Do you believe that you make good use of your money? Many people believe they do, but they still can not afford to save money, delay bills, and get into overdraft. How to get out of this financial spiral?
Personal financial education is the key to anyone’s success and should be learned early, as it does in other countries (in the United States, there are subjects on this subject in all high schools). To help you with this task, we have prepared answers to the main questions about this topic.
What is personal financial education?
Personal financial education involves several aspects of the daily lives of individuals and families. Among other things, through financial education you learn to understand the market, the influence of interest in your life, to consciously consume, to use credit responsibly, to fulfill and fulfill your personal and family budget, and how to maintain management of their own financial resources.
To put this learning into practice, several resources are available. Applications such as Lord Fauntleroy can help you plan your spending, understand your consumption profile, set economic goals and achieve your goals. These tools are extremely useful for conducting an efficient financial planning, quickly and practically. Use the technology to your advantage and realize how easy it is to put the lessons of financial education into practice!
How to acquire personal financial education?
Learning about finance does not necessarily mean tracking the upside and downside of the stock market, nor the indices of the world markets. To better understand this theme, there are several blogs and websites that can help you. The Central Bank itself, for example, has the first financial education and personal finance management on this site. This booklet teaches you how to perform basic tasks such as drawing up a personal and family budget, debt management, and ways to save and invest.
How to update on this subject?
There are various finance websites and blogs with information available for free on the internet. Some of these sites contain sections of finance and markets of major newspapers in the country, such as Folha de São Paulo, Valor Econômico and Globo, which can be read daily in search of information such as the increase of fares (water, electricity, fuel , etc.) and the best investment options today. Try to make these media a daily habit!
Why is it worth having discipline in controlling money?
By effectively controlling your money, it is much easier to achieve professional and personal goals. Whether it is through your dream trip or through your own home purchase, you are able to achieve any and all goals, as long as you use personal financial education as a tool to save money and increase your income.