Financial Literacy: It’s Important for Everyone

April is National Financial Literacy Month — a good reminder that all of us can benefit from boosting our financial knowledge. But what is financial literacy? There’s no one single definition, but the term certainly covers these areas: • Saving – Most of us would probably agree that saving money is important, but actually doing it can be challenging given all the expenses of modern liv- ing. Still, techniques are available that everyone can follow, such as having money automatically moved each month from a checking or savings account to a financial account that’s not used for daily expenses. •…

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