Most of you would have heard about the importance of investing early and reaping the benefits of compound interest. However, the world of investing may be quite intimidating, especially if you’re a student or a teenager!
There may be quite a few terms that you are unfamiliar with.
If you have always wanted to start investing but have no clue on where to begin, let me share with you 12 key steps to help you get started:
Last updated on June 6th, 2021
Do you find it hard talking to others about money?
I’ve had this problem many times. Money can be an extremely sensitive topic to some. Others may feel they do not have the adequate knowledge to discuss about it.
I feel that this boils down to financial literacy.
Being financially literate allows us to:
- Understand how money works
- Develop a positive relationship with money
There have been programmes implemented to improve literacy levels in Singapore. However, I agree with the viewpoint that much more can be done.
Read on to find out more about what financial literacy means to you and why you should strive to obtain this skill!