In the beginning, there was nothing. From this nothing the universe was formed. Eventually the Earth and finally humans came into being. Some say it was all some deity, some say it was all science and still some say it was a combination.

But this is not about the creation of the universe, it’s about one of humankind’s smallest creations… MONEY. For humans first bartered for stuff, until some wise ruler realised that they could make it EASIER to TAX the populace by creating a go-between, called money now, such that bartering was how much of that money got transferred. All was good until someone realised they could make more money by giving it to people and charging them a fee, called interest now, and thus debt was born.

So, what IS financial understanding? It is the ability to apply knowledge of money in a meaningful way.

Are you ready for that first bit of knowledge? What will it be? Budgeting? Pay yourself first? Stop creating more debt for yourself? Stay tuned to find out, later today.

On a closing note, in the next few days, you will see some graphs show up in one of the sidebars. These graphs represent my personal situation and will be discussed as I cause changes to these graphs. I will discuss the changes as they occur, at least once per month. They will generally be updating on the last day of the month and discussed on the first day of the following month.