A lot of people think that understanding money is complicated.

They believe it’s only for toppers, finance experts, or people who are naturally “good with numbers.” And because of that, they avoid it completely.

But the truth is much simpler — you don’t need to be a genius to understand money. You just need the right approach.

Breaking the Fear Around Money:

The reality is that understanding money isn’t that hard! Learning to manage your finances is about having the right mind-set toward your finances not having an IQ above 140. Financial literacy is not just about learning math. In reality, your financial literacy involves having knowledge about how things work in the real world, which most of us learn by living our lives.

Whenever you make a purchase, save money for retirement, or use your money, you actually make financial decisions every single day (buying or not buying something), yet the majority of us have no idea we are making any type of decision about how to use our money!!!

Some individuals pay attention to managing their finances from an early age while others wait until managing their finances becomes a stressful issue.

It Starts with the Basics, Not Complexity:

You may not have to know everything but a basic understanding can help make a significant impact.

For example;

All of these combined together are small but they will help create a strong basis of knowledge.

Making Sense of Everyday Financial Choices​:

When you begin to understand money from a young age, it will be much easier to do later on.

Also, it creates feelings of confidence. You will not feel overwhelmed when it comes time to make decisions about a career, what to spend money on, or how to plan your future.

This will also cause you to think differently, not only about how to earn money, but also about how to properly manage and grow the money you do have.

From Confusion to Clarity​:

Putting yourself through something too complicated can be overwhelming.

That is why it is helpful to start with an introductory Finance course (i.e., Business, Economics…) in order to create a foundation of comfort and help you become accustomed to business school's pace.

Programs such as (B.Com), don't expect you to have all the knowledge required the first day of classes! Instead, these programs use a gradual progression towards a better understanding of money, markets and the overall business world.

While you gain a better understanding of your options, you are secure in your future possibilities and have plenty of time to evaluate your choices.

Building Confidence Step by Step:

Once you understand the concept of money, suddenly you will find that many other things begin to make sense (i.e., career options, day-to-day decision making…).

You will likely gravitate to one of the following:

Everything Start With Acquiring Basic Knowledge.

Last Thought:

You don't need to be mathematically perfect nor to know everything today. What matters is that you have the desire to learn how money works in increments.

The right environment along with the proper guidance will make your experience more enjoyable; this will allow your institution like Maharishi Mahesh Yogi Ramayan Vishwavidyalaya (MMYRV) to build that familiarity with money so that each student can continue learning at their own pace and prepare for today's world.

Ultimately, understanding money is not necessarily about being brilliant; it is simply about being conscious.