Financial Literacy

Financial Literacy
Student’s Name
University
Course Name and Number
Lecturer’s Name
Date
Financial Literacy
Financial literacy is the possession of adequate financial knowledge and skills that help in managing finances appropriately through budgeting, investing, and saving. Being financially literate enables an individual to avoid wasting money. Financially literate individuals can account for every amount used at a particular level to ensure that no single penny goes to waste. These people quickly achieve financial stability compared to financially illiterate individuals. Financial literacy is necessary today due to every life facet, including mortgages, investments, loans, health insurance, loans, and credit cards.
Currently, I am taking various steps to establish myself financially. Firstly, I am learning to become financially literate. I am attending a financial man...