Topic: Financial education or 1million dollars - page 5. (Read 1366 times)
Financial literacy is something you can learn anytime you want. So I will choose 1 million dollars. When you have money, you will know how to improve and protect the capital that you own. However, there are still people who get rich thanks to the lottery and then spend it lavishly with the money they are lucky to have, losing it all. So financial education is important when you have some money, and even if you don't have a lot of money, it helps a lot in your life.
Being able to see money is still the ultimate goal that we all aim for, so knowledge is nothing if it doesn't help you make money.
I may agree in some but not on this one. Knowledge will still bring you far if you know how to execute and use it well in making money.Knowledge is just a tool, a weapon to support us, and how to use it to benefit is up to us. That's why I said, if you have knowledge you don't use to make money, it's useless. and I also want to reiterate that even if you have solid financial knowledge, can you guarantee you will make a lot of money from it? I bet you're not sure you'll make it, either. therefore, money is still first, money is still more important than knowledge.
In today's life, having knowledge without money is not respected, but having money without knowledge is still appreciated. what people need is results, and they don't care about our process of effort.
While I do agree on the latter part that no one really wants to know your tough process. That's what people wants and just to see and clap on your with your good results and not with how you've made it there. 
It only takes me some few hundreds of Dollars to start gaining knowledge about making money to crypto so it is better I go with the $1000000 offer because today with the internet knowledge is almost free you can learn almost everything you want online using your smartphone or your computer, you don't have to pay anyone to gain knowledge or know how to make money with crypto.
If you want to go into trading, you can buy a course from pro traders and that shouldn't cost you a lot vs having 1 million dollars, I will instantly go for the 1 million dollars because it will make things get easier for you.
If you want to go into trading, you can buy a course from pro traders and that shouldn't cost you a lot vs having 1 million dollars, I will instantly go for the 1 million dollars because it will make things get easier for you.
Being able to see money is still the ultimate goal that we all aim for, so knowledge is nothing if it doesn't help you make money.
I may agree in some but not on this one. Knowledge will still bring you far if you know how to execute and use it well in making money.Knowledge is just a tool, a weapon to support us, and how to use it to benefit is up to us. That's why I said, if you have knowledge you don't use to make money, it's useless. and I also want to reiterate that even if you have solid financial knowledge, can you guarantee you will make a lot of money from it? I bet you're not sure you'll make it, either. therefore, money is still first, money is still more important than knowledge.
In today's life, having knowledge without money is not respected, but having money without knowledge is still appreciated. what people need is results, and they don't care about our process of effort.
Perception helps us to understand things in life and it is always bound by many different factors. Living environment, growing conditions, or thinking about them, ... are the things that make us give different views about life or its value. I recognize that material is only a small part that connects people together, but most of us are bound by material things in life, material poverty makes us inaccessible. intellectual or spiritual wealth. Being a slave to money or emotions is an obvious fact, but not everyone has an understanding view of it. The journey to experience life is created by ourselves, and whether the money that comes with it is helpful or harmful is all due to our receiving knowledge and reacting to it in life.
Financial education is the key to turning wealth into lasting prosperity. It's like having a solid foundation to build your financial future on. Without it, even a million dollars can slip through your fingers like sand.
I don't know if being a financial expert will automatically make money easy, nowadays there are many people who graduate in economics even from top universities but they have difficulty finding work or are still unemployed, and an offer of $ 1 million in my opinion is more realistic to take than finance education.
Financial education is the key to turning wealth into lasting prosperity. It's like having a solid foundation to build your financial future on. Without it, even a million dollars can slip through your fingers like sand.
Now it's easy for us to learn anything including financial education, but we can't necessarily earn $1 million so I prefer $1 million over financial education, sometimes life doesn't just go according to the theory being taught, with $1 million of course we will get hands-on practice .
