This section is devoted to the concept, signs and characteristics of economic literacy; how to manage money, how to increase your income and how finances work. In this case, it is important to remember two main rules. The expenses shouldn't be more than your income. And second, all the difference in plus between monthly income and expenses goes to investments.
Leading economists are not always able to predict financial crises, and they are often justified by the cyclical nature of these processes. It is recognized that there are cycles according to which global financial crises occur, but an accurate forecast is impossible, it is only important to prepare for them. And in our course, we will teach you how to create a base for your family for a secure future through investment.
For example, a comedian who previously earned millions of dollars for one role and was used to living in a big way. Gradually, his talent evaporated and his earnings decreased significantly, which means that there was no money left for his usual life. Such people, as a rule, go into debt, take out loans and do not know how to get out of this situation to the last. This is just one example of financial illiteracy. Next, we will look at how you can apply the fundamentals of economic literacy in everyday life (in work, school, or in your personal life).
To provide yourself and your family with the best things, financial security and stability, you need to know the theory of mindfulness about money, as well as work on the mindset of abundance. There is no need to save on everything, on the contrary, it is better to earn more than spend less. It may seem strange to you, so let's figure it out. And don't forget that financial thinking needs to be practiced. Learn to make and spend wisely, invest for the future and try to increase your assets. If you can start saving money, you will be confident in the future. You will achieve everything you could dream of. Invest and your money will start working for you.