As founders of the 200k Club, we pride ourselves on financial literacy. Going through grade school, chances are you experienced little to no education in finances. It has been to our disadvantage that many Americans are left fiscally defenseless once they become adults. largely in part to lesson plans that lack such fundamental life skills. So while you were learning the Pythagorean theorem, no one clued you in on the importance and power of credit, stock trading, or investment strategies. Whether you are a young professional, seasoned in your career, or lie somewhere in between, this is a time where you will be forced to make critical financial decisions. These decisions can range from paying student loan debt to managing credit cards or saving for a home down payment, to name a few. One of the central objectives of the 200k Club is to fill in these gaps. 200k club provides the platform to introduce members to concepts of financial strategy and scenarios; many of which can be put into practice immediately.
Alluding to my initial point about the school system, many people are taught how to be workers. Entrepreneurship is not incorporated into school curriculums across the nation. If you did not experience a family member running a business, there is a good chance you may have never encounter an entrepreneur in your life with whom you have a personal relationship with. Not everyone has an interest in being an entrepreneur, but by joining the 200k Club, your desire and commitment to launch that business or to growing your current ventures rings loud and clear
Starting a business, real estate investing, and stock investing, serve as several methods to drive you into financial wellness. You will find yourself progressing ahead of many of your peers and many others who are risk averse and most likely depend on a solitary source of income to fund their lifestyle. If you are the type of person who tries to avoid risk, let’s consider the actual risk: Depending on one source of income. 200k Club encourages entrepreneurship because this allows you to accrue multiple streams of income and mitigates the risks associated with merely one source of income. Exchanging time for money has its limits. Let’s break these barriers and not only set you up for success, but also the success of future generation.