One main variable of financial literacy is financial skills

[Starmix]

Financiall skills are required to become financially literate. How to acquire financial skills? Does it require us to attend trainings engaging on financial literacy? Yes, you may do it. There are trainings on this. You can also approach a family member who owns a business to coach you.

The best step is to start savings and investing. These lead you to acquire financial skills.

 

[Suba]

I agree with you, one of the main variables of personal financial literacy is financial skills. Even though we have mastered personal financial skills, there is a more important factor, namely compliance with the plan or budget that we have made.

 

[eLdavis]

Yes I have to agree with you on the aspect of acquiring these financial skills through professional training or by seeking guidance from does with experience. Without these financial skills it would be impossible to fully make use of any money making opportunity we have both online and offline.

 

[Starmix]

It is very important to have financial skills. Through it, we will know how to manage our finances well and how much savings will we set aside. We can do it gradually.

 

[freelancermaria]

We must gain financial skills if we want to improve our finances. You can attend seminars, read books, visit financial-related websites, and get a mentor.

 

[Starmix]

We need to be financially skilled to become financially literate. Many receive good salaries but they do not have any idea on what to do with their salaries except to spend up to the last centavo. Some of them do not have financial skills.

 

[magnus2022]

Financiall skills are required to become financially literate. How to acquire financial skills? Does it require us to attend trainings engaging on financial literacy? Yes, you may do it. There are trainings on this. You can also approach a family member who owns a business to coach you.

The best step is to start savings and investing. These lead you to acquire financial skills.

I never heard about financial skills. What do actually mean by financial skills. I doubt if there is school where such course is been given.

 

[Starmix]

I never heard about financial skills. What do actually mean by financial skills. I doubt if there is school where such course is been given.

Financial skills are a set f hard and soft skills required by individuals who work in the financial industry. It is the ability to use relevant skills and knowledge to understand and manage unpredictable financial situations and transform them into successful ventures.( https://ca.indeed.com. )

 

[magnus2022]

Financial skills are a set f hard and soft skills required by individuals who work in the financial industry. It is the ability to use relevant skills and knowledge to understand and manage unpredictable financial situations and transform them into successful ventures.( https://ca.indeed.com. )

Thanks for the explanation. I have to update myself throughly. It seems am lagging behind.

 

[Starmix]

Thanks for the explanation. I have to update myself throughly. It seems am lagging behind.

There are many valuable things we learned in forum sites. It's so interesting to have been a part of a forum.

 

[Augusta]

Of course one need to have the financial skills to get things properly with one finances. This can be done with the right skills

 

[Starmix]

No skills in financing one finds it hard to move. There's always hesitation because of doubts. It's best to observe first or ask for guidance. You'll get inspiration from those who will help you.