Financial Freedom Tips on What’s Financial Literacy?

“I believe that through knowledge and discipline, financial peace is possible for all of us” (Dave Ramsey).

financial literacyFinancial literacy begins with the desire to become financially free.  It’s the process of understanding how money works and how you can  make it work for you instead of you working for it.

Financial literacy may include topics such as personal finance and sub-topics such as earning, giving, saving, investing, real estate, insurance, tax planning and retirement.

It also involves general knowledge of financial concepts such as compounding interest, financial planning, debt management, consumer rights, time value of money, etc (Wikipedia.com).

Financial literacy is important because it’s the foundation for financial freedom. Without such knowledge and discipline, you will not be able to manage your money effectively. And if you don’t manage money well, it will soon find another manager.

You may have heard of some people who won millions overnight only to lose all the money in less than a year. Why is that? It’s simple. They lack the financial literacy required to manage their new found wealth effectively. If you want to achieve financial freedom, you must begin with financial literacy. In the next session, I’ll highlight some of the pillars of financial literacy.

Your financial freedom begins in your mind. If you change your mindset, you’ll change your life! Financial literacy will transform your finances!

Ready to take control of your life?

Let’s get started now! Visit CoachJamesJustin.com!

Coach JamesFinancial Freedom Tips on What’s Financial Literacy?

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