LOF fans, our 101 series helping you understand life lessons is back this week with Securing the Bag with Financial Literacy! With proper financial literacy, you will be able to invest and save money wisely resulting in you securing the bag $$
What is Financial literacy? It is the confluence of financial, credit, and debt management knowledge that is necessary to make financially responsible decisions—choices that are integral to our everyday lives.
A lack of financial literacy affects people in developed or advanced economies, as well as those who live in emerging or developing countries. In sum, financial literacy has a material impact on individuals, families, and businesses: balancing a budget, buying a home, running a business, funding their children’s education, and ensuring an income for retirement.
My guest Michael Hsu is an entrepreneur and CFO. He built a financial consulting firm called DeepSky working with entrepreneurs advising their multi-million businesses through s...