Financial Education

Not long after the start of the global financial crisis I became aware of a material difference between the so-called wealthy and the wannabe wealthy. Apart from the obvious difference in fortunes held, I have observed there is a difference in the financial education levels and approach to life.

 In the years I have spent as a financial adviser I have met only a handful of people I would consider to be in the ‘wealthy’ group or true ‘entrepreneurs’. None of them were my clients, and in fact I don’t believe any of them used the services of a financial adviser. Read the rest of this entry »