“An investment in knowledge always pays the best interest by Benjamin Franklin” – this quote, its one of my favorites!. Truly, knowledge pays the best interest, whether it’s about arts, culture, politics, business, finance, etcetera, etcetera.
However, I won’t be talking about “knowledge” per se. Knowledge, it’s wide. It’s vague like the universe. What I would like to share is about how to invest in knowledge, specifically in business and finance. Others say it’s so simple. Some do not agree. But for me, investment in knowledge is all about “education”. Yep, yep, education…and the first step to it is by educating yourself about “personal” finance.
There are plenty of books out there about business or personal finance. Some books are neatly written by some great and intelligent authors. Some books are well explained. Some writers even discussed it with greater details like banking, investing, saving, spending and insurance plus great examples. I have books of my choice though but that is not the point. It’s not my list of choices or what books I read. The point still is “education and your attitude towards it”. Yes, it’s about you! Your attitude of liking to read, to be well-informed and to learn more. It’s the how you wanted to enhance your skill. Perhaps, its simple, right? But can you? Do you like to?
The more you know, the more effective you will be in managing and saving your finances. This is an overused statement. We’ve heard this before. We have heard it from our parents, from our teachers, from friends maybe. Perhaps some of those people are even dead by now.
However, still, it is the same. It’s just is. The path to investing in knowledge is by way of reading, learning, from others, from informal talks to formal discussion and seminar. I must say that people who are well-informed can spot a good investment opportunity and… and are not easily scammed.
Again, invest in knowledge because knowledge is power. And for business minded people, the more you know, the more you earn!