Financial Literacy for Beginners | Crash Course to Financial Literacy

In this episode, we kick off our series "Crash Course to Financial Literacy" with the basics that can transform your financial future. I'm Elaine, a Project Manager by day and a social media activist by night, and today we’ll dive into the fundamentals of financial literacy to help you make informed decisions and avoid scams.

Why Learn Financial Literacy? Understanding personal finance is crucial to avoid being misled by fake gurus and MLM mentors. If you don't learn about money, others will take advantage, charging high fees or selling unnecessary financial products. Knowledge is power, and you are your best advocate!

Spending and Saving Personal finance is about balancing spending today and saving for tomorrow. Track your income and expenses, and make sure your spending doesn’t exceed your earnings. Save what you can and invest wisely.

Investing Basics Investing means putting your money into financial instruments to grow over time. Whether it’s stocks, bonds, or mutual funds, starting early and choosing the right investments for you is key.

Saving vs. Investing Saving is setting aside money for future needs, while investing is about growing your money. Both are essential for a secure financial plan.

Start a Budget A budget is your financial blueprint. List your income and expenses to ensure you spend within your means and save for your goals. It's simple: earn, spend wisely, and save.

Importance of Emergency Fund Build an emergency fund first before investing. This safety net protects you from unexpected expenses without penalties.

Understanding Utang (Debt) Credit is borrowing money to be paid back with interest. Use it wisely to build a great credit history and manage debt responsibly.

Insurance Basics Insurance provides financial protection against unexpected events. Health, life, auto, and home insurance are essential. Remember, insurance is for protection, not investment.

Beware of Fake Financial Gurus Financial literacy helps you spot scams. Don’t trust others blindly—learn to ask the right questions and make informed decisions.

Why We Need to Offend People Don’t shy away from asking tough questions, even if it offends. Your hard-earned money deserves protection, and financial literacy empowers you to make informed decisions.

Remember, financial literacy is a journey. Keep learning, stay informed, and take control of your financial future.

We love getting mail, and would love to hear from you:
As always THANK YOU for Watching.

TIKTOK: investedlifestyle

FACEBOOK GROUPS:
Ahon Pinoy

If you want to know about Ponzi Schemes:

DISCLAIMER:

This channel is an exercise in free speech with an intention of public education. The conclusions and declarations are the opinion of the author. Nothing in the channel constitutes a claim that any referenced company is a criminal or illegal enterprise within the framework of current law and law enforcement. Scams, bad business opportunities, bad investment, and shady are subjective terms that mean different things to different people.

This video does not constitute and is not intended as advice or recommendation regarding investment decisions or strategies. It is not intended to cause any actions by individual consumers other than to consider the information provided. The information contained in this video has been obtained from sources that are publicly available and which the creator believes to be reliable. Some data cited in the report are estimates based on relevant available information.

#FinancialLiteracy #PersonalFinance #InvestingBasics #BudgetingTips #EmergencyFund #AvoidScams #MoneyManagement #FinancialFreedom #FinancialEducation #InvestedLifestyle #SavingVsInvesting #RiskTolerance #DebtManagement #InsuranceBasics #FinancialIndependence #SmartInvesting #WealthBuilding #FinancialAwareness #MoneyTips #Finance101

[InvestedLifestyle]

If you've found value in our free financial education and anti-MLM content, show your support by hitting that 'Thanks' button below!
Your encouragement fuels my mission to spread truth and empower others. Let's continue this advocacy together!
If you want to report scams please go to www.econsumer.gov

[Doussssssss]

OFW kami, and we are in Debt for almost 650k php for the last 2 yrs. Ngayon after ko makapanood ng videos ni Dave Ramsey regarding being Debt Free, unti unti namin inayos ang decisions namin on how to handle our finances. Fast forward til today, almost 75k na lang ang balance na need namin isettle.

Sobrang importante ng Financial Literacy, as a common Filipino, pag magkawork tayo, kuha agad bahay hulugan for 30 yrs, sasakyan for 5yrs, hanggang sa wala ng matira sa sahod mo, yung banko nag eenjoy sayo kasi nga sobrang bano natin regarding finance.

Kabayan! Gising! Praise God for everything that happened, we indeed learned through our bad decisions!

Salamat Invested Lifestyle for this topic, sobrang helpful.

[jeffujotaro]

Financial Literacy should be included in our schools curriculum, that way our children can learn early how to control their spending and being responsible with money and finances, heck even our private and government employees and officials also need it.

[joeybronola]

Oh my God Elaine! You're a blessing to all of us Filipinos! I can feel your sincerity and advocacy! Keep it up! I'm going to have a marathon of your videos to learn more while researching with other reliable sources like yours as well! I will support you the way I know how!
Thank you very much, mabuhay ka- OFW from Qatar

[BHENTECH]

ang daming financial guru matagal ka naka follow sa kaninla bilib na blib sa video pero na realize ko pag bebentahan ng libro nya o kaya online financial courses... etc. tapos sumaskay minsan sa mga trending tulad crypo, forex, games na kikita ka pero puro yung kumita lang ng malaki pinapakita, bandang huli na trap lng pala mas marami na lugi kesa kumita.

[alvinalvz]

mam gawan mo din ng video mga Online loan dami nabibiktima as in lalo mga ofw hinihingan ng 20% down kuno. perfect to sa mga content mo po about financial

[ewehoney]

Thank you Maam Elaine for taking time in sharing your wisdom. 🙏❤

[greatlife]

Again....another powerful explanation about financial literacy.. Basic explanation from Ms. Elaine but very beneficial when it comes to personal financial plan. As always, thanks Ms. Elaine for this to enlighten our kababayans to protect their hard earned money and not be scammed in the future.

[kenshinxian]

salamat sa video na ito almost an eye opener for me

[CheeryMare]

Thank you so much for this videos Ms. Elaine. It really helps a lot of people like me striving to be financially literate and have financial freedom someday. More power and blessings po. ❤

[captainvince]

DepEd should have a comprehensive implementation of teaching students about financial literacy.

[DawnPanizales]

Super thankful talaga sa iyo Ms Elaine, buti nakita ko ang video bago ako mag click send payment sa isang financial literacy middleman (alam nyo na kung ano ito😊)

[angelgracesinina]

Need to makita ng all ang galing nyo po mag explain🙏🙏🙏
Keep on going maam

[patricia-oqmp]

Thank u ms Elaine, u have a kind heart.God will Bless u more❤

[ednagonzales]

Salamat po maam God bless you always. 😇

[mr.rhon]

nalaman ko yung 3 to 6 months emergency fund nung nakapag member na sa img, , 😅 basta inalok agad ako ng kaiser pero madami din ako natutunan in a long run till now member pa din ako ng img, ,

[marvzgutierrez]

Ang bangis ng content, verry helpful sa lahat.!

[neverstoplearningchannel]

Thank you Miss Elaine always watching your vlog❤

[anahidalgo]

Ms. Elaine, thank you so much po! siguro isa ako sa mga POLITE na sinasabi niyo. Na scam ako before and pati mga downline ko and yung isa sa mga downline ko napilitan ako unti untiin siyang bayaran dahil jobless siya and masasabi ko na nasa point siya ng pinaka mababang bahagi ng buhay niya.. Risk taker pa din ako pero mas naging vigilant ako sa lahat ng bagay. Then I saw one of your vlogs na nakapag pa bukas sa isip ko of how to really determine if the platform and/or the project is a scam. Thank you!

[DOM-GREECETV]

Thank you madam sa lahat ng info... Godbless you more...