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Wednesday, February 29, 2012

Thought for the Day:Security vs Freedom

In Robert Kiyosaki's book, "Rich Dad's Prophecy", he recalls a conversation with his "Rich Dad" regarding the two concepts of "Freedom" vs "Security":

"Rich dad stated that security and freedom were not the same words, in fact they were almost opposite from each other. Rich dad said, 'The more security you gain, the more freedom you lose'. He also said, 'A person seeks security often gives up control over parts of their lives. The more control you give up, the less freedom you have.' Many people feel insecure about their financial future and retirement because they have give up most of the control over their financial future."

Too many people are turning over their hard earn cash or resources to other parties, thus losing control over their hard earned resources. If Financial topics were emphasized in school, this may provide a different outcome and a different way of thinking.

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