Financial Literacy

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Dictionary Says

Definition of 'Financial Literacy '

The possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial literacy often entails the knowledge of properly making decisions pertaining to certain personal finance areas like real estate, insurance, investing, saving (especially for college), tax planning and retirement. It also involves intimate knowledge of financial concepts like compound interest, financial planning, the mechanics of a credit card, advantageous savings methods, consumer rights, time value of money, etc.
Investopedia Says

Investopedia explains 'Financial Literacy '

The absence of financial literacy can lead to making poor financial decisions that can have adverse effects on the financial health of an individual. The advantages or disadvantages of variable or fixed rates is an example of an issue that will be easier to understand if an individual is financially literate. In 2003, the U.S government launched the Financial Literacy and Education Commission. The office is responsible for having resources available for individuals who want to be financially literate.


Search results for

'Financial Literacy'

  • The 2007-08 Financial Crisis In Review

    http://www.investopedia.com/articles/economics/09/financial-crisis-review.asp
    ... Manoj Singh. Manoj Singh. Manoj K Singh is a self-taught investor and a freelance
    writer working in the area of financial literacy with a central bank. ...

  • Peer-To-Peer Lending Breaks Down Financial Borders

    http://www.investopedia.com/articles/financial-theory/08/peer-to-peer-lending.asp
    ... Teaching Kids About Financial Literacy. Financial literacy is an important subject
    to teach kids. It is now being taught in ... Read More ». Partner Links. ...

  • The 2007-08 Financial Crisis In Review

    http://www.investopedia.com/articles/economics/09/financial-crisis-review.asp?partner=aol-d
    ... by Manoj Singh. Manoj K Singh is a self-taught investor and a freelance writer
    working in the area of financial literacy with a central bank. ...

  • Standard Of Living Vs. Quality Of Life

    http://www.investopedia.com/articles/financial-theory/08/standard-of-living-quality-of-life.asp
    ... Read More »; Teaching Kids About Financial Literacy. Financial literacy is an important
    subject to teach kids. It is now being taught in ... Read More »; ...

  • Giants of Finance: Charles Dow

    http://www.investopedia.com/articles/financial-theory/08/charles-dow.asp
    ... Read More »; Teaching Kids About Financial Literacy. Financial literacy is an important
    subject to teach kids. It is now being taught in ... Read More »; ...

  • Diversification: Protecting Portfolios From Mass Destruction

    http://www.investopedia.com/articles/financial-theory/09/uncorrelated-assets-diversification.asp
    ... Manoj Singh. Manoj Singh. Manoj K Singh is a self-taught investor and a freelance
    writer working in the area of financial literacy with a central bank. ...

  • A Deeper Look At Alpha

    http://www.investopedia.com/articles/financial-theory/08/deeper-look-at-alpha.asp
    ... Read More »; Teaching Kids About Financial Literacy. Financial literacy is an important
    subject to teach kids. It is now being taught in ... Read More »; ...

  • How To Invest Like An Endowment

    http://www.investopedia.com/articles/financial-theory/09/ivy-league-endowments-money-management.asp
    ... Manoj Singh. Manoj Singh. Manoj K Singh is a self-taught investor and a freelance
    writer working in the area of financial literacy with a central bank. ...

  • Value Investing + Relative Strength = Higher Returns

    http://www.investopedia.com/articles/financial-theory/08/value-investing-relative-strength.asp
    ... Read More »; Teaching Kids About Financial Literacy. Financial literacy is an
    important subject to teach kids. It is now being taught in ... ...

  • Trading With Gaussian Models Of Statistics

    http://www.investopedia.com/articles/financial-theory/10/gaussian-models-statistics.asp
    ... Read More »; Teaching Kids About Financial Literacy. Financial literacy is an important
    subject to teach kids. It is now being taught in ... Read More »; ...

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