Financial Literacy
Wikipedia defines financial literacy as the ability to understand finance. More specifically it refers to making informed and effective decisions through a better understanding of their own finances. Most advanced countries like USA, UK, Australia spend millions of dollars on personal financial education.
Financial Literacy consists of the following basic topics:
1) Savings & the effect of compounding
2) Managing Loans and Interest Rates: Using Credit Wisely
3) Inflation and the need to invest
4) Investing Wisely: Making your money work for you
5) Putting it all together: Making Informed and Effective Decisions
New into Finance
Here are a few things for you to look at to help you get started into the world of finance.
General Guidance: Some general information about things to keep in mind and some tips about getting started into the world of Finance
Suggested Readings: A brief description of some of the books that we have found helpful to get started into the world of finance
Personal Finance: (Coming Soon) Some tips on managing one's personal finance in India