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Financial Literacy: A Guide to Asset Protection and Financial Security
By Elaisha Bell
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About this ebook
Okay so you made the money but how do you manage it and keep it safe? A lot of people are unaware of how to actually manage their money and keep their assets protected. That's what this book is about, teaching those who are uneducated how to level up when it comes to protecting our precious funds. How we can we make our money work for us all the while keeping it safe and minimizing unnecessary risks? Keep reading to find out.
Financial Literacy; A Guide to Asset Protection and Financial Security
Copyright © 2025 [Elaisha Bell]
All rights reserved
ISBN: 978-1-300-48805-7
Financial Literacy; A Guide to Asset Protection and Financial Security
Copyright © 2025 [Elaisha Bell]
All rights reserved
ISBN: 978-1-300-48805-7
LanguageEnglish
PublisherLulu.com
Release dateMar 9, 2025
ISBN9781300488057
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Book preview
Financial Literacy - Elaisha Bell
Financial Literacy: A Guide to Asset Protection and Financial Security
Copyright © 2025 Elaisha Bell
All rights reserved
ISBN: 978-1-300-48805-7
Chapter 1: Introduction to Financial Literacy
Financial literacy is understanding and effectively using various financial skills, including personal financial management, budgeting, investing, and saving. It is the foundation upon which financial independence and stability are built. In today’s world, where economic decisions impact nearly every aspect of life, being financially literate is no longer a luxury—it’s a necessity.
Financial literacy gives individuals the knowledge and power to make the best choices about their money. Whether managing a monthly budget, making investment decisions, or planning for retirement, having a strong financial foundation can lead to a more secure and prosperous future. Without financial literacy, people may struggle with debt, live paycheck to paycheck, and find it challenging to achieve their financial goals.
Many people assume that financial education is something only accountants, bankers, or business professionals need. However, financial literacy is crucial for everyone, regardless of profession or income level. Consider the common financial challenges that people face daily.
Many individuals accumulate debt through student loans, credit cards, and personal loans without a clear plan to pay it off efficiently. Without a budget, it’s easy to overspend and live beyond one’s means, leading to
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