Showing posts with label good financial mentors. Show all posts
Showing posts with label good financial mentors. Show all posts

Saturday, May 18, 2024

Pick Your Mentors WIsely



It has been many years since I began my financial education journey. I had scoured my world for the best books and speakers who could enlighten me on the " money mysteries" that I needed to learn.

Little did I know that my search would yield such a huge bounty....a bounty that I did not realize I needed to 

cautiously sort through.

Not all gurus, especially the financial ones, are operating out of a spirit of kindness or wisdom.
Most guru's or financial educators, teach about what worked well for THEM, and that my friends, is not necessarily what would work for you.

Yes, there are some general principles which most folks can adhere to, which will help them in their financial journey but there are some HUGE differences in approaches which can mean utter ruin, if you follow a path that is not intended to be YOUR path.

Well, let me just spit it out. There are some financial educators that have a HUGE appetite and willingness to handle risk. They may even advocate taking out your credit card and using cash advances to invest in real estate or some other entrepreneurial activity.
They don't realize that telling someone who does not handle risk very well, to use a credit card in that manner is not wise, and NOT good advice.

There are casualties of bad financial advice all over the world. Folks have been eager to learn and bow down submissively to financial speakers who are full of ego and pride. They followed their advice and wound up broke and near bankruptcy.

Be aware, my cyber friends across the world, that you need to filter through your financial mentors until you find one that suits your personality and risk tolerance. You don't need to accept some loud person on Youtube to become your financial mentor. Be cautious and slow to follow risky advice. Pray and think first before taking financial steps. Ask trusted folks with experience and a wise personality for good advice before you proceed on a new financial path.

I used to be intimidated by those who were very ultra confident. But just because someone is confident, and has a best selling book or seminar series, does not mean that teacher is the right teacher for you!!!!
Be good to yourself friends, and use your good sleuthing and discerning skills to figure out good teachers from the pompous fools. Ask God to give you wisdom in your searching.

God is the Father of wisdom and He delights to lead you into paths of righteousness and prosperity.

Perhaps some of the following financial thinkers would appeal to you.... Let me know in the comments what you feel about their teachings. Are they wise? Do they take reasonable amounts of risk?
examples:
Robert Chilton....( Canadian advice)
Derek Foster....( also Canadian advice....his website is https://stopworking.ca/
The Richest Man in Babylon by George S. Clason
Think and Grow Rich by Napoleon Hill

Well, that's all for today.  Be empowered, friends, with your ability to choose your own teachers in your self led learning journey. 
Peace,
Carla