Back to school – Financial Education
October – Colder weather and back to school also for me – I might be in my fifties but still have lots to learn 👩🏼💻📝🤓
Find out more 🧐 ⬇️
https://go2w.net/r/SBzFXw
Financial education
Inflation explained in 7 minutes – be prepared, are you covering your assets?
The Purchasing Power Lifecycle of Consumer Dollar with Lynette Zang.
Keiser Report | Bankers Will Protest in the Streets
Keiser Report | Bankers Will Protest in the Streets | Summer Solutions | E1584
What is going on in the financial world today
Lynette Zang explains the current financial world situation in layman’s terms in an exclusive interview with The Atlantis Report.
Asset or Liability ?
“Rule #1: You must know the difference between an asset and a liability. Then buy or create assets.
If you want to be rich, this is all you need to know. This is rule #1, it is the only rule.
This may sound absurdly simple, but most people have no idea how profound this rule is.
Most people struggle financially because they do not know the difference between an asset and a liability.
An asset puts money IN your pocket. A liability takes money OUT of your pocket.
Here’s a question for you…
Is the home in which you live an asset or a liability?
In my view, your house is a liability. Even if you own the property with no mortgage, you still pay property taxes, utilities, insurance, maintenance, etc. Therefore: money is being taken out of your pocket.
Once you understand this simple rule… all you have to do is follow it to gain wealth.
To your wealth-building,”
– Robert Kiyosaki
What is The Shadow Banking System & Why you Should be Worried ?!
By The Atlantis Report (December 2019):
“The average person has no idea what the shadow banking system is. The problem with the shadow banking market its shadow; you cannot see it. The Technical definition of the Shadow Banking System is non-traditional banking, which doesn’t
tell you anything. I like to phrase what banking is; Banking is a regulated Bank with the FDIC, which takes in deposits and makes loans. Anything else done by anybody else is Shadow Banking. In other words, it is outside of the banking system.” ➛➛
Your pension and the Shadow Banking System
What do YOU know about the Shadow Banking System and how it is connected to normal pension funds.
If you want a financially secure retirement you, like me, need to understand at least a little of it all.
Robert Kiyosaki is breaking it down for us in his video:
This Threatens Your Wealth and RUINS Your Retirement – Robert Kiyosaki, The Rich Dad Radio Show (October 2019)
WTF Happened in 1971 – Mike Maloney
Do you know what happened in 1971.. and what it means for us today.
WTF Happened in 1971 – The Biggest Event In World History? – Mike Maloney
Dan “Boomer” Girolmo’s Math Class #101
This video is now 6 years old but oh, so relevant today.
Made by an original Karatbars’ member, the late, great ‘Boomer’. In 4 minutes he explains the fundamentals of Karatbars in a very easy fashion.
One to watch!
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Mnemonic Key
A mnemonic phrase, mnemonic seed, or seed phrase is a group of words which is used to generate a master seed which is then used to generate a master key.
This Master key / Mnemonic Key ( recovery / backup phrase) is the key to access a Crypto Currency Hot Wallet.
The Seed phrase can for ex. look something like this:
hat – umbrella – tree – variety
guitar – clean – professional – function
one – travel – flower – happy
running – car – pharmacy – pillow
Often more than 12 words are needed (for extra security). The words has to be entered in their specific order to gain access to the wallet.
It is advisable not to have these words stored on a phone, computer or other devise but to write them down on a piece of paper or booklet and keep a copy it in a fireproof safe.