Finance Literacy, What is and Why It Matters To Everyone

What Is Financial Literacy?


Financial literacy can be defined as being educated about money and finance, specially in an individual’s personal finances. Being financially literate means that you have a basic understanding of skills like budgeting, taxes, debt, spending, saving strategies, how interest rates work and passive versus active income etc. It not like being an expert, it makes you confident to make right financial decisions and being able to raise right questions when required.

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