💰Implement a zero-based budget as the foundation for winning with money.
🗞️Consume financial news regularly to stay informed and have meaningful conversations about money.
📊Become educated and confident in making wise investment decisions based on historical data.
📚Follow trusted experts in personal finance to gain valuable insights and perspectives.
💰Research savings options, such as high-yield savings accounts, to maximize your money's potential.
Why is budgeting important for financial literacy?
—Budgeting is the foundation for winning with money as it helps you assign every dollar to a category, making intentional spending decisions.
How can consuming financial news help me?
—Regularly consuming financial news gives you a broader understanding of the market and helps you make informed decisions and conversations.
Why is being wise with investments crucial?
—Being wise with investments means sticking to a proven strategy and understanding historical market trends for long-term financial success.
Why should I follow trusted financial experts?
—Trusted financial experts provide valuable insights, tips, and guidance based on their expertise and experiences in personal finance.
What are the benefits of researching savings options?
—Researching savings options allows you to find accounts with higher interest rates, maximizing your money's growth potential.
00:00[Music] A viral video claims that 40% of the world is financially illiterate, costing the average adult $110,000 in 2022. This video shares six ways to become financially smarter. The first way is to implement a zero-based budget as the foundation for winning with money. The second way is to consume financial news regularly to stay informed. The third way is to become wise with your investment decisions based on historical data. The fourth way is to follow trusted experts in personal finance. The fifth way is to research savings options to maximize your money's growth potential. And the sixth way is to understand your personal money tendencies to take control of your money.
08:47[Music] Love
