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Financial literacy

Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States and the United Kingdom. Understanding basic financial concepts allow people to know how to navigate in the financial system. People with appropriate financial literacy training make better financial decisions and manage money better that those without such training.

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This video discusses financial literacy and the linked article gives 30 steps you can take to get there.

Contributed by Kathryn Vercillo

Bankruptcy Is A Silent Plague Sweeping In America And Swallowing Victims In Their Own Debt. The Solution Is To Educate On Finances And Everfi Is A Useful Website For Setting Yourself Up For Future Financial Success.

Contributed by Alysha Griesemer

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