Financial Literacy
Financial literacy summary:
Financial literacy is a set of skills and knowledge that helps people understand various aspects of managing money .
People who are financially literate have a good grasp of saving money, investing, and building wealth over time.
Financial literacy can be a factor in avoiding unmanageable debt and feeling more confident about your money.
Financial literacy definition and meaning
Financial literacy is the skills and knowledge that help people make smart, confident decisions about money. Those decisions typically relate to budgeting, savings, investing, and debt.
Key concept: A set of skills needed to handle money wisely.