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Financial Management (Part 1) - Financial Literacy Introduction

The Best thing Money can Buy is.. More Money.

Why would you want to struggle paying your Debts, Loans, Mortgages and other monthly installments, when you have many other better options to avoid or handle them more effectively ? Don't you want your upcoming generations to be free from Consumer Debts ? For you to come out of such problems and have a better financial stable life, you need to learn how money works. People get carried away and later realize that they have taken a wrong or bad financial decision. Not because they are not smart, but because they are not FINANCIALLY LITERATE



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Financial Literacy (Financial Management) is the subject that educates you about Money Management and how to Grow your Money.



What is Financial Literacy ?
Financial Management, Grow your Money


Understanding how money works, making money work for you instead of you working for money, planning and prioritizing your Goals, power of Compounding and understanding financial growth is termed as Financial Literacy. Understanding different steps to be taken to make your money grow, understanding your Assets and Liabilities, differentiate between your Needs and Wants is what you will have to learn to Become Rich. And Financial Literacy is one of the subjects that will make you Rich.


Why Financial Literacy ?
Financial Management, Grow your Money


Financial Literacy is not thought in any Schools or Colleges. It is something which is not thought anywhere, but you can learn it through practice. You can learn from financial mistakes made by others. You can learn it by educating yourself and avoid bad financial decisions. Remember, Life is not about what Good Decisions your take, its about avoiding Bad ones.


How to be Financially Literate ?
Financial Management, Grow your Money


You can be Financially Literate by reading books. Reading not only gives you the required information, but it makes you think from Author's point of view. If you don't have much idea about where to find or buy Good Books, you can follow this Blog for more Financial Information updates every week. 

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