Valentina Krasnikova, author of the MegaMama blog, spokesperson of federal television channels, author of books and trainings on education and time management, told us what are the three reasons that prevent us from improving literacy in money management.
“Money management is a skill as important as reading and writing. If you don’t understand this and stay at the “won – spent” level, you can’t even dream of a secure future. Without analyzing income and expenses, keeping track of mandatory expenses, savings and investments, all your money will slip through your fingers. Creating wealth requires strict discipline. “Rich people are not those who earn a lot, but people who spend wisely, distribute money wisely, think about the future, and most importantly, improve their literacy regularly,” he said.
He also noted that any discipline creates fear.
“We are afraid of losing money and becoming poorer. Previous negative experiences, where millions of people lost their savings, also left their mark. Everyone is afraid to try something new, and even more so to try something associated with financial risk,” Krasnikova explained.
He listed marketers’ tricks as the third reason to break financial habits.
“The goal of marketers is to increase your spending. There are many ways and tricks for this: promotions, advertising on television, in stores, on the street, showing a beautiful life, imposing false values. They create all the conditions for us to spend, spend and spend. Impulsive, thoughtless purchases lead you into an even bigger financial hole,” the expert concluded.
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