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How to improve my financial literacy

So I'm 20 now and it seems like everyone of my age understands money and has some financial literacy, which makes me feel quite behind because I didn't learn any of this when I was younger. People of my age understand stuff likes taxes, mortgages, etc etc, whereas I only have a basic understanding of this stuff, which is quite worrying.

How would you suggest that I educate myself on finances and money? I think it's really important for my future that I learn this stuff ASAP. Any advice would help
Original post by rsen1324
So I'm 20 now and it seems like everyone of my age understands money and has some financial literacy, which makes me feel quite behind because I didn't learn any of this when I was younger. People of my age understand stuff likes taxes, mortgages, etc etc, whereas I only have a basic understanding of this stuff, which is quite worrying.

How would you suggest that I educate myself on finances and money? I think it's really important for my future that I learn this stuff ASAP. Any advice would help


I would dispute your claim that everyone your age understands money - in my experience a lot of adults don't :confused:.

However, there is an easy way to learn about personal finances - try this free course on the OU website that was developed in collaboration with the Money Saving Expert (MSE) team:

https://www.open.edu/openlearn/money-business/mses-academy-money/content-section-overview?active-tab=description-tab

Also, bookmark the MSE website and refer to it whenever you have a personal finance decision to make - it's a trustworthy source.

https://www.moneysavingexpert.com/
Reply 2
Original post by normaw
I would dispute your claim that everyone your age understands money - in my experience a lot of adults don't :confused:.

However, there is an easy way to learn about personal finances - try this free course on the OU website that was developed in collaboration with the Money Saving Expert (MSE) team:

https://www.open.edu/openlearn/money-business/mses-academy-money/content-section-overview?active-tab=description-tab

Also, bookmark the MSE website and refer to it whenever you have a personal finance decision to make - it's a trustworthy source.

https://www.moneysavingexpert.com/

That first link looks like just the kind of thing I was looking for! Thanks a lot

And yeah I was probably wrong saying that. It's just that a lot of my friends do and when they talk about it, I'm rarely able to contribute to the conversation.

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