Dear readers, in this ever-changing world, where definition of jobs is constantly being redefined by trends such as Artificial Intelligence, many of us are encouraged to learn new skills, especially skills that will be in demand by the new economy.
And that is why many individuals are learning new skills, in areas like data science, artificial intelligence, 3D printing and more. With these skills high in demand, the individuals will not doubt be rewarded, if these skills lead to a pathway in the careers of the new economy that the individuals aspire to.
But one skill that may be not as highly profiled is the skill of money and wealth management. And this skill is only going to be more important than before, especially in the current times when cost of living and inflation are higher than before.
Good money and wealth management skills means that each day, we make better decision on when to spend our monies. It means less spendings on one’s wants and hence more savings.
It means more savings to invest and make wiser decision on investments to further grow our monies and save for our future needs and wants.
In all, I would rate wealth and money management skills as essential and very practicable skills, that gives immediate returns, as little as few cents a day by just skipping that unnecessary snack for the day!