The Singapore government has been promoting the idea of Lifelong Learning as jobs are increasingly getting disrupted by advances in technology, and the product lifecycle has been getting shorter and shorter. The trend is that learning is now supported through life. One of the problems of having this approach is that the government has only so many resources to allocate to help the citizen. This is mainly focused on helping him maintain his employment – a lot still needs to be done to assist Singaporeans in understanding their financial needs even further.
This article describes a framework for categorising financial knowledge that readers can use as a guide to further their understanding and knowledge of investing. The question is not about what to learn but how to learn.
3 Types of financial knowledge
You can break down aspects of finance to understand what gaps exist in your financial knowledge....