Why personal finance matters more than you think

Picture of Grégory Leclercq

Grégory Leclercq

When conducting our survey, we asked participants to rate their knowledge of personal finance. With little surprise, results were orbiting around an average rating of 5.9/10. This made us think that there could be some blur around the understanding of the notion of personal finance.

One of our hypotheses at financia.io was that people, in general, were lacking financial knowledge. In fact, as someone that comes out of a business school with a lot of emphasis on management and economics, personal finance is never taught there. Financial courses usually revolve around corporate finance, which has nothing to do with personal finance at all.

Of course the mechanisms of finance such as interest rates, compounding interest, discount rates, ratios, etc. remain the same but the general purpose is completely different.

If you want to truly make correct use of finance in your life, you obviously have to center it towards you by asking questions of where you want to go (identified goals) and where you stand right now (situation and context). And those are completely different from any corporate objectives.

People care about their finances because they want to enjoy things like buying a home, getting married, creating one’s dream job, having children, enjoying leisure time, holidays, …


This is why personal finance has to be considered as a pathway for personal development. Both are hugely interlinked.

A part of personal development

We cannot state it enough, but this is one of the crucial pillars of financia.io. We want to raise awareness about how important it is for people to use their financial resources as a tool for their happiness rather than a condition for it.

At financia.io, we are committed to build long lasting financial mechanisms that enable people to focus on what really matters, value creation, happiness harvesting. Ultimately, the goal is to never have to think about money, not because it is abundant and one can afford to do everything she wishes, but because one is confident in her abilities to generate cash-flows and grow her wealth over time while enjoying her professional and private life to the fullest.

‘When you understand that your self worth is not determined by your net worth, then you’ll have financial freedom’.

We love that phrase from Suze Orman because it encapsulates both sides of the matter, self worth (personal) and net worth (finance). It gives you just the right incentive to make the difference and acknowledge that if your self worth is not defined by your net worth, then surely it’s about more than numbers?

More than just numbers


If you, reader, like many other people, believe that money doesn’t bring happiness and that ultimately it is not your net worth that will make you happy, then why is it so hard for you to envision altering parts of your life to seek a happier version of yourself?

I’m talking about changing jobs, going on a long trip, launching your own project, living your lifelong dream and all those things that
you have been pushing back probably because of financial (in)security and professional stability.

We strongly believe that numbers in that case are only a certainly important, although largely overrated, part of what you have to consider when doing an analysis of your current situation and where you can go from there.

We can help you realize your true worth, not only economically, but also consider all of your personal assets, your personality, character traits, experience, your passions and aspirations, your network and relationships, … All of these matters that constitute a human being and define your true contribution to the society you live in.

Acknowledging your strengths and weaknesses is paramount to grow confidence in your abilities to generate all the good things you aspire to in life. That is why it’s not all about numbers, and no other financial advisor will tell you that.

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