Financial literacy means knowing about your income / budget and being able to manage it effectively. Financial literacy enables a person not only to be able to finance his income wisely, but also to make the right investments and savings.
What Should People Who Want to Be Financial Literate Pay Attention?
• A part of the income should definitely be reserved for savings,
• A payment plan should be made by writing the expenses,
• Absolutely no spending more than income,
Financial plans should be long-term and realistic,
• Budget plan should be prepared annually,
• Expenditures in the household should be taken under control,
• Children should also be included in the discussion of the household budget,
• Regardless of our financial situation, we should make it a habit to be economical.
We have to forget that saving is actually a managerial skill. Although it seems simple to be able to manage expenditures and control our own desires, we can spend on products and services that we do not even think of. Therefore, it is possible to learn the key points of saving and investment with financial literacy training.
Saving is an action that also contributes to the long-term economy of the country. It is possible to move from the consumer society to the information, economy and technology society by avoiding unnecessary expenditures. Today, when we look at developed countries, we see that they create savings funds in personal and corporate terms, their retirement plans are up-to-date, and there are recycling systems for all kinds of materials. We, too, must start from our own household to proceed on this path.
At this point, when spending, we have to ask ourselves the following important question: Is what we will receive (product / service), our need or our desire?
As the deceased Üzeyir Garih said: "It is an expense, it does not matter; but not to waste "
Financial literacy can be defined as the ability to understand how money is used in the world or the ability of a person to understand finance. Financial literacy includes how a person earns money, manages it, how he invested with it (how he multiplied it), and how he donated it to help others. More specifically, financial literacy is the ability and knowledge that enable an individual to make effective decisions by being knowledgeable with all his financial resources. Today, there are government-run programs in countries such as Australia, Canada, Japan, the United States of America and the United Kingdom to increase interest in personal finance.
The Organization for Economic Co-operation and Development (OECD) launched an intergovernmental project in 2003 to develop financial education and literacy standards through common principles of financial literacy. In March 2008, the OECD launched the International Gateway for Financial Education, which aims to serve as a worldwide clearinghouse for financial education programs, knowledge acquisition and research.  In the UK, government and government agencies use "financial capability" as an alternative to this term: In the UK, the Financial Services Authority (FSA) launched a national strategy on financial capability in 2003. The USA, on the other hand, established the Financial Literacy and Education Commission in 2003.
In this course, you will learn much more, with its sincere expression, from the educators.
You can finish the course whenever and wherever you want, with the advantage of stopping where you want and continuing wherever you want.
With these opportunities provided by technology, you will receive your certificate when you complete this course.