What is financial literacy?
Financial Literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.
Why is it important to understand?
It is important to understand this literacy because it helps you further understand how money works.
There are 5 main asset classes
- Equity
- Ventures
- Real Estate
- Currency
- Precious Medals
The largest may be Real Estate. Real Estate is worth over 200 trillion dollars. These classes help you to understand how to invest your money and what ways are the most profitable.
