How to build your financial literacy
If you’re feeling overwhelmed, start small. You don’t have to know everything at once. Focus on these practical steps:
-
Learn the basics – Understand what stocks, bonds, ETFs, and risk versus reward mean. Start simple and build your foundation step by step.
-
Use reliable sources – Social media is full of opinions, advice, and trends—but not everything is accurate. Look for verified blogs, educational videos, or reputable financial platforms.
-
Start with small investments – Even a small amount teaches lessons books can’t. You’ll see firsthand how markets fluctuate and how decisions play out.
-
Recognize behavioral biases – We’re all prone to FOMO (fear of missing out), overconfidence, or panic selling. Being aware of these tendencies helps you make better decisions.
-
Stay scam-aware – Financial literacy also means recognizing red flags. The more you know, the harder it is for scams to trick you.
