Let’s be honest: the modern financial world can be scary, unpredictable, confusing and at times, even predatory. Unnecessarily so, because financial basics should be taught in schools, and we’d all be better off!
There is, however, an element of intentionality to the system and how it is set up: the more confusing the whole thing can be, the more vulnerable we will all be to scams, fraud, political propaganda and so on.
Even a basic understanding of financial literacy can prevent us from making costly and regretful mistakes, from improperly handling our money to preparing for emergencies and even having the confidence to hold our own at work. It is imperative that we learn to stretch the muscle of financial literacy, at best we can, so we can approach major life steps and decisions with greater security and less defencelessness.
