I came across this wonderful article on The Star Online published last Saturday – ‘Creating a financial future through wise financial management today’.
Personally, I think this is a great article on financial education.
Though just in 9 paragraphs, almost all the important points about money management are mentioned:
- differentiating needs and wants
- setting financial responsibility
- saving a certain portion of salary
- creating an emergency fund
- creating and sticking to a budget
- resisting impulse buying
- using credit facilities wisely
This article is easy to understand and with consideration of modern life which make it more real-life.
I love the 2 words used in this article: Financial Responsibility and Money Managers. A person who is financially responsible mostly will not be miserable when coming to money management.
That is an important part of life.
On Money Managers, everyone is a money manager himself or herself. We are all money managers. Let’s learn to better manage our finances.
