Financial Literacy - 5 Ways to Become Financially Literate

Awesome that you want to get started with learning about finance! We are excited to help you get started on your financial literacy journey :)

If you are still unsure about what is Financial Literacy and why should you brush your financial knowledge, then check out our blog right here:

What is Financial Literacy?

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Now, as you become financially literate and accomplish more with your money, you may want to test different ways of making your money work for you. When you begin considering more complex solutions, your old place of “financial literacy” isn’t sufficient anymore. You need to up your game.

So think of financial literacy in stages rather than as a destination. You don’t arrive at financial literacy; it’s a skill you build throughout your lifetime.

So, wherever you are on your journey, we have some five basic ways to uplift your literacy game.

Hit the Books - Finance books will be the key to your quest to move ahead in your financial future. Learning about personal finance is necessary at every stage of your life and is crucial for someone who does not come from a financial background. Dedicate a minimum of 1-2 hours each week to read about how to manage your money effectively.
Subscribe to Newsletters and Podcasts - Books are useful, but subscribing to financial magazines and online publications can be equally crucial to your financial education. The same for podcasts. They can be a great way to soak up financial news.
Take a Financial Literacy Course - Besides books and online subscriptions, you can also get involved in a financial literacy class or course, whether at an online school, college, or even an adult education centre. Many are paid, but there are some free courses online that you can explore too!
Download Wizely - At Wizely, we believe that financial knowledge can help you make better financial decisions. So we created 'Learn and Grow' within the Wizely app where you can read up on all kinds of financial topics, watch fun videos, take quizzes and make your financial decisions with ease. So go ahead and download the Wizely app from the link below.

5. Talk to Financial Professionals - A financial professional can answer your questions, whether it is about the basic day-to-day money situations or more complex long-term scenarios. He or she can also assess your current situation, help you make a plan for all of your financial needs and help you stay on track going forward.

Whatever your level of financial literacy, it’s essential to keep your knowledge base growing. The key is just to start! Knowledge is power and can help you make more wise and confident financial decisions.

Follow our 'Financial Literacy' blog series:
What is Financial Literacy?
Learn & Grow Your Financial Knowledge with Wizely