I graduated high school with no money skills. I wish one teacher would have taken the time to give the class a 10-minute lesson on money. That’s all it would take. Managing money to create wealth is not rocket science.

10 minutes?

It is not that complicated. Just a few guidelines would have made everything easier. For example:

1. Buy stuff that goes up in value instead of down in value. What goes up in value? Investments in land, securities, our home. What goes down in value? Cars, costume jewelry, concert tickets, eating out.

2. Avoid debt. Debt is rewarding ourselves with things we have not saved for. What sounds better? Working hard and giving our salary to someone else to pay our debt? Or, having other people work hard and give their salary to us … to pay their debt to us?

3. Keep overheads low. A less expensive apartment and car means we have more money to buy stuff that goes up in value.

4. Invest in ourselves. We can double our income for the same amount of hours worked, if we learn good skills.

That’s it. In 10 minutes, teachers could change their students’ lives.