Personal Financial Literacy

Satisfactory Essays
Financial Literacy is a taboo as though of for most people. Discussing finances at home is unheard of, so people have a hard time managing their finances and making their money grow. The importance of using the right tools makes a difference when it comes to saving money. The whole process requires you to take account for four factors known as the basics, securing your needs, building wealth and protecting wealth. It is overwhelming because there is much to learn about personal finance. A way to be organized is to set personal financial goals both short term and long term. For example due to my current financial situation, my short-term goal is to get back on my feet and pay off my lowest credit card bill within three months. After achieving
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