“My banker has never asked me for my report card”
- Robert Kiyosaki

Numbers don’t lie. Too many grown-ups that were successful, straight “A” students in school and college have to admit years later that they have been hopelessly ignorant in managing their hard earned for income in their adult life. Debt consolidation and mortgage payment seem to be a common need of the modern day family.

The average professional nowadays might have a high-paying job, a big home, a nice car, and be doing well at work, but a quick glance at his or her financial statement will reveal an excess of expenses and, in many cases, a huge debt.

Is this the successful and prosperous life those honored college diplomas so ardently promised years ago?

One thing is for sure: Our highly acclaimed education has definitely not provided us adults with the financial skills necessary to be good stewards of the money we earn.

Unless you were lucky enough to have parents that taught you how to manage your income well, you are probably one more of the crowd who thought good grades in school are a guaranteed formula to success in life.

Good grades might be important in school, but in real life it’s your financial statement that counts.

Nevertheless, many adults do not really look at their financial situation until crisis strikes. That is why most adults fail to make financial corrections that are necessary to lead a financially successful life.

Luckily enough, just like any other educational gap, this one can be repaired. Anybody who is willing — or desperate — enough to study diligently can acquire the knowledge that is necessary to make his or her financial statement, their real life report card, mirror a wise money management system that will lead to financial success.

By: Bettina Langerfeldt