Financial Literacy: The Reasons Why You Need To Know The Rules

Financial Literacy: The Reasons Why You Need To Know The Rules. Financial education is very important because it can affect how much you earn, how much you spend, how much you invest and how much debt you get into. If you are concerned about reaching financial independence then you should learn financial literacy so that you can manage your money in a way to achieve your financial goals. Being financially literate is a life skill that once you learn it, can be life changing. Gain the knowledge and skills you need to improve your credit build wealth. The wealth twins are here to help you.

#financialliteracy #financialgoals #wealthtwins #moneytips #personalfinance #financialeducation

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We are Nadia and Nicole and on the Wealth Twins Channel we are dedicated to increasing your financial independence. We create videos that will potentially help you reach financial independence, build wealth, and create generational wealth. We teach others how to invest money in the stock market and wealth building through the accumulation of passive income producing assets.

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DISCLAIMER: The Wealth Twins, including but not limited to any guests appearing in our videos, are not financial/investment advisors, brokers, or dealers. Our videos are for educational purposes only. They are solely sharing our personal experiences and opinions. There are financial risks associated with investing. All investments involve risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. In order to make the best financial decision for your own needs, you have to conduct your own research and due diligence.

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[WealthTwins]

Do you believe it is important to become financially literate?

[lg]

I love both of you, and I know your parents are very proud of your accomplishments!

My father told me many times to save my money, and there is nothing around our small town in southern VA. I took his advice and joined the Air Force and learned how to invest in the stock market from one of my supervisors (Tom). This was 47 years ago in beautiful sunny, Athens, Greece.

I returned Tom the favor many years later. I educated him about Veterans Administration disability benefits, and I processed his claim for $4K per month, and he received $28K in back pay, all tax-free.
What a great feeling to give back. Thank you for the videos! God is good!

[ronaldcambridge]

Yes, being financially literate is enormously important! So important that it should be among the highest priority for parents to cultivate it as a matter to drastically improve their lives as well as a legacy for their children ( not to mention generational wealth). Simply put, it's just a matter making efforts to truly learn and acknowledge how to spend, save, and invest while making it a family affair. And there's absolutely no excuse for not being financially literate with all this financial information literally at your fingertips.

[valeriemccallnxhfbfhddhd]

This was very helpful and nobody tells you to read up on financial books or take some classes. I appreciate your honesty about financial literacy. Thank you 😊

[blackjag]

I was buying cashier checks from the back for 8 dollars because I didn’t use personal checks. I was sending the check via USPS for 7 dollars. This is 15 dollars a month. I then learned that my bank allows me to send checks from my account without any additional charges. 15 dollars saved a month😀

[celiagodinez]

What did I liked about the video- it shows how some people have a disadvantage cause they were never shown financially literacy and they don’t know how to budget and work well with money

What I learned from the video- credit score can effect a lot more then most people think it’s very fragile and important that it effects what cars, houses and sometimes jobs you can get if your score is low

[paulhenry]

Great insights…if there isn’t already, there should be a required financial literacy course in high school.

[Kash_Budgetz]

Thanks this will be one of my two books to read for finacial literacy 🎉

[pedroblanco]

Thanks for publishing this with Spanish subtitles! (I'm Like # 157)

[QuintessentialRoots]

11:41 can you recommend books to get started with for investing? I have borrowed books and bought books that really didnt help me.