Some of the crucial money lessons I learned in the past few months both from personal experience and from watching other people
Some of the most crucial lesson I've come yo realise over time as concerns money is that,
1. Money plummets where you invest it.
This goes for every currency there is, even cryptocurrencies like bitcoin, although bitcoin comes with some twist and that's thanks to volatility but, money invested births more money. People have the idea of saving money in the banks of which, these banks reinvet your money to get interest in them because they understand the idea behind investment and money. Bitcoin comes with fhe twist as it is in itself an investment which makes hodling profitable but not so much with fiat.
2. Fiat currency in particular is a product of the government.
These are government authorised and so its validity is dependent on what the government decides, its values yoo and they can manipulate it as they please, bringing about inflation or otherwise. Hence, you can create or avoid certain situations depending on how you choose to manage money.