facebookHow do I start learning about personal finance and gain financial literacy? - Seedly

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Anonymous

01 Jul 2019

Retirement

How do I start learning about personal finance and gain financial literacy?

I'm very much interested to begin learning however I don't know how to, HELP pls!

Discussion (1)

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Hi there anon! I recently answered a similar question here, you should check it out: https://seedly.sg/questions/i-have-been-working...

I think the first step to personal finance is to sort out your current financial status according to the 5 verticals in personal finance. For starters, check out these 2 articles!

Next, you should take a course of action based on the 5 verticals of personal finance.

  1. Income: adopt our Seedly 50-30-20 salary allocation model
  2. Expenses: track them with the Seedly App
  3. Savings & Debt: pick a high interest savings account
  4. Insurance: get life & health insurance at the very least
  5. Investment: start reading up about investment options and make a financial plan

Managing your personal finance isn't that daunting, you just have to begin somewhere. I hope I've brought you to that somewhere! You can read up more on personal finance on our Seedly blog, everything is FOC :) All the very best to your personal finance journey!

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