Financial literacy is a tool to acquire knowledge and skills needed to make important financial decisions. Our personal goals and dreams are unfortunately not independent of financial matters. The choices we make with the resource we have matter in the short and the long run.
Introduction
Self Learning
Reflect on your goals and dreams:
- What would you like to be able to do?
- Why haven’t you started?
- How can you reach your goal?
- How much money do you need to reach that goal?
To solve the questions above, remember the PACED method (define problems, alternatives, criteria to evaluate them, evaluate, and make a decision). Think about the benefits of rational decision-making for your personal finance.
Test
How does the PACED method compare with the way that you usually make decisions?
Great! Why not learn more about the importance of financial literacy?
If you’re not quite ready yet, learn more about the importance of financial literacy or send us your questions.
Goals
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Next levels in your learning journey
Consumption
Learn more about planning a purchase, dangers of over indebtedness, the tips and tricks of advertising, your consumer rights, and obligations.
Budgeting
One skill that is often overlooked but is crucial for financial wellbeing is budgeting.
Saving & Investing
Investing is one of the best ways to build wealth and save for your financial goals.
Risk Protection & Insurance Literacy
Learn more about risky situations in your everyday life, how to deal with risks, and the consequences of risky behavior.
Sustainability
Learn more about sustainability, which considers the needs of present generations, without compromising those of future generations.
Digitalization
Digitalization opened doors, not only for advancement and comfort, but also for dangers.