In my case, I already have financial education, and a million dollars would take me a long time to get, so the decision in my case is clear. If we were talking about my children, the decision would lean more towards education, the younger they are the better, because said education can give many compounded returns throughout their lives, even greater than $1M. Financial education would lead them to make better decisions about what to study, to save and invest much earlier. Someone who starts investing at 25 years old can be a millionaire in 15 or 20 years and still have many years of life expectancy left for compound interest to continue to rise parabolically.
everyone knows this, but in this case, if you had to choose, which would you choose? I bet you will choose money too, no one will choose knowledge. our parents let us go to specialized schools and study abroad… all just wanted us to be good, and the purpose of studying well was just to make a lot of money.
I'll choose the $1M dollars and let me handle that for myself. With the life today, someone wouldn't mind getting knowledge of how he'll become financially educated.There will be reasons that it's gonna be no use because there's no money to manage. And that's why by having that money, let me take it and let me do my thing of experiencing and doing the handling.
Being able to see money is still the ultimate goal that we all aim for, so knowledge is nothing if it doesn't help you make money.
I may agree in some but not on this one. Knowledge will still bring you far if you know how to execute and use it well in making money. 
Financial education has always been a game changer in the financial state of a man, it is the best education a father can give to his children because once you are financially educated, it's near impossible not to be financially stable.
Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.
On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on the long run,
I don't know if anyone sees it the same way I do?
Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.
On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on the long run,
I don't know if anyone sees it the same way I do?
I agree with you that Financial education has always been a game changer. When it comes to choosing between financial education & one million dollars we need to consider the long term benefits. A million dollar can provide an instant financial security but of course it is not a guarantee that it could last long. Many people who won millions in example lottery but they quickly lose it because of lack of financial education. They tend to overspend the money that they have and without even diversifying the money, it lose so fast. That is why having financial education is important to be able to manage and diversify your funds the right way. Proper management of funds can lead to a long term financial stability.
You need both money and knowledge in order to get the best outcome in financial world. One is powerless without the other if you want financial success. If you have money but no knowledge on how to utilize it to make it grow more, then it will vanish in the long run as you said. But it is also important to know that you need money with knowledge too. If you only have knowledge and experience but not enough assets to apply them in the field, then you can't make a use of your knowledge. It's like a paradox.
everyone knows this, but in this case, if you had to choose, which would you choose? I bet you will choose money too, no one will choose knowledge. our parents let us go to specialized schools and study abroad… all just wanted us to be good, and the purpose of studying well was just to make a lot of money. Being able to see money is still the ultimate goal that we all aim for, so knowledge is nothing if it doesn't help you make money.
Financial education has always been a game changer in the financial state of a man, it is the best education a father can give to his children because once you are financially educated, it's near impossible not to be financially stable.
Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.
On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on the long run,
I don't know if anyone sees it the same way I do?
Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.
On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on the long run,
I don't know if anyone sees it the same way I do?
You can learn financial education any time you wanted to but you cannot acquire 1 million dollars anytime you wanted to acquire it. So if ever I have to choose between the two, I will be choosing th 1m dollar then learn my ropes towards financial education. As as far as I know if we wanted to have a formal financial education, it needed money to be able to secure a spot on that financial educational course.
You can choose the financial education but the question is when we will get a hold of 1 million dollars if we do not have enough funds to generate it. It may take several years and hard work to obtain $1m especially in a developing country
I think, financial education will help you to grow higher financially and materially in the community because it will be difficult for you to experience failure in your investment like the way some investors are failing in their investment this days, just because they don't have the knowledge of financial management. Don't forget that 1million dollar will finish, if you don't have financial education because I have seen many people in my environment who inherited huge amount of dollars from their late parents but Because of lack of financial education they finished the money within two years without a single financial achievement.
It is true that when we do not have financial knowledge, even if we own 1 million dollars or 10 million dollars, we will lose everything if we do not know how to manage and use it properly. But having financial education and high knowledge does not guarantee you will make 1 million dollars in life, and there's also no guarantee you can turn that $1 million into several million dollars with your knowledge.
If given a choice, I would choose 1 million dollars without thinking because when I have a lot of money, I will buy knowledge that will help me know how to manage and use money wisely. It's more than just having financial knowledge that can't make money.
