Scribd Logo
Upload

Welcome to Scribd!

  • Reflection PDF

    Uploaded by

    Dan Arenas
    3 views1 page
    Financial literacy refers to having knowledge of financial concepts like budgeting, investing, saving, borrowing, credit, taxes and insurance which allows people to make effective financial decisions. A 2019 survey found that only 17% of US high school students were financially literate, highlighting the need for financial education for youth. Financial literacy is also important for businesses, organizations and governments to make informed financial planning, investment and policy decisions that can help economies, increase inclusion and reduce inequality. Individuals can improve their financial literacy through courses, books or advisors while governments and organizations can provide education programs.

    Original Description:

    Original Title

    Reflection .pdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Financial literacy refers to having knowledge of financial concepts like budgeting, investing, saving, borrowing, credit, taxes and insurance which allows people to make effective financial decisions. A 2019 survey found that only 17% of US high school students were financially literate, highlighting the need for financial education for youth. Financial literacy is also important for businesses, organizations and governments to make informed financial planning, investment and policy decisions that can help economies, increase inclusion and reduce inequality. Individuals can improve their financial literacy through courses, books or advisors while governments and organizations can provide education programs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    Reflection PDF

    Uploaded by

    Dan Arenas
    Financial literacy refers to having knowledge of financial concepts like budgeting, investing, saving, borrowing, credit, taxes and insurance which allows people to make effective financial decisions. A 2019 survey found that only 17% of US high school students were financially literate, highlighting the need for financial education for youth. Financial literacy is also important for businesses, organizations and governments to make informed financial planning, investment and policy decisions that can help economies, increase inclusion and reduce inequality. Individuals can improve their financial literacy through courses, books or advisors while governments and organizations can provide education programs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    As a student,Financial literacy refers to the knowledge and skills required to make informed and

    effective decisions about financial matters. It involves understanding concepts such as


    budgeting, investing, saving, borrowing, credit, taxes, and insurance.

    According to a survey conducted by the National Financial Educators Council (NFEC), only 17%
    of high school students in the United States are financially literate (NFEC, 2019). This highlights
    the need for financial literacy education for young people.

    Financial literacy is also important for businesses, organizations, and governments to make
    informed decisions about financial planning, investments, and policy-making. It can help
    improve economic stability, increase financial inclusion, and reduce financial inequality.

    To improve financial literacy, individuals can take courses, read books, and seek advice from
    financial professionals. Governments and organizations can provide financial education
    programs and

    You might also like