Attaining and maintaining financial literacy is a great goal. Unfortunately, many who are interested in it don’t know where to begin. If you’re in the same boat, you’ve come to the right place. Here are some resources from which you can learn to be financially literate.
Financial Books
Good financial books, especially those that cover personal finance, investment, saving, and budgeting, are good first steps to financial literacy. Outstanding examples that many financial novices and experts consider life-changing include Think and Grow Rich, The Total Money Makeover, and The Intelligent Investor.
Periodicals
Financial literacy isn’t a one-time process. After all, the economy, economics, finance, and financial tech are ever-changing fields, so it’s important for those seeking financial literacy to stay in the know. One good way to do that is through journals covering these topics. Read them regularly and stay updated when it comes to market shifts, financial planning advice, and developments on the horizon. They also offer expert analysis and practical guidance.
It also helps to look at financial and economic news from trusted journalistic sites. Bloomberg, CNBC, and the Financial Times deliver real-time financial news, analysis, and opinion from experts. Reviewing economic, investment, and industrial trends is faster using bookmarks. With this information, you can navigate the changing financial world. Use your bookmarked websites to learn money management.
Websites
Many websites offer financial knowledge. Investopedia, The Balance, and NerdWallet not only have general knowledge of finance and economy concepts, but also budgeting, saving, and investment calculators and advice. Alternatively, you can also learn more about financial literacy from general knowledge sites such as Wikipedia, Scribd, and the OECD iLibrary.
Aside from the information and advice on finance-related concepts, these sites are a good resource for online financial literacy. Monitoring your money online, understanding how online transfers work, using shopping and budgeting apps, and making sure your data is secure are just some of the things everyone should know to manage their finances effectively in the digital age. These tools can help track spending, set financial goals, help you decide if you should borrow from money lenders like https://legalmoneylenders.com, and protect your personal information from cyber threats while improving overall financial literacy.
Podcasts And Influencers
There are lots of financial literacy podcasts and influencers. Unfortunately, many of them give untested or even unsound advice, so you have to listen carefully to what a particular podcaster or influencer is saying and analyze if it checks out with conventional wisdom, facts, and current living conditions and costs.
If you find podcasts or influencers whose pieces of advice are rooted in practicality and reality, give them a listen. At the same time, you must understand that they don’t give personal advice, so you have to adapt what you hear from them according to your personal financial situation.
Local Events
Check if there are local events near you – seminars, conferences, and workshops – that discuss or even develop financial literacy. There, you can meet financial literacy advocates and experts, and learn tried-and-tested and new tips and techniques on budgeting, saving, investing, and other skills necessary for a financially wiser way of life.
Public Libraries
Public libraries have books and other learning materials on a wide variety of subject matter. That, of course, includes financial literacy. It may seem like an old-school approach to learning more about the topic, but books, especially those only available in libraries, provide valuable knowledge you wouldn’t find anywhere else. Also, contrary to popular belief, libraries also have recently published books.
Conclusion
In today’s world, financial literacy is more important than ever, and your life will be easier if you have it. Thankfully, we live in an age where information is easily accessible. Whether you want to learn through books, podcasts, periodicals, seminars, or a combination of any or even perhaps all of them, what matters is that you’re putting effort into learning things that will help you manage your finances more wisely.