Have you ever tried fishing in dirty water?
I imagine it’s pretty tough to see any fish, let alone getting them to bite.
Everyone will probably choose to fish in clean water instead of the disgusting dirty water.
What am I exactly talking about?
Yes, the taboo topic of the world. A topic when mentioned, everyone runs and goes into hiding to avoid at all costs.
Well, here I am to open the can of worms.
Financial education is a lot like fishing. Some people swim in dirty water and others fish in very clean water.
What do I mean by this?
When swimming in clean water, everything can be seen. The fish, coral, seashells, all of it.
On the opposite side, when you swim in dark dirty water. There is nothing to see because it’s so dark.
Swimming in dirty water is not having a financial education, and swimming in clean water from one of the most pristine beaches is having a real financial education.
Without a real financial education, people don’t know the difference between an asset and liability.
What’s an asset or liability?
Asset: Puts money into your pocket
Liability: Takes money out of your pocket
So for example, a home is considered an asset to many. A home is a liability when there is a monthly payment (takes money out of your pocket).
A home becomes an asset when it’s rented out for someone else to live in (money coming in).
The property hasn’t been painted, redecorated, or moved. All that changed was the way the home is being used.
This is where a financial education comes in.
Without a real financial education, most people are fishing in dark water.
To get rid of the darkness in the water, it takes learning new strategies and definitions about financial education. The process includes dumping the old ways of financial education and learning about different ways.
Learning a new way to do something that’s drastically different than what we’re used to is a very difficult challenge.
But clearing out the water of all the junk by increasing financial knowledge will make a huge difference in your life.
It’s okay if people are in some dirty water right now, but it means there is an amazing opportunity to begin the change.
Some people who read this post might be in some very dirty water, but there is a light at the end of the tunnel.
Changing the pond you fish in can mean getting out of debt instead of getting in more. It can mean creating a better financial situation for the future and family.
The book to really highlight this topic is Fake by Robert Kiyosaki.
He is a financial education expert and has a lot of books on the topic. I mentioned in one of my very first posts about the book written by Mr. Kiyosaki which got me started down the path of reading and financial education.
His books are an eye-opener and I can’t recommend them enough.
Honestly, this was one of the hardest blog posts I’ve written so far. It’s a very touchy subject where I don’t want to go too deep into unless someone on the other side of the conversation wants to learn more.
I don’t know everything on the subject, but I’m learning as much as I can to implement into my own life.
I’m not writing this post because the people in fishing in dirty water are wrong. We’re all told different things financially and the government has a huge influence on us as well.
I decided to post this because financial education is a really big passion of mine.
I look back at the first financial education book I read a few years back and realize what I’ve learned from it, and want to help others improve their financial outlook on life as well.
So if you’re stuck fishing in a dirty pond at the moment, reach out to me and I would be glad to help as much as possible.
All of us are fishing, but it’s a lot clearer for some than others.
If you’re fishing hole is dirty, there is still time to gain knowledge to redirect the situation onto a better path.
Thanks and Be Great,