Financial literacy is the ability to understand how to make sound financial choices so you can confidently manage and grow your money. When you're financially literate, you're able to allocate your income toward various goals simultaneously—not just to ongoing expenses, but to savings, debt repayment and a rainy day fund too. You can navigate the financial marketplace with self-assurance, and you have the tools to thoroughly research things like loans, credit cards and investment opportunities.
Here is a small teaser of how to become Financial literate!
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