5 Steps Towards Financial Literacy

Skills not taught in school

Have you ever complained about things you didn’t learn in school? Like how to deal with money? Then I have great news for you. We are living in a golden area. Self-education has never been so easy, like in 2020. So stop complaining and read this article.

I grew up in Austria in the countryside. It was the 80s of the last century — a time before the Internet. Since I was a kid, I loved learning. I wanted to learn reading and writing before school started. My relatives said, enjoy your childhood. The real world will start the minute you enter school. It is early enough to learn skills like writing and reading in school. Well, not exactly the answer I wanted to hear.

Schools were the only place to learn skills in those days. Outside school, people were dealing with their daily lives — almost no possibility to access new know-how once a person graduated from school. The only way to obtain skills was by going to university and traveling and traveling to places where people lived that have acquired certain skills.

That was how life was back then. Everything changed in 1993 when the Internet went online. Almost 30 years later, the Internet is the number 1 resource of knowledge and information in the world. Thanks to technologies like the smartphone combined with social…