Financial Education | Basic skills and knowledge on economic and financial issues

in Project HOPE14 days ago

Very little is said about the importance of financial education in society, and it is precisely this lack of clarity on economic and financial issues that has triggered so much poverty in the world, since financial education allows people to acquire basic knowledge and skills to better manage their resources.

Source ( regtechafrica )

In addition, having basic skills and knowledge on economic and financial issues, increases and protects our assets with the help of the proper and responsible use of financial products and services, financial education is increasingly necessary to ensure your well-being.

For this reason, the importance of financial education is a very relevant aspect in society and in the life of any person, since it helps to make better decisions, to the good way to manage or allocate money, this contributes to an improvement in the quality of life that leads to the development of a good savings or capitalization that allows you to make an investment in the future.

There is no doubt that financial education allows you to have in your hands the tools to know what to do with your money, how to make the most of it, how to invest it and the best of all is that you can put it to work for you, thus allowing you to fight inflation and make sure it does not lose value over time.

Source ( lloydsbankinggroup )

In this order of ideas, it is not necessary to be an expert in finances, nor is it necessary to risk your patrimony or make large investments, the only thing you need to have is enough knowledge to be able to make the best financial decisions.

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