Why is financial literacy very important?

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Jared
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Many ask: Why is financial literacy very important?

Well, here it is:

Financial literacy knowledge and skills help you manage your hard-earned money wisely, help you make sound financial decisions, and and ultimately help you achieve financial stability in life.

In a similar vein, financial literacy also helps you get through the unexpected moments in life – like a medical emergency or a sudden loss of employment.

Do you agree?
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Financial Literacy is the possession of skills, knowledge and behaviors that allow an individual to make informed decisions regarding money. 💰

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