FINANCIAL LITERACY|20% beneficiary to @steemit-pak
The term, “financial literacy” refers to the knowledge or education of basic financial
management principles.This knowledge about correct use of one’s money is God gifted to numerous individuals while some have to do a bit struggle to gain the knowledge about their
one of the utmost salient aspect of life. A
person who is acknowledged about the
legitimate use of money he or she is making
is probably going to be more successful
than the person who doesn’t. As ordinary people, our literacy about finance can be estimated from uncomplicated customs like keeping a track of our expenses, what using a credit cardreally mean and need to spend money thatone or his family doesn’t get affected in any negative way such as getting involved into heavy loan or unfortunately goin through starvation.
From the very beginning we should educate our youngsters about this subject so that they don’t have to endure just because of
their lack of literacy about finance management principles in coming important years of their lives. Because according to surveys people with fancy incomes and higher education are also
prone to financial loss as people with low
income and less education.
“Which money to spend where?”
These four words are found stressful by
uncountable breadwinners. This may look
like an uncomplicated issue but it surely
isn’t as an income of one inhabitant of the
country is severe helpful in building the
economy stronger so the financial state of
the country doesn’t go in disarray.