I’ve been doing a lot of reading in the past few months.
I realized that my financial knowledge is not wide enough. I may know (or I think I know) about interest rates or minimizing debt, but I realize that there is so much more to learn.
From what I have read so far, one of the best investments we can make is investing in our minds. Investing in our financial education will help us make better financial decisions and filter out the scams.
If we are starting out in the world of investment and wealth building, we should ‘invest’ our time and money in financial education before we invest a single ringgit.
It really pays to know what you are doing. If you know what you are doing, investment becomes less risky. You can then maximize returns.
In the course of my reading frenzy, I have discovered that I have made some mistakes in my investments.
All that time wasted (although I didn’t lose money). But my returns could have been better.
It is with this frame of mind that I wish to share some of the wonderful resources that I have found. In the next few weeks I will begin a new series called Personal Finance Education.
I hope to share some important investment concepts that I’ve read about. I will also do some book reviews. Finally I will let you know some frugal ways to increase your personal finance knowledge.