Cache Valley Area Investors Association
Feb. 11, 2008
FOR IMMEDIAT RELEASE
Preston Parker, President
Preston Parker, President
160 N Main St.
Logan, UT 84321
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Education key to Financial Independence
LOGAN, Utah --Most people struggle with money because they don't understand how it works and have never been taught. Education is essential to financial independence and Cache Valley Area Investors Association was created just for that reason.
Preston Parker, president and founder of Cache Valley Area Investors Association (CVAIA), began the association as a way to help people become financially independent. By teaching members of the group correct principles about money and getting them out of bad habits Parker hopes to change peoples ideas about the way money works.
"I teach people to think about opportunities and money differently then their parents," Parker said. "Most people come out of high school knowing what an amoeba is but don't know how to balance a checkbook and that needs to change."
Becoming financially independent is a goal Parker wishes for everyone so they can be happy and enjoy life. He said having money doesn't equate to happiness, at the same time he said having enough for a person's needs and be comfortable enhances quality of life.
Parker said their are two types of income people need to be aware of, earned income and passive income. According to him earned income is the money a person works for, like full time employment. Passive is money that is earned through things like investments and interest.
He tries to educate people to reach the point where passive income is enough to out way earned income, so working at a full time job becomes and option instead a necessity.
CVAIA meets every other Thursday at 160 N. Main St. in Logan to discuss principles like these to help people become financially independent. Preston started the organization in August 2007 to provide education. He teaches many of the sessions and also brings in guest speakers to talk about other money related topics, like starting a business to taxes. Parker has seen success through testimonies of many people in the community that have done the things he has taught.
The group is open to any one that would like to join. To become a member of this association send Parker an e-mail at cachevalley@gmail.com.
For more information about Cache Valley Area Investors Association, and some of the guest speakers contact CVAIA.
Dallin Koecher
Media Relations
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