RE: Financial Literacy Is the Next Critical "Skill" to Acquire! * My Hive Goals (Week 10, 2023)

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If we don't become financially literate, every time we see a financial institution, regulated or not, in trouble we will be in a panic state. At this point, financial literacy means understanding that we need to protect our own money. No one will do it for us. The banks are going to get bailed out. They always do. And one party will blame the one before them for the trouble. Financial literacy is part of personal responsibility.
!ALIVE
!BBH
!CTP

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Well said! Financial literacy becomes part of our personal responsibility.

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And then we don't become victims of the institutions that don't care about us anyway.
An added benefit.
!ALIVE
!BBH
!CTP

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In times like these, it becomes even more obvious. But people forget when good times return.

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That is true! We tend to relax our guard when things are going well.
And fail to prepare for the next cycle of not-so-well.

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