Ways of becoming financially literate.

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  • Опубліковано 3 гру 2024
  • Becoming financially literate as a beginner involves learning the basics of managing, saving, and growing money. Start by understanding simple concepts like budgeting, which means tracking your income and expenses to ensure you're not overspending. Setting financial goals-like saving for a rainy day, buying something important, or planning for retirement-is essential.
    You can learn from free online resources, such as websites, blogs, or UA-cam channels that explain money management in simple terms. Reading books on personal finance is another great way to grow your knowledge. Look for beginner-friendly books on saving, investing, and budgeting.
    Practice makes perfect, so apply what you learn. For example, create a budget, open a savings account, or start tracking your spending. Finally, talk to people you trust who know about finances-they can share helpful tips from their own experiences. With patience and practice, you’ll get better at managing your money.
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КОМЕНТАРІ • 2

  • @rhodakithinji
    @rhodakithinji  28 днів тому

    Money management is a challenge for most people

  • @SamOoro-v6e
    @SamOoro-v6e 28 днів тому +1

    Making Money has never been a problem, But handling finances is the Nightmare