facebookHow and where is financial education knowledge gained? - Seedly

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Chloe Z

10 Feb 2021

βˆ™

Retirement

How and where is financial education knowledge gained?

I am in quarter life but little savings, looking to amp up my engine and multiple dollar value?

Discussion (10)

What are your thoughts?

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Thanks all for the suggestions. I also want to know how and where I can gain financial education knowledge. You all gave me very useful information. I am a college student and it is hard for me to gather my college fees that is why I am searching for it online. When I was searching for it online, I also found a site where I can read legit edubirdie reviews . I want to hire an essay writer but I don't have enough money to waste that is why I want to make sure it is worth taking help from the essay writer whom I choose.

Fahmiin

10 Feb 2021

Back End Engineer at Seedly

Youtube is one, articles is another. Another good platform will be (of course) on Seedly! Just choose your method of absorption and keep at it a little every day. Knowledge will accumulate over time as long as you don't let it stagnant.

I would say start by reading finance newspapers such as Business Times and Financial Times. There is a lot of information about companies and about the macroeconomic environment. I especially like Financial Times simply because it is more opinionated (versus Bloomberg news which are mostly data points).

Once you get into the habit of reading, try to make sense of things and how things are intertwined. With that, naturally you would have gained more financial knowledge and would be able to spot pockets of opportunities.

Don't be afraid to start investing in small amounts. It's a learning journey and over time you will learn from your mistakes and make better investments.

Sharon

10 Feb 2021

Life Alchemist at School of Hard Knocks

Step 1: Increase your income. How? Increase the value you can bring to your employer

Step 2: Increase your savings

Step 3: Reduce your expenses

Step 4: Once you've done the above, learn how to invest and make your money work harder

Rinse and repeat. The above steps are very simple instructions but how to execute and see it through long-term for each step is the challenging part.

If you want to accelerate your learning, you can check out Dr. Wealth's Personal Finance Masterclass paid online course at https://www.drwealth.com/personal-finance-maste... So far, Dr Wealth is the only place I come across that they offer such a structured course in personal finance, tailored to Singapore context.

Knowledge is power. Sometimes, it's good to pay for information than spend countless time trying to figure it out on your own.

Time = Money. You will want to execute the right actions swiftly and effectively.

You can also read this article and obtain the excel sheet for a start: https://www.drwealth.com/check-your-financial-h...

All the best!​​​

Hi there,

The internet has a wide range of resources. It does help to cross compare the information...

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