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Increasing financial literacy

image by Susan Yin

One of the questions I get ask very often is what shall I do with this asset and that investment. In addition to his, these words are often repeated by at least 80% of the individuals I interact with “I just don’t know where to start”.

Look at this how you want to, education systems around the world are failing to prepare their citizens for financial success. On the one hand they are very good at producing individuals that do all the wrong things in financial markets… but maybe this is actually the plan.

The Crypto revolution has had an amazing effect on a lot of young people who are starting to see the financial games for what they really are, but like all fine wines, the knowledge required to thrive takes a long time to mature. If you do not come from a financially successful family who have imparted some of the “golden rules” at a young age, then you are going to have to learn the hard way and sometimes buy the time you have learned the lessons required, there won’t be much time to secure you financial freedom.

I will be using this blog to post links and education material that I have personally read, listen to and watched. I’m not convinced that this will help the broader population, but at least its a start and sometimes people just want to be told what to do with their finances and are more than happy to take advice from the experts (don’t forget that these are the very same experts that have not corrected course since 2008).

If anything this will serve as a location to store my thoughts and ideas so that in the future my son and daughter have a reference point to further their studies. Unfortunately I can’t do it for them either … they will have to take ownership for their own decisions and educate themselves.

For further material please see our education page