Post
Topic
Board Economics
Re: The Role of Education in Financial Literacy
by
Albarq
on 26/04/2024, 12:13:36 UTC

this sums it all up.

Knowledge comes first before venturing into wealth creation. It becomes more easier acquiring wealth when you already have the knowledge regarding how to go about it. In the world of cryptocurrency and tech in general, knowledge is the number one factor that will guarantee you success or failure in the chosen field. If you just want to invest in cryptocurrency without doing the necessary research and learning from people that are already in the field, you will end up insisting in shitcoins and after experiencing your loss, you will join the clueless folks out their that feel that all cryptocurrency are Ponzi schemes .

In terms of education, that is the priority, but the most important thing is that direct experience is one of the best ways to learn when it comes to financial literacy. I have to understand the basics of the importance of financial management from the start. It is more important to have financial discipline to manage income and expenses well as digitalization advances. The world doesn't care how hard you study, the most important thing is that you understand it, however, we are required to look for good and accurate information.