How can I be so clueless about money?

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Leisa Peterson of WealthClinic states, “Many people feel exactly as you do about money. It comes down to the fact that unless our parents were very focused on teaching us the mechanics of money (and we wanted to listen to them), there are very few opportunities growing up to learn about money. Money principles are not taught in most schools nor are there many other avenues for learning money skills. All of this means that YOU have to take initiative to be able to learn the facts. It all starts with believing in yourself and your ability to become empowered with one of the most important aspects of your life. Money is really that critical and not knowing about money can lead to a life filled with upsets, disappointments, powerlessness and insecurity. No one wants to experience any of these things especially when they can be avoided by just applying yourself to become more educated.

The good news is that you have sites like Phroogal.com and Mind.com to help you get answers to your questions and then start keeping track of your finances so you can try new things to see what works and what doesn’t. Just like anything in life you need to fail to really learn – so get out there and try, mess up, try again – that is what learning about money is all about!”

Asked in Elizabeth, NJ on May 5th, 2015 in Wealth.
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