Understanding Money
Why is financial literacy important? Money is not important; it is the value it has that makes it important. We give the money value by using it constantly. For example, when I go to the store to buy a bag and see a bag I like before I see that bag, other people have already seen the bag. If the bag was still there when I saw it in the store, it means that the people who saw it didn't have value for the bag, but now that I have seen the bag and liked it and am willing to buy it, I am giving the bag value. But before that, I must first decide things like whether I need it or want it, how long it will last, and whether I can afford to buy the product. Advantages and disadvantages of understanding and lack of understanding of money The advantages and disadvantages of understanding money are many and can be seen every day in our lives. For example, before going to college, I needed to pay and withdraw money from the bank multiple times. While doing that, I also needed to fill out my ta