Knowledge is a life asset because if you can learn to increase and leverage your knowledge, you can grow any aspect of your life and obtain all your goals and dreams. Also, every person has some form or amount of knowledge. No matter where you are in life, you have some knowledge. Even if the only piece of information you have is your name, you have knowledge.
“Your formal education will get you a job and your self-education will make you a fortune.”
I have had an extensive formal and self-education and I had to choose only one, it would be my self-education hands down.
I only had formal education from the age of 5 to the age of 24. I relied solely on that until I was 42. That is when I hit rock bottom, emotionally, physically, relationship wise, and financially. So, the formal education did little to help me succeed. It only got me a better paying job.
My self-education started when I was 42. That is when I truly started to develop my self-esteem, maturity, decision making skills, problem solving skills, coping mechanisms, etc. I also started growing my income and investments to be 5 times what it was in my first 42 years of relying only on my formal education.
Start Leveraging and Growing the Life Asset of Knowledge and you will become rich!