In a nutshell, financial literacy means having the knowledge of how money works and being able to make sound decisions about your personal finances. In other words, it means having the ability to understand financial concepts such as budgeting, saving, and investing, and to apply them in your daily life so you can confidently manage and grow your money.Many school leavers do not learn about how to make money or manage their personal finance. In some cases, parents do not even teach their kids money management skills and how to create wealth. Or sometimes, those parents who do, youthful exuberance would make their kids not remember a thing about personal finance. When you enter the real world, that is, when you are above 18, there is a couple of things you are expected to know, including financial literacy. If you are within 18-25, this book was written with you in mind.
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