Without an understanding of basic financial concepts, people are not well equipped to make financial decisions related to financial management.

People who are financially literate have the ability to make informed financial decisions regarding saving, investing, borrowing, and more.

Today we talk about:

• The mass majority can't save $1,000 in their savings account.
• How we go broke trying to put on a persona on social media.
• Doing regular financial audits on your spending.

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