Similar ideas popular now
Being financially literate goes beyond having a positive bank balance. It means being able to make sense of your financial situation and understand how to control it. It means knowing what investments are right for you and how to manage your money properly.
When it comes to your finances, you need to save first and spend afterward. It’s best to create a budget, set goals and then make sure you have enough savings in case of an emergency such as a car repair or medical bills. It is important that saving is automatic.