Victoria cracks down on short-term rentals

Although housing and rentals could be a part of Financial Literacy. That is just a small part of the whole picture. There is way more to explore.

If you are content in working for money, so be it. But wouldn't you rather have money work for you?

I'm talking about educating yourself about money!

*Using a credit card or loans responsibly

*Understanding your financial statement

*The difference between an asset and a liability

*The difference between capital gains and cash flow

*The difference between fundamental and technical investing

*Measuring an asset's strength

*Know how to choose good people

*Know what asset is best for you

*Know when to focus and when to diversify

*Minimize risk

*Know how to minimize taxes

*Know how money can help communities and charities.

*The difference between debt and credibility

*Know how to use derivatives

*Know how your wealth is stolen

*Know how to make mistakes

*Etc.

It's important to understand how money works, and part of doing that is by studying how it's worked in the past, present, and see a future outlook.

/r/VictoriaBC Thread Parent Link - vicnews.com