Why Financial Literacy Matters
April is Financial Literacy Month! That means it’s a special time to learn more about money. Financial literacy is all about understanding how to use money wisely. Let’s find out why it’s important and where you can learn more.
Why is financial literacy important?
- Be in charge, when you understand money you can make better choices about saving, spending, and planning for the future.
- Stay safe, knowing about money helps you avoid problems like too much debt or not having enough savings.
- Plan ahead, learning early helps you plan for big things like buying a house or retiring one day.
- Help the economy, when everyone knows about money its helps keep the economy strong and steady.
Where can you learn?
Government sites like the Consumer Financial Protection Bureau (CFPB) have free tools and tips. Nonprofit groups like the National Endowment for Financial Education (NEFE) offers free stuff to help you learn. Banks and credit unions have classes or tools to help you learn about money.
You can also attend a no-cost Basic Financial Literacy workshop offered by A/D Works!, it is a great opportunity to learn and ask questions. Next workshop is April 29th from 2:00pm – 3:00pm.
Financial Literacy Month is a great time to start learning about money. There are lots of ways to learn, so pick what works best for you! Together, let’s learn about money and make smart choices for our future.
