Concentrate on Financial education rather than Wealth.

[Cookdata]

Those who has been able to build Empires in every field of endeavors are actually people who has enlightened themselves enough to manage their finances. Anyone who wants to make a change in this current economy that, we found ourselves should as a matter of importance embabeb financial literacy. As taking the right financial decisions and steps in liberating one from their current financial status.Investment is one good way that an individual can move away from financial stagnancy.

Investing in critical assets like Bitcoin is one good way through which an individual can liberate their self from from poverty.having the necessary  financial skills is what defines an individual, so investing in your  yourself by buying of books, Attending of work shopes and seminar making of Researching etc are all financial literacy means which anyone can use in escaping poverty.

Have you heard of the term "OG before OG". That symbolizes someone that has been there before social media attention of wealth became the new thing. As much as I can agree with you about this, there are people that has amass some level of wealth and to see the things you wrote over their, they don't have it. Some people have inherit wealth from fathers that are corrupt politicians, some has made money from their wicked parents but life isn't fair about all this.

If you are starting from the scratch, it's good you deploy some of the things you said but a reminder, just know that successful stories aren't seen online, the path to wealth are not most often how people did it. They may share some things but there could be more they are not sharing and it's that important aspect most successful people will not share with you, there are also dark skills other than financial skills but you will never hear that as part of the journey script.

[B-BossMan]

Op, this is a very nice idea, because it's very essential to have knowledge of financial activities before holding wealth or even before investing your money into Bitcoin investment. Financial knowledge is the most vital factor behind wealth. There are some people who are wealthy today, but they didn't know how to use it or how to make more of it or double it. When you have money and you are using it without any addition, the money will go down, but multiplying your funds into different investment assets may definitely make you rich. Some set of people make it today with just thier small earnings and they are doing great because they are knowledgeable on financial management and goals, while some have huge amounts of money but they lack financial knowledge. Moreover, having knowledge of financial education is a big step towards your financial goals.

[tabas]

I think that many of us have been told by our parents that they don't have anything to leave us but the knowledge that they can share, and for us to learn it. Because it's something that no one can ever snatch from us. And so, learning financial education is a good thing that we have to do because wealth follows it. With how a person starts from being small, saving a little and the discipline that it teaches us, things are going to wrap around and will that person who's savvy will eventually learn the importance and basics of how to take care of our finances.

[wiss19]

Both making money and financial literacy is important. You easily lose your money without financial literacy but you ain't investing anything without making money.
From my experience though, starts making big money from e.g your salary and you'll start to find a way to take advantage of your money better.

Seeing or hearing the word salary will automatically make us think that someone is working from someone else, some companies, some government agencies, etc.. and it is only a limited money usually. This is where we can say that we need to find our way out or to get rich. We can make our research online or we can also learn from our working environment. We need to save our small salary, to have a sufficient capital on starting our new journey in life. Along with it, we can still learn on how to become a financial literate, because like you said, without it, we can not successfully build our empire or stack our money and eventually be called as a wealthy individual.

[Kasabus]

You won't succeed on accumulating wealth if you don't have the required knowledge and potentials to keep you going. Financial literacy is a must, financial knowledge should be at utmost level in order to gain financial success and independence. Easy accumulation of wealth will be smooth sailing if you set priorities and stick to your plans to achieve your main goal. Where there is financial literacy is seen, that's where financial success comes with huge wealth ownership happens.

[junder]

A person having a lot of money does not mean that he is wealthy. For a person to be financially independent and wealthy, his money must be used in a planned manner. I have seen people who earn a small amount but do not have to face any financial crisis due to their proper financial management. Because they have determined in advance how much money they will spend on which sector. In that case, they keep some money separately for some unexpected expenses which they can use for their urgent needs.
Again, there are many people who earn a lot of money but due to their lack of proper financial management, they have to face financial crisis at different times.
Honestly, for a person to eliminate poverty, the proper management of the money he earns is more important than earning a lot of money.

