What is Financial Literacy?
Financial Literacy
Financial Stability
Financial Literacy
"Possessing the skills and knowledge on financial matters to confidently take effective action that best fulfills an individual's personal, family, and global community goals."
-National Financial Educators Council
Financial Planning
Financial Stability
Financial Literacy
"In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans."
- Wikipedia
"A financial plan is a document containing a person's current money situation and long-term monetary goals, as well as strategies to achieve those goals."
-Julia Kagan, Investopedia
Financial Stability
Financial Stability
Financial Stability
"When you are financially stable, you feel confident with your financial situation. You don't worry about paying your bills because you know you will have the funds. You are debt free, you have money saved for your future goals and you also have enough saved to cover emergencies. When you have financial stability, you don’t have to stress about money and you can focus your energy on other parts of your life."
-Derek Silva, smartasset.com
Budgeting Money
Budgeting Money
Financial Stability
"A statement of the financial position of an administration (as of a nation) for a definite period of time based on estimates of expenditures during the period and proposals for financing them."
-Merriam Webster
"An estimate, often itemized, of expected income and expense for a given period in the future."
-Dictionary.com
Saving Money
Budgeting Money
Investing Money
"Saving, process of setting aside a portion of current income for future use, or the flow of resources accumulated in this way over a given period of time. Saving may take the form of increases in bank deposits, purchases of securities, or increased cash holdings."
-Britannica
Investing Money
Budgeting Money
Investing Money
"Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit. You can invest in endeavors, such as using money to start a business, or in assets, such as purchasing real estate in hopes of reselling it later at a higher price."
-Elvis Picardo, Investopedia
"When you invest, you put time or money into something, hoping that there will be returns greater than what was originally put in."
-Vocabulary.com