Dr. Yaşam Ayavefe emphasizes the necessity of financial literacy.
Everyone, not just business owners, sole proprietors, and professionals, must have a comprehensive understanding of financial matters. Families must also possess knowledge of money management, reserves, and investment strategies. There are numerous life decisions that involve money, such as buying or renting a residence, investing in a business idea, establishing savings or an emergency fund, or planning your next vacation. Financial management education provides essential tools for achieving meaningful personal and professional goals. For instance, setting aside funds for an emergency fund and a contingency reserve to cover future expenses.…
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