February 9, 2009

planning financial literacy education

I thought there were some good, relevant ideas in the Beginning Your Evolution post on the Rich Dad Education blog.

The recommendation for having a plan is an important starting point. As with most things, having some sort of a plan save times and helps get something accomplished. Getting a financial education is important. So here goes...
Objective - to gain the knowledge and confidence to take responsibility for my own money management if the need should arise. I hope this doesn't actually happen anytime soon, but it would be nice to be more prepared in case it does. In a collaborative environment, investigate, discover and share fundamentals, strategies and processes to get to a reasonable knowledge and comfort level with personal finance and money management.
As of today, I have basic understanding of many aspects of personal finance and money management, but need to work on learning and understanding techniques and strategies for actually doing it. There is plenty of work to do to achieve my personal financial goal. So here's the plan.
  • invite a couple of friends to join in researching and discussing our individual and group progress as blog postings. Like a book club.
  • identify some topics that would help expand my current understanding - investment planning, exit strategies
  • research and share information about these topics - resources, newsletters, blogs
  • read more financial and money management news and information to gain a broader, more up-to-date understanding of world financial situation - The Economist,
  • find credible, trustworthy writers and analyst to read regularly

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