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Financial Literacy Is The Greatest Gift Of All

June 18, 2018

Financial literacy is comparable to learning classes in school. It involves learning concepts and applying specific strategies to take you through life. Financial literacy is the understanding of money such as taxes, savings, bills, retirement, budgeting and paying for school and investing. A study by the FINRA Foundation estimated that nearly two-thirds of Americans couldn’t pass a basic financial literacy test. According to the study, Americans have low levels of financial literacy and have difficulty applying financial decision-making skills to real-life situations. What children need is strong communities to help  bridge the gap between novice and expert in knowledge of financial literacy.

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