Financial literacy is having the knowledge and skills to manage your financial resources.
Some of the skills you should understand are:
- How to budget your money
- A general understanding of taxes and if you need to file
- How you get a credit history, why it is important and how to responsibly use credit
- The importance of saving
- How interest works and why you want to understand interest rates
- Getting ready for college life
- Federal student loan forgiveness & repayment
- Additional Resources