Lane De Amor Gervacio

IT-1

Financial Literacy

From my personal standpoint, Financial Literacy has definitely a part to play that
prepares us with the intuition and skills we need in administering our finances
effectively. Without it, our financial judgments and our actions are not enough for us to
build a good starting point for success. Apart from this, financial literacy is indeed an
interesting one as it tackles money and finances that prepares us for the future ahead of
us.

Financial literacy is far different from other branches of mathematics. We cannot

always incorporate calculus, algebra, and whatnot in day-to-day reality. That is not
always the case. For instance, as a college student, financial literacy is essential
because, with an eye toward surviving your entire college journey, you have to have
these two things– good grades and money. That is why being knowledgeable enough to
handle your finances as early as now would significantly impact you not dropping out of
college. Moreover, as we grow older, we are expected to be more aware of our
expenses and worry about the future. We are also expected to be understanding more
the value of money and being savvy consumers. So if everyone masters the art of
financial literacy and is interested in learning about it, it will certainly teach you how to
be practical with your financial status so that you can fulfill more goals and the goals
you do have. Particularly, as a student, we can cultivate healthy habits of saving toward
goals – doesn't matter if it would be short-term or long-term goals. Additionally, we failed
to learn with this higher-level branch of mathematics because we couldn't guarantee to
make a ton of money in 5 to 10 years, right? But by just having to get the hang of
financial literacy and learning what you can make to help oversee your life through it,
you surely can attain things a lot sooner and successfully.

I firmly stand that we should put forward the topic of money out of the shadows.
At present, everything revolves around money; that is why it's to everyone's benefit to
know a thing or two and be smart and practical when it comes to money to achieve
stability in life. Plus, not everyone wants to be an engineer or whatsoever to study
things relevant to the aforementioned field of choice. Also, in day-to-day life,
unconsciously, we are becoming financially literate, such as merely cutting unnecessary
things out of our budget. We realized it's taking most of our expenses, and it is not as
important as we think it would be. Understanding one's finances would lead to attaining
financial success and a much better life.