Stories from a wanderer

How literate are we, financially? Can you tell when was the first time you ever used a credit card or bought your first stock? I used a credit card for the first time when I was 28 and bought my first stock from the equity market when I was 32. In both cases I was late, very late. And I am sure there many like me who are already late in making important financial decisions in life. Let’s try to analyse the reason behind this problem. Education system We can surely consider ourselves to be educated. There would be people among us who were considered genius in college in subjects like mathematics or accounting. Many would have secured good numbers in these subjects. But there will be only few who would have carried these knowledge forward to utilise in their practical lives. What could be the reason? May be nobody taught us to do so. We only mastered these subjects just for the sake of getting good marks in the exams. Later we forgot all about them and undermined the fact tha