Using some real life examples (athletes and lottery winners), we see the importance of having sound money management abilities.
COVID19 has brought the point home: at any time, we can expect our circumstances to change and that they can disrupt our lives tremendously.
Money management has defined everyone this year: whether it meant realising our emergency savings are insufficient, or being able to pivot and adapt what we had.
Personal finance knowledge through money management has proven to be essential, as it will continue to be for the rest of your life.
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2. How Money Management Can Make You or Break You