Welcome to the latest series here at the wildly popular JosephSangl.com – “Managing Money As A Single Parent”!
Part Six Gain financial wisdom.
You must gain financial wisdom. Without it, winning with your money will be virtually impossible. In Proverbs 4:7, Solomon shared, “The beginning of wisdom is this: get wisdom. Though it cost all you have, get understanding.” If Solomon, one of the wisest people who has ever lived, realized it was worth “all you have” to get wisdom, we should all take note! You could have more degrees than a thermometer and still be broke!
You must gain financial wisdom.
Recognizing that time is a valuable and precious commodity for you, here are some ways to gain financial wisdom without feeling like you need to complete days and weeks of college course. Read books about personal finances. Attend one or two day personal finance conferences taught by me or other financial teachers (like Dave Ramsey and Robert Kiyosaki). Take online on-demand personal finance courses (like the one I provide called the I Was Broke. Now I’m Not. Core Coaching Program).
PRACTICAL STEPS TO TAKE:
- Read two financial books each year
- Take one financial class each year
- Meet with a financial coach once each year (see final section)