Learning Personal Finance

Okay I admit, I am not a graduate of any business course like you do. I am technically an engineer and have not learned any single thing about personal finance from my elementary, secondary and college education. It is only until I have read a book about financial freedom and a book where a maid invests in the stock market that I realized that everyone should learn personal finance. Personal Finance by definition refers to the financial decisions which an individual or a family unit is required to make to obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. Why do we need to learn Personal Finance? Let's accept the reality that from day to day we use money in almost all of our daily tasks. From eating our breakfast, to going to work, to taking snacks in the afternoon, and to going back home for dinner - we need money. We also need money in getting the basic necessities in life - food, shelter and clothing. We need money to survive. Personal finance helps us decide on what to buy or not. It helps us determine the course we want to take each and every day of our lives. Having these realities in mind, we can say that learning personal finance will lead to better decisions you make daily. I personally promote that everyone should at least learn the basics of personal finance - how to budget, how to save and how to invest. How to start learning? You don't have to enroll yourself in a course that teaches personal finance. It is not necessary to spend money attending trainings and seminars by the so-called 'financial gurus or experts'. The internet age has given us the advantage of learning almost everything via the world wide web. What you actually need is just a computer with an internet connection to crunch up the basic to advance concepts. I have self-studied the basics on my own and still learning until today. Take note, I am not a business major graduate. Here's my personal list of on-line resources when you want to start learning personal finance. Personal Advice Start your journey to financial freedom today! Don't wait until the next payday. Do not wait until you paid all your debts. Don't wait until a specific age. Do not wait until you have your own family. Starting is the hardest part in this journey, if you happen to pass thru this stage - it would become addictive and will totally pay off someday. Start now!

Mark Hugh Neri

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