Why understanding the history of money is the key to wealth? | MASTER INVESTOR | FINANCIAL EDUCATION

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We sure have seen people talk about the economy and inflation nowadays like it is something new. But let me remind you that as long as we have financial education, we must use the inflation and economy to make us wealthier. Since these factors about money are only indicators to helps those who have the financial education to get more wealthy. Why understanding the history of money is the key?

Simply put bad economies and inflation are extraordinary for the financial educated entrepreneurs and investors.

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As we say here, “Money is just an idea.”

An asset puts money in your pocket. A liability takes money out of your pocket.

The simple definition of a fake asset is one that promises to make us richer but in actuality robs us blind. We need three things:

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Then, we need to offer something of value in exchange for their email and name. Then, after we obtained the visitors of our capture page's information and email address. Then, we can deliver the free gift and also give them the product/solution of their problem.

Where to get products to sell that are already made for us? We do not need to create the products or sales pages, we can have use leverage by using other people's products that are already made for us. All we need to find the products we are passionate about marketing and bring new clients to the sales pages of those products.

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Read entire blog here: https://www.masterinvestor.education/pages/blog?p=why-understanding-the-history-of-money-is-the-key

Over the last couple months, the alarm bells of recession have sounded. Most CEOs are tightening their belts. Employees are fearful they may be laid off. The US posted negative GDP growth—admittedly small—for two quarters in a row, a classic signal of recession. Most people aren’t asking if we’ll have one. They’re asking just how bad it might be.

Understandably, many people are concerned—especially the poor and the middle class. The rich, not so much. As I wrote about recently, the rich aren’t too concerned with whether the economy is up or down. They know how to make money in either scenario.

This is because of one key point that I said in that post, “This is because the wealthy understand one important thing about money that many others don’t: it is a currency.”

Why understanding the history of money is the key? Because it gives us an unfair advantage into what we can use to make us wealthy as everyone else gets poorer.

What this chart shows is that the rich know something about money that the middle class and the poor don’t. During booms and busts, the poor are continuing to get poorer, it doesn’t matter which economy it is. The middle class are treading water. The rich are getting richer. But how?

A history lesson on money

The four economic ages of humanity.

They are:

The Hunter-Gatherer Age

The Agrarian Age

The Industrial Age

The Information Age

Read the entire blog to learn about the history of money.

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