If the definition of foundational literacy is the basics of reading and writing, then financial literacy is the basics of money management skills. A solid financial education will give you the knowledge to …

Financial literacy CFPB board Financial literacy is the possession of skills, knowledge, and behaviors that allow an individual to make informed decisions regarding money. Financial literacy, financial …

Jun 29, 2025 · Financial literacy is the set of skills needed to handle money wisely, invest effectively, and plan for a comfortable future. Financial literacy is the essential foundation for a smart...

Apr 1, 2025 · What is financial literacy? Financial literacy means understanding the basics of money management to help you make better financial choices. It's not so much a course of study as a plan …

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.

Dec 1, 2025 · Financial literacy is the capability to understand financial concepts and apply this skill in decisions related to savings, investment, and debt management. It is a lifelong learning process that …

Apr 21, 2025 · Financial literacy is understanding everyday money management concepts, such as budgeting and saving for retirement. Not being financially literate could cost you.

Financial education teaches budgeting and money management, basic financial literacy, and understanding of financial services.

Financial literacy refers to basic personal finance skills—to competently earn, spend, invest, save, budget, and borrow money. It includes personal financial management, succession planning, …

Financial literacy is the cognitive understanding of financial components and skills such as budgeting, investing, borrowing, taxation, and personal financial management.