Why Financial Literacy is so IMPORTANT
What's Good Cannon Movement FAM!!
Lets get straight to it!!! Being Financial literate should be a goal in one's life just as being fit is or being a famous musician or actor is.
Without the financial fundamentals in place you'll see the very dream or goals you've worked so hard for dwindle financially. "How can that be" you ask. Easier than you think actually, I could give countless examples of your favorite athletes or favorite artist or lottery winners. But I'm sure you are aware of people who have lost millions and millions of dollars. You might even be one of the people who would say that will never be me, I would never lose all that money etc. What you have to realize is the people it happens to 9/10 are thinking the same thing. They don't intend to be broke but their mentality is still in a broke person's state of mind. Which there lies the problem and shows why a fool and his money will always be separated as the saying goes.
Now how do you avoid this from happening to you? I'm glad you asked, You have to teach yourself everything about financial literacy. Don't rely on others solely to control your money or finances, I don't care their title. You need to know as much as possible about how your money is invested and how it will affect you and the generation when you pass away.
Be smart and be wise and commit yourself to being a lifelong learner. Stay tuned for tips I've learned over the years and things to avoid!!