Wealth Insight 2009-10-30
The true nature of money – and why it matters
Money is part of our everyday life. Like sunshine or rain. We even think of it as a kind of force of nature, not of our making.
Yet money is a man-made thing. And the way it was made affects us. It encourages us to do certain things.
For example, take inflation. Governments create inflation by printing too much money. They then hide the size of the problem.
- So our hard-earned money loses value fast.
- And we then have to try and make our money grow, to make up for the losses.
- Which means we have to invest it.
- Which usually means we have to take risks – or at least, that’s what conventional wisdom tells us: “The bigger the risk, the bigger the reward”. (Actually, this is a myth that you will really benefit from rejecting!)
- It also creates a profitable industry that pretends to grow your money while in reality skimming off most of it for itself – the savings and investment industry.
The good thing about inflation? Once we see that conventional investments do not work, and that “the greater the risk the greater the reward” is a lie, we start to look for real solutions. Which leads us to the simple yet massive power of the Formula for Riches®.
The price of mental freedom is to put in some time and effort finding out the truth. The rewards? Amazing! The rewards are liberation. Massive financial savings. Massive real growth. True solutions that are both simple and cheap. Start by signing up for my free e-course on debt (a very important money control issue), at Warriors Against Debt.
Hannes Dreyer
Wealth Creators Mentor
Wealth Creators Mentor
PS General news I added several articles in the member section of www.propertyschool.co.za and www.warriorsagainstdebt.com. Hope you enjoy and learn from them.
