I am new to this sub-Reddit and am finishing a BSBA in Economics next semester. Over the last few weeks I've learned more about financial independence and passive income through YouTube (Shout out to Graham Stephan and Ben Mallah) and books such as "Rich Dad Poor Dad", than in my last 5 years studying Econ in college.
Being only at the start of my journey, the single most important thing that I have learned is that simply taking action where others are afraid to can be the first step towards financial freedom. For far too long I have continually fallen into the category of thought that making passive income and investing wisely is something that is not capable for someone like me (young / inexperienced / C student / no meaningful income). I believe this fallacy is all to true for most people my age. I believe that there is a misconception that investing favors those who are explicitly intelligent, when really it favors the bold and those unafraid to fail with purpose.
Well I guess I started to rant a bit there, but what are your guy's thoughts on this and what is the single most important lesson that you have learned about becoming financially literate or obtaining financial freedom that you feel should be taught to the masses?
Submitted December 08, 2019 at 08:10PM by ExiledNerdTV https://ift.tt/2YyOSya
