What is Financial Literacy?
“Financial Literacy” is a term that used to be reserved for adults or those hoping for a short path to retirement. Now it is applied to all ages; especially to those who are ready to step out and figure out how to live independently. Financial literacy is now a necessary lifeskill for everyone, and organizations around the world are here to help!
Between the cost of higher education and housing, teens are entering a world where being an educated consumer is vital to managing their finances. Whether it’s learning how to budget or understanding the fundamentals of economics, financial literacy is an important skill that every individual needs to learn before starting the next stage in life.
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