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FINANCIAL LITERACY?
Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.
Ark takes investments seriously and wants to prepare all its partners fully, so before anyone is involved with it it takes them through financial literacy workshops to unlock an understanding of money management.
Money is a game that requires one to play with wisdom. According to Wikipedia, financial literacy is the ability to understand how money works in the world. How someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.
WHY FINANCIAL LITERACY?
Financial literacy gives our clients the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy is the foundation of your relationship with money, and it is a lifelong journey of learning. The earlier you start, the better off you will be because education is the key to success when it comes to money.
Read on to discover how you can become financially literate and able to navigate the challenging but critical waters of personal finance. And when you have educated yourself, try to pass your knowledge on to your family and friends. Many people find money matters intimidating, but they don’t have to be, so spread the news by example.
