Whether a little or a lot, money will greatly affect your daily life. This kind of thing is also often referred to as financial literacy. Most people feel capable of managing their bills and budgets. However, when it comes to paying debts, choosing products such as insurance or investments, that trust is lost. According to the best financial literacy books: “Get Good with Money,” this is especially true among women.
There are many reasons why adults, especially women, are unsure how to manage their money. For starters, it may be due to the lack of financial education in schools. There are also long-standing societal norms that block the conversation about money and a fear of making mistakes that can prevent you from taking action, such as investing. Overcoming those obstacles takes effort and confronting your fears, and it’s much easier if you take several steps at once.
|100 Financial Literacy Flashcards for Kids and Teens||– Financial Literacy For Kids
– 3 Skill Levels
– Learning Made Easy
– Challenging But Fun
– Designed To Last
– Skill Level: Beginner To Advance
|Financial Starter Kit||Financial Starter Kit: Gain Financial Literacy and Avoid the Pitfalls of the American Dream is a book for gaining a complete understanding of financial literacy||Check Price|
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|Teacher Created Materials 27341 Money MATTERS||This brightly illustrated nonfiction book teaches students how to count coins and the BASICS of financial literacy||Check Price|
Pros And Cons Best Financial Literacy Books
- Challenging But Fun
- Very usefull for kids experience and knowledge
According to “Get Good with Money”, here are four things you can do to improve financial literacy!
Evaluate Your Relationship With Money
Before you start looking at numbers, take some time to consider the emotional side of your finances. You should start by writing about your first experience with money and asking yourself how that experience affected your perception of money today. It can be an experience one had as a child and his relationship with his parents. Did you see your parents struggling? Do you find it difficult to make money?
Negative thoughts like that can affect your mindset. For example, you may find yourself thinking more about the problems money creates than the benefits. The relationship you have with money can literally prevent you from receiving the money you want.
Know Your “Magic Numbers”
How much do you earn? What are your expenses? Knowing the answers to these questions may seem simple, but many people don’t know the numbers very well. The amount of income and expenses is called “magic numbers”. “You should be able to know the amount of income and expenses such as your name or date of birth. How can you be on your way to achieving your financial goals if you don’t know these two things correctly?
Do “Brain Dump Goals”
Every dream that you want to achieve is certainly expensive, even when the dream does not come in the form of money. Let your idea flows. These difficult and unrealistic dreams are “Brain Dump Goals”.