TIME IS ENDING - YOUR FINANCIAL TRAINING CANNOT WAIT ANY MORE

I am writing this article now that I can't have any kind of conflict of interest because I hope it can reach as many people as possible and can be even more useful without the fear of a retro-thought.

Financial education in Italy is among the most underestimated disciplines by almost all people. I speak of the ability to research and understand the characteristics and various risk factors of an investment (including business or real estate) but, for example, I also speak of the awareness of personal, family and even business cash flows, present and future.

I must admit that it was easy for me, both for work and passion reasons but, it happens me more and more often to touch the importance of the path I have made.

Even in these days when with my family we are starting a new life abroad, having planned present and future loans, investments and cash flow in advance helps us to face this inevitably very uncertain moment with great serenity, even considering the international geo-political situation. Also help us the habit of keeping a constant updated account of all family expenses and income.

But just looking at the road we are following in the world, I think it is increasingly ESSENTIAL to study financial issues to apply to our family and working life.

Traditional finance is in crisis. Banks are losing credibility with selfish proposals that are increasing the balance sheet rather than the real needs of customers. The new digital finance is making its way, especially among young people but, often, this only makes the situation worse since it is a "dark forest" where it is easy to remain imprisoned.

The web3, what today is known above all as the cryptocurrency market, is expanding and it now seems inevitable that it will come into contact with the general public in the coming years. But international regulation in this area seems almost impossible to me, which increases the need for self-protection with heightened awareness.

If a common misfortune means joy, we can at least console ourselves by knowing that things in Spain, where I currently reside, are not going any better. In many quarters, a formative intervention by the school is called for in this sense, given that almost all young people also lack the basic concepts.

So what to do? What can be the solution?

As always happens, recovering from a situation of lack is not easy. I think about what I am doing to improve my English and / or Spanish. If only I had worked harder over the years at school, now I would not have made all this effort to obtain strategic skills now.

But the new concept of financial globalization is now upon us and time is running out. Would you be surprised by the next crisis (now there is always one at the door) without knowing what to do?

Certainly the role of a good financial advisor, one of my ex-colleagues, becomes more and more important as if he were a heritage doctor and, fortunately, I see more and more consultants who in addition to recommending products, also do a good training but, not this is always the case, especially if they remain linked to the sale of specific banking products. Often, however, even good consultants stay away from issues that they do not touch with their hands every day, such as that of the web3 or that of cash flow planning. The latter is a taboo for many! But as we undress in front of the doctor we trust, it will be essential to find the good consultant in front of whom we can strip ourselves of our fears, to plan and not be surprised by the future that quickly arrives. Now it's up to you!