Jesus Ortega1.) What is Financial Literacy?Financial literacy is
the ability to understand finance. More specifically, it refers to
the set of skills and knowledge that allows an individual to make
informed and effective decisions through their understanding of
2.)How Do I know if I am Financial
you can take a quiz and compare your results to other citizens who
has taken the quiz, nation wide3.) How Do I Compare w/ Respect to
Others?http://usfinancialcapability.org/financial_quiz.html Same As
4.)How Does Financial Literacy in the United States (or Italy)
Compare w/ Respect To Other Countries?In South Carolina a key
building block to financial capability is the extent to which
households build savings. In South Carolina, 22% of individuals
reported that over the past year, their household spent more than
their income (not including the purchase of a new home, car or
other big investment). Individuals who are not balancing monthly
income and expenses are not saving, and thus may find themselves
struggling to make ends meet.
55.) Why Should I Become Financially Literate?Have better
understanding of financial and banking products. Control your money
from being stolen, lost etc.
6.) Where Do I Go For Information If I Want To Improve My
Financial Literacy?Library, Internet, Primary and Secondary
sources. Anything or anyone that holds information for Financial
Literacy.7.)What if I want to have fun while Im learning Financial
Literacy? Where do I go and what do I
Anybody agree? -___-
8.)What do I do to Promote Financial Literacy and to become
Financially Literate?Improve your Financial knowledge, obtain more
experience, and do your best.
9.) Who is Promoting Financial Literacy?Anybody who owns or
works a business. Wanting to expand their business.
10.) Are there any big programs/plans happening in Financial
Literacy?Changes are often occurring whether you know it or not.
Laws, policies, rules, etc.You must be prepared for any surprising
changes in your economy.
11.) Why is a business plan important and who should write it?It
helps in any way if anything unexpected should happen in or to your
business.Expect the unexpected.
12.) How do I Determine my Start-Up costs and other
expenses?Optimism is all to determine my start-up cost for a
13.) Why is competition Important?You need something to keep you
motivated. What better way to try to defeat your rival?
14.) What makes a successful marketing strategy? Anything
beneficial to your business.
15.) Where can You or a Business owner go to receive advice or
assistance W/ Your/Their Business?Business developing counsel
technical assistance and online communities where owners can give
and receive advise.