Financial literacy is a must

Dear Editor:

Good Day!

Seeing kids my age making millions in the stock market, real estate and e-commerce has got me upset, so I started reading books like Rich Dad, Poor Dad by Robert Kiyosaki, The Midas Touch of Donald Trump, and other financial literacy books. I also watched tutorial videos on Youtube and Tiktok, but with all those self-mode learning I still don’t know where to start and how to begin investing.

Now that Elon Musk has been moving the stock market, shares of Etsy soared nearly 10% in premarket trading Tuesday just because he said he’s a fan. Investors are now going crazier and richer and here I am still trying to figure out where to start.

I took up MBA to be more financially literate, to know more about the stock market, real estate, taxes and trading but it looks like my MBA professors don’t even know how to do stock market, she just gave us a group topic to present on the class and I learned nothing from her. This is the result of the school system’s lack of modernization; experts who teach financial literacy are few and far between. Many teachers unfortunately lack the knowledge themselves on financial literacy.

I thought my 13 years of schooling had prepared and equipped me to deal with after-college life but it has not, I am trapped in a rat race, working 8-5 hours, living in a paycheck-to-paycheck life with no savings and investment. Nonetheless, I will not give up learning until I make it out here. I do not want to spend my life working for someone 8-5 on minimum wage. I want to cherish my time, make more memories with my family and friends, help people, and empower women.


Yours truly,

Venice Samosa Casera
Western Mindanao State University