THE EDUCATED FOOL

Going to school and bagging all the degrees possible is one thing, but putting that degree to good use in the real world is another. There is much more to having practical experience and common sense than just acquiring theoretical knowledge. Likewise, you can read a thousand financial literacy books that teach you all about how to invest, or how to manage your money effectively, but if you don’t apply the new found knowledge, well you're what’s known as an “educated fool”. All knowledge garnered from reading books really doesn’t translate to actual knowledge if not effectively applied to your daily life. “He is an accountant. How come he’s in debt for mismanaging his own money?” “He preaches about financial literacy so why doesn’t he follow his advice”? Why is it usually like this, you may ask. It's straightforward. Most people create their stagnancy due to their indiscipline. I will explain.

Taking long hours of lectures on a subject matter, say, financial literacy, doesn’t make one financially literate. It just gives you the knowledge, but applying that knowledge on a day to day basis, practically making it a lifestyle is where repetitive discipline comes in. In fact, you would have to make conscious efforts to follow what you have learnt so repetitiously that it does become a lifestyle. Put it into practice and make sure it plays out in your daily activities. Be strict enough with yourself so you're able to follow it through because that discipline is what holds sway to your future.