Confidence: belief in one’s self and one’s powers or abilities; self-confidence; self-reliance; assurance.
Financial education builds confidence. Confident people take action. Action produces results. Lack of financial education breeds inaction: fear of making a mistake, fear of not doing the right thing, fear of looking stupid.
Without confidence or a mentor, most folks will do nothing. Delay is the worst outcome possible. If an Investomom lacks education, they reach out to someone who knows more, and asks them to be a coach. An Investomom takes action. Investing one dollar a day is a life changing event. This small act will build confidence and put you on the road to financial security. This small act will help build confidence and result in a greater ability to teach.