What Do I Know About Money?
During Week 13, Singapore Polytechnic held the Home-Based Learning week. For my Active and Effective Citizenry module, I was tasked with self-learning on what is Money Management. What I Know About Money Management Money management is about saving money and only spending it on things that are necessary Planning out the structure on how your money will be spent Keeping records of your money flow What I want to Know About Money Management What does money managing really mean? Are they ways of managing money easily? Does money managing mean that we spend wisely? After going through the lessons, What I've Learned About Money Management Money management is about putting some money aside so that there are no debts It is about prioritising debts and own expenses Controlling the flow of money and where it goes to Summary My favourite reading video from the lesson from Institute for Financial Literacy, is the Envelope Budgeting System. I like th...