facenglish:
prof! I need more explanation on this

in 1971 formal president Richard Nixon took money off the gold standard! and money losses in value. This is possible because govt print fake money. Which bis fiat money. In your bank account. The money is debt

uprof:
in 1971 formal president Richard Nixon took money off the gold standard! and money losses in value. This is possible because govt print fake money. Which bis fiat money. In your bank account. The money is debt

so how does that affect me?

facenglish:
so how does that affect me?

it does! The 4Ok in your savings account is last year is not the same 40k this year.

uprof:
it does! The 4Ok in your savings account is last year is not the same 40k this year.

I'm finding it difficult to believe! what I safe is what I get when I need it

facenglish:
I'm finding it difficult to believe! what I safe is what I get when I need it

let me give you an instance, last year a bag of rice cost 20k as an example. With 40k you can buy 2 bags. But now a bag cost 30k just as an example. Now if you withdraw 40k you still need another 20k. Who will pay that. That is inflation. Your money worth less and less as time passes.

uprof:
let me give you an instance, last year a bag of rice cost 20k as an example. With 40k you can buy 2 bags. But now a bag cost 30k just as an example. Now if you withdraw 40k you still need another 20k. Who will pay that. That is inflation. Your money worth less and less as time passes.

hmm! so that is what you mean by loosing money

facenglish:
hmm! so that is what you mean by loosing money

yes that is what I meant

uprof:
yes that is what I meant

but that is everybody's problem! there is nothing one can do to it

facenglish:
but that is everybody's problem! there is nothing one can do to it

it is not everybody's problem you can protect your self with personal financial education

uprof:
it is not everybody's problem you can protect your self with personal financial education

really? can you help me out on that?

facenglish:
really? can you help me out on that?

No problem if you can do the hard work?

uprof:


No problem if you can do the hard work?

let get started live the hardwork for me

facenglish:
let get started live the hardwork for me

OK! We are going to start with personal finance book challenge. The purpose is to reprogram your mindset

two sides of a coin

Actually the western education teaches you the both sides of the coin, Its just that certain Individuals prefers the other side.!
"The less stressful side"

Lordpeckxy:

Actually the western education teaches you the both sides of the coin, Its just that certain Individuals prefers the other side.!
"The less stressful side"

thanks boss! Easy road short term reward

uprof:
OK! We are going to start with personal finance book challenge. The purpose is to reprogram your mindset

how long will that take to finish

facenglish:
how long will that take to finish

two weeks!

uprof:
two weeks!

what is the name of the book?

facenglish:
what is the name of the book?

rich dad poor dad

uprof:
rich dad poor dad

who wrote the book?

facenglish:
who wrote the book?

Robert Kiyosaki

uprof:
Robert Kiyosaki

do you know any website where I can download for free

facenglish:
do you know any website where I can download for free

it is available on PDFdrive

uprof:
rich dad poor dad

Hey.!!!
I know that book, I read it last year.!
I learnt quite a lot, with his simple definition of someone who is rich and one who is poor, how to be wealthy, how to spend, how to make money work for you +
I was quite captivated with his Rat Race game logic.!
personally everybody needs to read that book.!
but who is everybody, if you're talking to everybody is like talking to nobody...
so I reframe my statement:
Anybody who wants to be successful in life should read

Rich Dad and Poor Dad

Lordpeckxy:

Hey.!!!
I know that book, I read it last year.!
I learnt quite a lot, with his simple definition of someone who is rich and one who is poor, how to be wealthy, how to spend, how to make money work for you +
I was quite captivated with his Rat Race game logic.!
personally everybody needs to read that book.!
but who is everybody, if you're talking to everybody is like talking to nobody...
so I reframe my statement:
Anybody who wants to be successful in life should read

thanks boss! You are great

uprof:
it is available on PDFdrive

dot com right

uprof:
thanks boss! You are great

###respects

facenglish:
do you know any website where I can download for free

go to PDFdrive dot net

uprof:
go to PDFdrive dot net

OK when I finish download I will get back to you

facenglish:
OK when I finish download I will get back to you

no problem!!

uprof:
no problem!!

I'm done with the download, I will start reading as soon as possible

facenglish:
I'm done with the download, I will start reading as soon as possible

no problem!