Hello Hive Learners Community! Welcome to my blog. Inflation has taken the whole world into its feathers. Either you are poor or you are rich, you are suffocating by its bad impacts. Instability in prices and Unemployment in every profession are dominating the whole Globe. In these tough Conditions, people have two solutions. Either they give up against inflation or adapt things accordingly. The first solution is for disappointed people while second solution is more powerful that has strong chances for human survival and sovereignty. I shall vote to second option and encourage as well appreciate people in this category. These people instead of becoming disappointed, they learn things quickly how to tackle with inflation effectively. Actually these people are financial literate and know a lot about money management. We should educate our kids about it.
Be Financial Literate
After making a good attention on the Global's Problems, I have reached at a point that a person without shelter can survive while a person who is financial illiterate can't survive on this planet. Financial Literacy is the oxygen for the survival of a man in a society. There are still many people who are unaware about this education. We can't ignore its importance in current era when inflation is ready to crush us.
My age is 26 years now and I have learned how to fight with poverty and inflation. If Modern kids asked me to advise something then I shall like to deliver a lecture on Financial Literacy. It is the most underrated subject but is very important. Either we have 500 HBD or we have 10 HBD, we should know their management. Without managing money, we can't expect happy and smooth life. I shall like to spend hours on delivering a beautiful speech on this topic. When you are money then you can do many things. My speech will target following parts regarding this topic.
- Spend less and Save more
- Invest your time and money in trustable projects
- Take no loan or less loan
- Don't keep money in Fiat, better change it into Cryptocurrency
- Make a monthly Budget and spend control expenses and income accordingly
Above things are backbone in Financial Literacy. If we have priority for spending a happy life then we should make ourselves aware about it.
Conclusion
Good words full of ideas are the best help for the people. It is not essential to help people by money. If we have good ideas then we should incorporate them into people's minds. In couple of years, I have been struggling with money management. It was tough time in my life when my friends were doing party while I was wondering for night breads. Sometimes my expenses exceeded my income and sometimes I was unable to buy things at the same rate as I bought previous week. Hence, I shall advise and assign my kids different learning aspects of financial literacy. They should learn it as their basic education. A better money management will bring a better future. I hope, every parents in their world will provide education to their kids about this important topic.
My this post is my entry for HL Weekly Featured Content For the Coming Generation. I hope, you will enjoy my post. Thanks!
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