Before we begin down this path, I would like to disclose that I am not a financial professional but merely a new student of finance. The topics I discuss here are not to be taken as advice nor endorsements of investments or financial services. This is merely an outlet to discuss topics I’m learning about in my finance studies in hopes of sparking your interest to learn more and go beyond the scope of this blog. I’m not the Wolf of Wall Street nor am I pretending to be the next Warren Buffet. I am simply presenting information as best I can so you can go learn more and make your own decisions. Why though?
In my studies of finance I have learned things that have real world consequences for anyone on “main” street. From amortization schedules to budgeting, credit and risk, to savings and retirement. The financial system is intertwined with everything in your life, from a car loan and credit card, to your eventual retirement account and fixed income. I’m not saying you need to turn into a wall street shark and trade your way to richness. That’s not what I’m saying at all. What I am saying is that you need to learn the basics so you can understand what’s going on around you when it comes to finance. Lenders can take advantage of you if you don’t know what you’re signing up for or worse, ruin your credit score because you find yourself not able to pay for it.
So the basis for this section is to educate ourselves so we can have a grasp of what’s going on around us, make better financial decisions, and set up a track to meet goals in the near-mid-and long terms. Let me stress this again, this is not a get rich quick scheme or a beat the market promise. I wouldn’t be blogging right now if that were the case. This is a concise and systematic effort to learn and apply techniques that can benefit one financially. Let’s close on some finance knowledge. Because knowledge is $$$.