Finance is one of the most crucial things that a human must know. Our education system doesn’t necessarily prepare us for real-world situations that we have to deal with on a daily basis. Finance is a broad subject and people must understand the basics first.
Basics of Finance
Basics start with managing your own money and how you make use of your earnings. Basics can start with a credit card, investing, and banking; each is connected to your overall financial strength.
Your focus should be on the basic things that are making you financially literate:
Credit Card
When my father was 24, he got his first credit card, which was a small call at that time reason behind the credit card was to learn responsibility with payments .
In my case he gave me credit card when I was 19, it was extreme experince for me because i don't have proper knowledge . I use to pay Credit Card payments on time and my score boosted and today I have healthy credit score all thanks to my dad.