along your journey of building wealth.
Marie’s thoughts: I love the public library and use mine branch extensively. Online resources are even more convenient and you can usually get cards to several libraries with different online resourse databases.
Bloomberg TV and CNBC
Bloomberg Television networks and CNBC are two of the best authorities of television programming in terms of learning about money, and investing. One of the best programing options that both of these networks provide are specials on how ordinary people took their ideas and turned them into thriving businesses. CNBC is also famous for the Suzy Orman show, which has grown to help her become the most trusted TV personality in terms of personal finance.
Marie’s thoughts: While I’m not a big fan of Suze Orman’s presentation, I do admire her for becoming a self made millionaire.
Money and Personal Finance Blogs
Money and Personal Finance blogs are some of the best tools available to help a person learn how to grow and develop wealth. The best part about following a personal finance blog is that many times the author/owner is on the same exact journey that you are, and can help you through their experiences are they occur. There are many different personal finance blogs, but those associated with the Yakezie network tend to be the most active.
While you may not have received the financial education that you deserved early in your life, it is never too late to start. These tools should help you along your journey while not burning a major hole in your pocket.
Marie’s thoughts: Most of us (including me!) received our financial education in the school of hard knocks. Take steps now to start learning from other people’s mistakes and you will be ten steps ahead of the rest of us on financial literacy.