What is Financial Education and why is it important? Learn the importance of financial literacy!

What is financial education and why is it important?

Financial education is the process of learning about personal finances and how to manage them. Financial literacy is a term often used interchangeably with financial education, but it’s actually more.

However, many aspects of your finances can be improved just by learning more about them

Financial education is important because it leads to discretionary income and freedom.
Financial literacy, which includes financial education, allows people to make better decisions with money and ultimately helps them reach their goals.
It also allows them to reach a higher quality of life by being set up for success.

The most critical aspect is to understand how to manage your money by understanding debt, and credit scores, giving yourself guidelines on how much money you make and will spend on certain things, understanding inflation, etc.

This video will teach you the different aspects of Financial education.

Financial education can boost your confidence, and also allow you to make decisions on investments and manage your Money.

Enjoy !! 👍
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🕐 Time Stamp:

00:00 Introduction
00:50 What is Financial Literacy?
01:52 Personal Financial management.
02:27 Importance of Financial Literacy.
03:10 How Many People Are Financially Literate?
04:39 How to support the channel? 🤑
04:52 Benefits of Financial Literacy
06:08 Investing
06:47 Budgeting
07:26 Borrowing
08:05 Emergencies
08:51 Taxes & Levies
09:31 Debt
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DISCLAIMER: We are not financial advisers. These videos are for educational and entertainment purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your responsibility.
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