Daniel Vs James

One day, friends were arguing a win win debate that "all educated individuals are financially literate".

The debate started amongst two friends Daniel and James who had met at the coffee shop as earlier planned. 

Daniel was educated with a bachelor's degree of science in education while James didn't go further with studies after completing S6.

As they urged, their argument attracted people who were sitted next to them. Those who were educated supported what was saying and those who had not made beyond S6 supported James.

They all were not arguing to understand each other but rather both teams played to score. Neither side listened and the noise was high.

Daniel in his argument, he said " I understand money issues more you because I earn much, spend much, buy expensive stuff only.

James had to surrender because noise from Daniel was much and he had more supporters. He was humbled by words from Daniel's side.

Financial literacy is not measured from how much you earn, spend neither is it measured from expensive stuff you buy. 

Financial Literacy is refers to the #knowledge, #skills and #confidence to manage #finances effectively making informed financial decisions.

The knowledge, skills and confidence to #budget, keep records, #save, #invest, #managedebt, understand #insurance, understand #financialinstitutions determines your financial literacy level.

#FinancialLiteracy is for all of us, with out it you are financially illiterate and with it you are financially literate. Let's embrace the opportunity to understand it more as it's the only road to #financialfreedom.

What do you learn from the argument of Daniel and James?

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