Contest: The Debate (Week 43); Financial Literacy
How are you all steemians? Hope you all are good and I'm good too Alhamdulillah. Today I am here to share my participation in the contest organized by @sahmie.
The Debate (Week 43); Financial Literacy
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The finance is a field of money. It includes numerous activities like investment, lending money and saving etc. The finance is important to understand for everyone if someone is willing to invest in the business.
An ability to manage financial aspects efficiently. I includes the knowledge about money decisions. It is very important for everyone to understand the finance and to succeed the economy. It involves the understanding of the basics of the financial aspects like investment of money and savings.
Absolutely, the financial literacy is very important. It should be a compulsory subject in the schools and this can make the students ready to negotiate the complications of the personal finances.
By incorporating the subject of financial literacy the students will learn how to address the gap in their financial education. It will be very important to learn the students about the savings, budgeting, investments. By learning these topics in this subject the individuals will learn to know the importance of the savings and investments in their lives.
The financial literacy help us to understand that how the individuals make decisions about their finances .It is necessary to understand the concepts of the money management such as savings, investment, budgeting.
It is also essential to understand that how we can earn money, spend money and how to save money. This literacy is also important to make the individuals understanding about how they can avoid the overspending. It is also significant in our lives to negotiate our event of our lives such as how can we implement our financing such as if we want to buy a home, it is helpful that it teaches us how to deal with the unexpected emergencies in our lives.
Financial literacy plays very important role to inform the individuals about the financial aspects. It enables us to make the decisions which has a lasting effect on our financial aspects.Financial literacy help us to understand the knowledge and skills which we need to handle our finances. The financial literacy plays an important role to educate is about how to invest, save money and help us to deal with the budgeting. This will be useful to adjust our goals based on finances.
Financial stability
Financial security
Reduce financial stress
Professional development
Retirement planning
Support financial future
I invite you to participate
@ashkhan
@m-fdo
@drhira