I have a neighbor, a husband and wife, who barely make ends meet, even living in a small house. Their husband, who is unemployed and quite elderly, has no steady income. He sometimes works as a parking attendant, earning an uncertain income.
What's interesting is that he has many young children, and I wondered how he would be able to support his family without a steady income. But I admire his sociable nature, so perhaps he can use that to make money. I believe it's because he manages his finances quite well.
I agree that money management is more important, because it's pointless to have a large income but not manage it well; it's likely to be wasted.

[BigBos]

You won't succeed on accumulating wealth if you don't have the required knowledge and potentials to keep you going. Financial literacy is a must, financial knowledge should be at utmost level in order to gain financial success and independence. Easy accumulation of wealth will be smooth sailing if you set priorities and stick to your plans to achieve your main goal. Where there is financial literacy is seen, that's where financial success comes with huge wealth ownership happens.

When someone has financial literacy, they are more likely to achieve wealth. A person may be wealthy, but without financial literacy, their wealth may not be maintained. We can see this in someone born into a wealthy family who falls into bankruptcy after being abandoned by the parents who built their wealth.

So, as you said, financial literacy is something we must learn. No matter how much our monthly salary is, if we lack financial literacy, the money we earn will go unmanaged.

[Queen uloma]

Financial illiteracy is the process were an individual lacks the ability to take the right financial decisions and steps in making sure that one is liberated from financial lack and stagnancy. Financial education should be a very important aspect of every individual if anyone is interested in becoming financially buoyant and independent.

People now a days are more concerned about making money rather than first of all equipping themselves with the needed  financial management and education because everything boils down to financial education in the process of building wealth.its a common belief that no matter how good a fellow is he or she can't outgrow his level of financial literacy.One can't be talking about building an Empire without the needed financial skills and equipments.

Those who has been able to build Empires in every field of endeavors are actually people who has enlightened themselves enough to manage their finances. Anyone who wants to make a change in this current economy that, we found ourselves should as a matter of importance embabeb financial literacy. As taking the right financial decisions and steps in liberating one from their current financial status.Investment is one good way that an individual can move away from financial stagnancy.

Investing in critical assets like Bitcoin is one good way through which an individual can liberate their self from from poverty.having the necessary  financial skills is what defines an individual, so investing in your  yourself by buying of books, Attending of work shopes and seminar making of Researching etc are all financial literacy means which anyone can use in escaping poverty.

Financial illiteracy is the number one reason why people remain in poverty and financial problem, this has to do with the ability of a person who lack stable financial decisions, or a person taking the right steps in other to achieve economic growth, the financial education must be seen as a crucial aspect in everyone's life, majorly for people that really want to become financially sound. 
‎In our society today people are only concerned about making money, not how to manage it, no Matter how much your salary is without financial education and management skills,  you can never maintain wealth,
‎Before you talk about building an empire, you must acquire the financial knowledge needed.
‎If you check around today you will find out that those who have build financial growth they are people who invested their time, how money works ,how to make it grow and how they can manage it.
‎ Anyone who want to make economic change must embrace financial literacy, making a good financial decision is away of escaping financial struggles.
‎So when you invest, you are away from financial stagnation, you can invest on Bitcoin or other assets it's help you  break from poverty.

[rat03gopoh]

Does that actually fall under financial literacy? I'm a bit confused, but I think this falls under general literacy because financial literacy means that you learn how you are going to use or spend the money you have,

Investing is part of financial management, and knowledge about it includes specific literacy. Management requires rational decisions to avoid losses or at least unnecessary expenses. Investing is a good decision, but because there are so many options, one must specifically understand which types of investments are sound or too good to be true.

Until now, some people considered Bitcoin investing a bubble. But with sufficient literacy, we will have a variety of perspectives that will allow us to say it's worthwhile.

[Coyster]

Financial literacy is pertinent, it is not the only way to become rich, but it is the only way to stay rich. Some people win the jackpot, inherit wealth from their parents, offer a service, etc. But many of such people go broke sooner or later and that is because they lack the skills to stay rich and grow wealth, such skills you acquire during the course of educating yourself in finance. Though i cannot also deny the fact that some people go broke due to ill luck, for example, scam, serious illness, ruined by a spouse, etc.

