FSI Institute, a unique company, is announcing a cure for middle class financial illiteracy. It was created based on enlightened principles with the intention of empowering smart investors to make wiser financial choices. While the Institute does not discriminate, its mission focuses on educating women, who tend to struggle financially more than men. The key to building wealth and creating financial freedom is creating passive income.

Is it a wise idea to put all of your eggs in one basket…especially when you're not the one holding the basket? Many professionals, such as doctors, lawyers, engineers, professors, and accountants have incomes higher than the national average. However, they fail to ask one critical question. What would happen if they could no longer perform their role? What happens to that income?

Many women in the middle class are discovering what it feels like to be broke at a higher level. They spend their money on things that create more expenses, which means they have to make more income to pay for these expenses. It is a financial trap that many never escape. It is a vicious cycle that has led some to foreclosure and bankruptcy.

In last year’s elections, many expressed excitement at the results. "More tax breaks for the middle class" many said. But what they fail to realize is that this is a band-aid, and it will not fix the problem. How can it, when most people will take that tax break and spend it on a liability that will create more expenses, for example, a newer car that will create a higher car payment. Only education will provide the cure to financial illiteracy.

"Spend less than you earn, and invest the difference in true assets that will create passive income," says Aneshia Smith, a published author, who has been investing and trading in the stock market on her own behalf for more than seven years. "It does not have to matter that on average, men earn more than women in comparable positions. Focusing on making the best choices with your money is what matters most," states Smith.

Smith is also a stock market trainer at FSI Institute. She states "I believe in empowering women to take control of their financial future." And she admits "I have nothing against using financial advisors. However, I will say that trusting your financial advisor to select your investments without understanding why is like gambling in Vegas, only now, your family's future is on the line, not just the cab fare to take you from the casinos back to your hotel."

Many women use financial advisors because they are fearful of directing their financial situation. They are encouraged to remember that it is not their advisor's money, and that no one will manage their money like they will.

Author's Bio: 

Aneshia Smith is the founder and lead trainer of FSI Institute, a stock market training company providing coaching, seminars, and supporting materials to women who want to take control of their financial future. FSI Institute was created based on enlightened principles with the intention of empowering smart investors to make wiser financial choices. While the Institute does not discriminate, its mission focuses on educating women, who tend to struggle financially more than men. The Institute specializes in stock market trading and investing and addresses the needs of investors with both short term and long term goals. Smith, who is also a published author, has been investing and trading in the stock market on her own behalf for more than eight years. E-mail your comments and questions to FSIWallStreet@aol.com, or log on to www.fsiwallstreet.com for more details.