Jesus Ortega 1.) 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 finances.
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.
5.) 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 I’m learning Financial Literacy? Where do I go and what do I do?http://themint.org/http://dfi.wa.gov/financial-education/ http://www.winthemoneygame.com http://www.cfee.org