10 Signs of a Financially Educated Person

If you're curious about boosting your personal finance skills and becoming financially shrewd, stick around! We're going to dive into all the essentials you need to know Enjoy!

#Signs #Financially #Educated

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00:00
Indroduction

00:45
What is financial literacy ?
How is it beneficial to you as an individual ?

01:30
SIGN 10
You set specific attainable financial goals

02:44
SIGN 09
You always work with a budget

04:00
SIGN 08
You regularly set aside part of your income for savings

05:30
SIGN 07
You stay up-to-date with finance news

07:05
SIGN 06
You handle your debts responsibly

08:25
SIGN 05
You know and understand your taxes

09:40
SIGN 04
You have multiple streams of income

10:55
SIGN 03
You know your credit score

11:55
SIGN 02
You take steps against identity theft

13:30
SIGN 01
You invest wisely

[BasementBerean]

11. You know what The Fed is, what is does, why it matters, and you keep track of it.

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Global central banks have raised interest rates to balance inflation, but this has overdrawn future economic space. The increase in loan interest rates has increased the financing cost of money, reduced the investment willingness of enterprises, and affected the consumption of residents. Therefore, there will be a period of economic downturn in the future, leading to recession and causing a large amount of unemployment. I have explained this clearly in my video. With the emergence of AI innovation, the cost of supply has greatly decreased while demand has also declined, putting even greater pressure on the economy. Watching my video is helpful for understanding the current situation.