Exactly, having financial knowledge is extremely important because it can help us a lot in life, but it can't be more important than money. Because when we have money, we can buy everything, including that knowledge. Even if you have the money, you don't need knowledge, but you can also hire educated people to work for you, and from there, you can also achieve success.
and even myself would really be securing out that million and wouldnt really be so dumb on not to make use of it on a good way on which even having no business background but with just
using your own common sense would be telling you that you should really be making use of it for good so that you wouldnt really be ending up on being poor once again on the time
that you had spend it all.
I don't know why education now is becoming over hyped. So if you are not educated, does it mean the person can not be successful in life? I will rather go for the money and build a business that will make me profitable employing the people that find education important. They will work for me and bring more money to my company.
You need both money and knowledge in order to get the best outcome in financial world. One is powerless without the other if you want financial success. If you have money but no knowledge on how to utilize it to make it grow more, then it will vanish in the long run as you said. But it is also important to know that you need money with knowledge too. If you only have knowledge and experience but not enough assets to apply them in the field, then you can't make a use of your knowledge. It's like a paradox.
I think, financial education will help you to grow higher financially and materially in the community because it will be difficult for you to experience failure in your investment like the way some investors are failing in their investment this days, just because they don't have the knowledge of financial management. Don't forget that 1million dollar will finish, if you don't have financial education because I have seen many people in my environment who inherited huge amount of dollars from their late parents but Because of lack of financial education they finished the money within two years without a single financial achievement.
It is true that when we do not have financial knowledge, even if we own 1 million dollars or 10 million dollars, we will lose everything if we do not know how to manage and use it properly. But having financial education and high knowledge does not guarantee you will make 1 million dollars in life, and there's also no guarantee you can turn that $1 million into several million dollars with your knowledge.
If given a choice, I would choose 1 million dollars without thinking because when I have a lot of money, I will buy knowledge that will help me know how to manage and use money wisely. It's more than just having financial knowledge that can't make money.
Exactly, having financial knowledge is extremely important because it can help us a lot in life, but it can't be more important than money. Because when we have money, we can buy everything, including that knowledge. Even if you have the money, you don't need knowledge, but you can also hire educated people to work for you, and from there, you can also achieve success.
I think, financial education will help you to grow higher financially and materially in the community because it will be difficult for you to experience failure in your investment like the way some investors are failing in their investment this days, just because they don't have the knowledge of financial management. Don't forget that 1million dollar will finish, if you don't have financial education because I have seen many people in my environment who inherited huge amount of dollars from their late parents but Because of lack of financial education they finished the money within two years without a single financial achievement.
It is true that when we do not have financial knowledge, even if we own 1 million dollars or 10 million dollars, we will lose everything if we do not know how to manage and use it properly. But having financial education and high knowledge does not guarantee you will make 1 million dollars in life, and there's also no guarantee you can turn that $1 million into several million dollars with your knowledge.
If given a choice, I would choose 1 million dollars without thinking because when I have a lot of money, I will buy knowledge that will help me know how to manage and use money wisely. It's more than just having financial knowledge that can't make money.
I think, financial education will help you to grow higher financially and materially in the community because it will be difficult for you to experience failure in your investment like the way some investors are failing in their investment this days, just because they don't have the knowledge of financial management. Don't forget that 1million dollar will finish, if you don't have financial education because I have seen many people in my environment who inherited huge amount of dollars from their late parents but Because of lack of financial education they finished the money within two years without a single financial achievement.
Financial education has always been a game changer in the financial state of a man, it is the best education a father can give to his children because once you are financially educated, it's near impossible not to be financially stable.
Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.
On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on the long run,
I don't know if anyone sees it the same way I do?
Why do you think that millionaires and multimillionaires still have shelfs filled with books on financial literacy? Why do you think they spend their time educating people on the need for this. Sometime ago, I watched on YouTube how Grant Cardone on Turned $100 to $1M in 90 Days. See this may sound like a cliche but it is the truth - that you can take a man's money but you cannot take away his mindset. This is mindset is built through financial literacy. Have you wonder why most lottery winners have gone back to square one after winning or most rich kids losing their inheritance due to poor/bad management of funds, it's because they lack financial education.
On the other hand 1million dollars is truly a life changing amount of money but if you are not financially educated, you will lose it all on the long run,
I don't know if anyone sees it the same way I do?
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