Ever been to Daiso thinking that every item is only just $2, and you end up checking out with 10 packs of stickers, some nice fluffy socks and Japanese snacks before you realise that it’s $30 already?! As insignificant as the value of each item may seem, when these minute transactions pile-up, it results in overspending. What is financial literacy? Firstly, to be financial literate means that we understand and practise healthy financial management skills. Our economy is driven by consumerism which promotes the interest of consumers to buy more things. This can lead to us to spending beyond our means. Therefore, in this day and age where buying something is just a click away, it is important for us to know about how to manage our finances. Read more: ,,What is financial literacy? Welcome to our Beginner's Journey series where we introduce the basics that one should know...