Mika
VIP Contributor
In order to manage your finances, you need financial literacy. Financial literacy means skills to manage your money. This leaves a burning question.
Do you need to become an economist to manage your personal finance?
Well, the truth is you do not need to become an economist in order to take control of your personal finances. You don’t need to study economics in college and university to learn how to manage your money.
What you need is knowledge and skills to minimize your expenses, and maximize your income; knowledge on when to invest, how long to hold your investment, and when to sell your assets.
Do you need to become a financial genius to become an investor?
Well, you don’t have to become a finance genius. Investing is all about putting the right amount of money into the right asset at the right time. You can build your net worth through investment even when you are not a finance guru.
Do you need to become an economist to manage your personal finance?
Well, the truth is you do not need to become an economist in order to take control of your personal finances. You don’t need to study economics in college and university to learn how to manage your money.
What you need is knowledge and skills to minimize your expenses, and maximize your income; knowledge on when to invest, how long to hold your investment, and when to sell your assets.
Do you need to become a financial genius to become an investor?
Well, you don’t have to become a finance genius. Investing is all about putting the right amount of money into the right asset at the right time. You can build your net worth through investment even when you are not a finance guru.