Financial Literacy

Financial Literacy

Not a financial advisor Luka Šauperl

Can money bring happiness?

Yes

No

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Wikipedia definition

Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources.

Investopedia definition

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. The lack of these skills is called financial illiteracy.

Do you track your expenses?

Yep

Nop

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Golden rule
(one of many)

A basic principle that should always be followed to ensure success in general or in a particular activity

Time IN the market beats TIMING the market

Important!

Inflation, Compound Interest, Diversification

Inflation

Compound Interest

Diversification

Do you consider yourself financially literate?

Yes

What's that?

No

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Don't take life too seriously