It's kind of crazy that, at least in the US, personal finance is not taught so much in grade school. I had to do a lot of reading and research now in my late twenties to figure out the best way to manage the RSUs I get at work and how to plan for a home purchase and retirement. It turns out (surprise) that most financial institutions don't have regular investors' best interest in mind. Instead, they see us as customers with value to siphon out over long periods of time.
Understanding how economies work[1], how financial service companies sell products, theories behind volatility and market forces, and how simple portfolio management can be goes a long way to improving an individuals ability to efficiently self-manage their finances.
The video gives a really good explanation but i loved the book he released freely along with that but maybe I have a preference for that. I am awed at by the knowledge this guy has ... If you haven't already read the book "Principles" by Dalio ( same guy)
Understanding how economies work[1], how financial service companies sell products, theories behind volatility and market forces, and how simple portfolio management can be goes a long way to improving an individuals ability to efficiently self-manage their finances.
1. https://www.youtube.com/watch?v=PHe0bXAIuk0