Introduction

A businessman can only develop a smart relationship with money when he's financially literate which will help to know how to manage finance, how to invest wisely and how to make good budget.

To achieve financial literacy requires time and efforts to understand all type of financial skills and how important each of those skills are.

before the era of technology all we just needed was cash to pay for goods and services but the case is different now due to advancement in technology, there are so many technology inventions like credit card and debit card and also the use of electronic transfers so financial literacy is very important now.

Tools to gain financial literacy.

use of budgeting apps.

Good budgeting is a sign of someone who is financially literate, so the use of budgeting app can help an individual to track all expenses within a set period of time and it can help one to know how to manage money and make more financial decisions that can be beneficial.

There are so many budgeting apps like;

Ouicken simplifi.

Ouicken simplifi is a very easy to use budgeting app, all you need to do is get started by filling the necessary informations like name email address, then you have your password and also a six digit code for verification is sent to you via email, this app will help an individual to save more and track more budget it can be used for personal or business use.

There are also other budgeting app like you need a budget(YNAB) app, there is also the count about app, the good budget app, and many more, all this app are very effective in budgeting and can help anyone achieve financial freedom.

For me the most interesting budgeting app is empower personal dashboard app because it's easy to use and also is free, for an Android user all you need to do is just download the app from the screenshot below you can see that it's has a good rating and many positive reviews.
screenshot source

Financial News room .

Yes paying attention to financial news is also a tool that can help someone to achieve financial literacy, some popular financial news apps like CNBC, Bloomberg, and Yahoo finance are news app that can help an individual with needed informations, they cover real business news and you can get to see different opinions from different users then you will know the latest financial development.

This financial news apps also provide Market analysis, stock market data, a user can create a watchlist with this financial news app which can help in managing assets.
There also the economic business news app, mint stock and business news app, all provides what anyone needs to achieve financial literacy.

Investment learning platforms.

Investment is another important tip to achieve financial freedom so to get acquainted with investment it is advisable to join a good investment platform that can help an individual to understand some important fact about investment and this was also help such individual to hack their investment.

There are some popular investment platforms that can help an individual to know more about business, like the acorns, the Robinhood, the bettermint , that is also the cowrywise save an invest application that can help an individual to understand investment the more.

Robo-Advisors can also help in learning more about investment, Robo-advisors has a mobile app that can help an individual to choose type of investment portfolio wether small or big and also stay engaged with his financial plans, it also have some educational tools that can help a user to understand investment strategy and make good decisions.

The online learning platforms.

Online learning platforms are also effective fintech tools for financial literacy platform like cousera that partners with university's provides courses that can help an individual to become financially literate.

Courses like *financial markets *in just few hours of studying you will get basis knowledge on how to manage your finances and business growth.

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There are also some other online learning platforms that helps to educate people on financial marketing and help them gain financial literacy, like Khan academy, Udemy Academy, they all have courses that will train any individual on budgeting, retirement plans and investing.

One good thing is that all this online learning platforms have no age barrier and no one is above knowledge, so whenever you enroll you will gain the necessary knowledge to make the needed adjustments in your financial life.

A Savings and goal setting app.

This is a very important aspect of financial literacy because everything heard and learned need to be practical by setting financial goals and saving to reach those goals.
Lets see some of those savings and goal setting apps.

Savings goal tracker.

You get to download it from your Google playstore, sign up, then fill in your goals, when you wish to achieve them and how you are going to achieve them.

There are also many other apps that can help an individual track his income, expenses and investment, this applications can also help an individual to save and invest for retirement.
With all this one will just be ahead of his financial life.

Cryptocurrency platforms are good tools too.

Some cryptocurrency platforms like binance and coinbase are good tools to gain Financial literacy because they provide wide range details about cryptocurrency, they provided needed tools for beginners, they also provide crypto analysis that will help an individual to navigate around the crypto space.

Exploring crypto platforms will help an individual not to be left out as the world moves to a digital currency era, the individual will also know some basic things like buying and selling cryptocurrency in exchange platforms, the person will get necessary education that will help him to invest wisely on cryptocurrency.

Conclusion.

Financial literacy is achievable, a lot of fintech tools are available for any individual that is determined to achieve financial literacy, definitely financial literacy will help anyone to achieve all financial goals and gain financial freedom, but it requires time, patience and consistency.

All screenshot are mine

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