What is Financial Literacy?
Financial Literacy is the development of sound money management practices
that help reduce debt and increase assets for families and individuals
based on a knowledge and awareness of the financial products and
services that exist in the market place and how they work.
The American Economy is very complex. The financial services industry
is constantly creating new products and services. Government regulations
are ever-changing. And as a society we are relentlessly bombarded
with sales pitches and offers of every type that seem to say that
if we just buy this product or that service that our lives will be
immeasurably better.
Consumers are overwhelmed by all this information and often misled.
It takes a lot of dedication to read the fine print, the ten page
disclosure notice, the government study to learn what is the right
move for yourself or your family. Most consumers don’t have
the time.
Financial Education can help.
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Where is Financial Education available?
Consumers can get help in learning what they need to know to make
a solid financial plan for their families from a variety of sources.
CCR provides free workshops in a classroom setting on a regular basis
in locations throughout the region. These informative, interactive
workshops cover topics such as:
- banks and bank accounts
- making a financial plan for your future
- budgeting and savings
- debt management
- credit reports and credit history
- identity theft
If you are interested in learning when our next workshop is scheduled,
please contact us at: kjacobs@ccrhv.org
There are a number of websites dedicated to helping people learn
more about how to manage their finances. If you just type “financial
literacy” into a search engine, a number of sites will pop
up. Be careful. Some of these sites exist only to sell you information
that is likely available at no charge in other locations.
There are also a number of books and publications available at your
local library or in bookstores. Ask the librarian or bookseller for
assistance. |
