1. Stop Procrastinating. Yesterday!
The key is to start today, not tomorrow. When you begin to understand the time-value of money and the effects of compounding profits, your future self is going to wish you started your financial literacy journey a lot earlier.
2. Start Tiny, Start Small
When you begin, don’t let the giant of unknowns paralyse you. You don’t need to navigate scary dark storms from the get-go. Start with baby steps, you don’t have to be a warship commander to row a small boat in a calm lake.
3. Google Everything, Now
Don’t glaze over a term you don’t understand. Make a list of terms to understand their definitions, and make it a habit to google a term or a concept when it’s fresh in your mind. Don’t get comfy with the fuzzy.
4. Get Chummy with the Honey
Don’t stray away from the business and money sections of newspapers and magazines. Take baby steps to read titles that catch your eye and gradually ingest them. If you get stuck, see point 3. Take the effort to mix with and ask friends who know more than you. Not everyone is always correct, but always have an inquisitive mind and a posture of learning. Have no shame in revisiting point 3 whenever you need.