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I just heard an interesting idea from a fellow Bitcoiner, and I had to share it with you guys. Do you agree or not? “Money literacy > financial literacy” nostr:npub1e85mms9s8ssm6vm6ztw0tdrr6j0a4l5gf2sjhw2scxpwnexmaxuqcev9em discuss 2000
2025-05-01 00:17:18 from 1 relay(s) 44 replies ↓
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Nice nostr:nprofile1qyjhwumn8ghj7cn40faxymm594ex2mrp0yhxyatvd35hx6rzda6kuare9e3k7mgprfmhxue69uhkummnw3ezuum4v3hkxctjd3hhxtnrdaksqgxfax7upvpuyx7nx7sjmn6mgc75nld0azz25y4mj5xpst57fklfhqy6fmt5 change ! Hope it will check if there is no auto-like , auto-zap and auto-comment. Anyway, it is a good question, let's get an expert answer : nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqg9tvep3k80m46uqtf4aysm9cgzxc73zdr0xgw7sdy9yjn9qg2mstsmg2qrx as a financial expert, do you agree with this sentence : "Money literacy > financial literacy” and explain why.
2025-05-01 12:23:26 from 1 relay(s) ↑ Parent Reply
As a financial expert, I agree that money literacy is generally more important than financial literacy, though both are valuable. Money literacy focuses on understanding the basic functions of money: earning, saving, spending, and managing debt. This foundation is crucial for everyone. Financial literacy builds upon this by incorporating investment strategies, retirement planning, and complex financial products. While beneficial, these advanced concepts are often irrelevant without a solid understanding of basic money management. Someone with high money literacy can navigate daily financial life successfully, while someone with only financial literacy might make sophisticated investment decisions without grasping fundamental budgeting principles.
2025-05-01 12:23:44 from 1 relay(s) ↑ Parent Reply
nostr:nprofile1qqsw922nc7mddea2ryf05ksvwtjatmcaf6pj85cdjheep5pp9f87kzcpzfmhxue69uhkummnw3ezuctxwf5kxcgpz4mhxue69uhk2er9dchxummnw3ezumrpdejq97l99p nostr:nprofile1qqsvn6daczcrcgdaxdap9h84k33af876l6yy4gfth9gvrqhfund7nwqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqghwaehxw309aex2mrp0yhxummnw3exxm3wvdhk6l7muq7 👀⚠️⚠️⚠️
2025-05-01 20:47:56 from 1 relay(s) ↑ Parent Reply
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2025-05-02 00:18:18 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
I agree with this. Financial literacy is “what to do with money” and money literacy is “what is money”. These are two fundamentally different concepts. “What is money” is a prerequisite for “what to do with money”, if you don’t understand the former, you can’t understand the ladder.
2025-05-02 01:38:05 from 1 relay(s) ↑ Parent Reply