That said, there is no one thing you should concentrate on. You need to find ways to earn an income, multiple sources of income. You also need to learn how to invest that income and grow wealth. You also need to have the financial knowledge to stay disciplined, delay gratification and stay rich.

[Plaguedeath]

I've seen a lot of people can manage their money or having financial education rather than people who can make a lot of money.

The thing is, those people only able have a skill to manage, while their money aren't huge enough which required to manage the money. Their money are pretty much similar like average people who work and getting paid in minimum wage, there's no need to manage since 50%-70% of the salary will be use for monthly needs.

Having a skill for making a lot of money is way more useful than know how to manage.

Imagine if there are two choice, one is the salary only $200 and you able to manage it, while the second one the salary is $50,000 and you not have a good money management skill.

[bettercrypto]

...having the necessary  financial skills is what defines an individual, so investing in your  yourself by buying of books, Attending of work shopes and seminar making of Researching etc are all financial literacy means which anyone can use in escaping poverty.

The reason why we have colleges and universities, and why the government compels their youth to go to school and educate themselves, the youth is the hope of a nation, and by building a country of financial literate the country is in good hands, so it not about a personal quest to escape poverty, but its your obligation to your country to be a financial literate person so you canhelp your country build business that can benefit your country.
Education is everything; it defines the individual and the nation, so we should make it our life goal to be educated, not only to escape poverty but also to contribute to our country's growth.

Having financial knowledge is really important because if an individual becomes aware at an early age, they will surely be able to manage their finances properly in life. Also, having education in people's personal lives will still contribute significantly to us.

With the right method and strategy, they will surely be able to build wealth in the near future. However, it's not easy to do because there are many processes to go through and sacrifices
to make before this can be truly achieved in the reality of our lives.

[AYOBA]

People now a days are more concerned about making money rather than first of all equipping themselves with the needed  financial management and education because everything boils down to financial education in the process of building wealth.its a common belief that no matter how good a fellow is he or she can't outgrow his level of financial literacy.One can't be talking about building an Empire without the needed financial skills and equipments.

The reason why people are concerned about making money now, is because they know that even during their education or after their education, they will still look for this money, so that’s why we can see that even when some people are in school, they are more focused on the money than their education. Because life after school is not easy. That is why we see a lot of people acquire skills and knowledge so that even after school they will have something that will bring money to their table, not until they depend on government.

Investing in critical assets like Bitcoin is one good way through which an individual can liberate their self from from poverty.having the necessary  financial skills is what defines an individual, so investing in your  yourself by buying of books, Attending of work shopes and seminar making of Researching etc are all financial literacy means which anyone can use in escaping poverty.

Bitcoin has become the best coin all over the world. That’s why people prefer to invest in Bitcoin, since it has given them more peace of mind than any other coin that they didn’t know much about, and since the DCA method has been introduced, investing in Bitcoin has become so simple, as we can invest with a little amount of money and also afford to lose it.

[Makus]

We all focus too much on making money but forget the most important which is how to keep money, it's not really a pleasant thing to have money and later end up being poor, unfortunately this has been a lot of people's fate and it still is because they refused to learn financial management. Financial management goes beyond learning how to keep or save money it also teaches you ways in which you can multiply what you have. The easiest way to grow is by investing but for you not to make mistakes you must know the right investments to make

[₿itcoin]

You know, it is the foundation. You may be able to earn or accumulate money without it however often without direction, you end up frustrated or losing money. you will find many people to say I just need more money without apprehension how to preside over the money they already have. Understanding how money works, where to invest money &  keeping your emotions out of your financial decision making is what separates the wealthy from everyone else. Look,  Bitcoin teaches you about utility, scarcity &  the urgency of having a longterm point of view. so if you ask me i will say financial literacy, along with an insight into Bitcoin, positions you well on the track to financial liberty

[Antotena]

We all focus too much on making money but forget the most important which is how to keep money, it's not really a pleasant thing to have money and later end up being poor, unfortunately this has been a lot of people's fate and it still is because they refused to learn financial management. Financial management goes beyond learning how to keep or save money it also teaches you ways in which you can multiply what you have. The easiest way to grow is by investing but for you not to make mistakes you must know the right investments to make

You have said the right thing but what I have seen is that people focus on making money that is going to solve their problems at that instant than creating an income that will last them for generations. If a poor person is given a Bitcoin right, I'm confident that he may want to sell the coin even if he has Bitcoin knowledge, the only thing that will comes to his head is how he is going to solve the problems of that time by keeping the Bitcoin for long term.

