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Reflection: Personal Finance BasicsKrishonda J. RussellCollege of Education, Grand Canyon UniversityUNV-103: University SuccessTamla JohnsonJuly 4, 20211
Based on the objectives and resources from week six, I feel the main idea I learned aboutpersonal finance and financial literacy is that is extremely important to prioritize your finances inorder to gain financial success. Financial success doesn’t have to mean being rich or wealthy. Itcan mean living a comfortable lifestyle within your means and being debt-free. If personalfinance and becoming financially literate aren’t a priority, it will become easy to live above ones’means, dive into debt and struggle financially.In the coming months, the tips I have read in the topic articles will guide my decisions inseveral ways. One thing I read in a few articles was to create a budget. I think this is probablygoing to the hardest thing to do, but the most effective. Another tip that I will try to implement isto put one ting back when I am shopping. It’s a small thing, but it will cut down on wasteful
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