People need to be discipline when it comes to money management, they need to know that problems or without them, there will always be problem for you. I put my self in a situations like what if I assume I don't have this thing, I will still survive. That means it's our mind that is making us depend on an asset we can keep for long time instead of always trying to think we have an investment on ground as an alternative anytime we run into any problems.

[DPHOR]

We all focus too much on making money but forget the most important which is how to keep money, it's not really a pleasant thing to have money and later end up being poor, unfortunately this has been a lot of people's fate and it still is because they refused to learn financial management. Financial management goes beyond learning how to keep or save money it also teaches you ways in which you can multiply what you have. The easiest way to grow is by investing but for you not to make mistakes you must know the right investments to make

Yes that is true and there are lot to learn about money but many people does not know all these things that is why they whenever they gets rich today you would see them not being able to sustained their wealth because they don't plant their money. The nature of money is to make proper use of it and plant it so that it will grow and have branches, it was from the branches you can be able to start cutting off those branches which you think are too lengthy or you feels are taking much space. That is money for you, this, in other words means investment and when is not channeled on focused on the right investment you will see your money will be sinking so hard.

[Marvelockg]

Investing in critical assets like Bitcoin is one good way through which an individual can liberate their self from from poverty.having the necessary  financial skills is what defines an individual, so investing in your  yourself by buying of books, Attending of work shopes and seminar making of Researching etc are all financial literacy means which anyone can use in escaping poverty.

Before you can invest in bitcoin or any other asset, it is going to be that you are already doing well financially first afterwards you can from what you already own put some part of it into the asset. it takes wealth to create more wealth and as a matter of fact, for you to even be more wealthy, you need a level of wealth which should normally give you an edge or a platform to grow from.

first get a source of income and then invest as a means of increasing your source of income into something bigger and better. that is basically how wealth creation works.

[letteredhub]

As taking the right financial decisions and steps in liberating one from their current financial status.Investment is one good way that an individual can move away from financial stagnancy..

Being one of the early birds in an asset investments is one fast pathway to changing ones life, and you wouldn't have to task yourself into chunk-ing in huge amount of funds because at earliest stage the asset might be amounting to a less costly value. Bitcoin for instance was priced at $1 in it's early time, an investor who bought 100 bitcoin at then would be swimming in huge returns with current price of bitcoin.

But then, there were people who refused to take the financial risk in deciding to buy and hold bitcoin in that early period., even those with financial literacy. Out of fear and skeptism they couldn't take the financial decision on bitcoin. Daring the risk of believing in the potential of an asset or business venture that hasn't proven it worthiness isn't just as having financial literacy but about having the guts.

[MFahad]

A person having a lot of money does not mean that he is wealthy. For a person to be financially independent and wealthy, his money must be used in a planned manner. I have seen people who earn a small amount but do not have to face any financial crisis due to their proper financial management. Because they have determined in advance how much money they will spend on which sector. In that case, they keep some money separately for some unexpected expenses which they can use for their urgent needs.
Again, there are many people who earn a lot of money but due to their lack of proper financial management, they have to face financial crisis at different times.
Honestly, for a person to eliminate poverty, the proper management of the money he earns is more important than earning a lot of money.

We see many people around us who have a lot of money. But that doesn't mean they are rich. the person who knows how to use his income, well and saves some of it for emergency. That person succeeds in becoming financially strong and living well. Even if our income is low We should spend according to a plan. Person earns a lot of money but spends it inefficiently, which causes him to fall into financial crisis. It's not just about making funds its about to managing. it is necessary that we spend within a circle. And focus on increasing savings. All successful people's understood the importance of money and spent it only on their personal needs.