April is National Financial Literacy Month, Detective Frank Money’s favorite month! Let’s all celebrate the importance of being financially literate!
I’ve seen some pretty hard cases in my time – but this one was a peach. A big juicy peach, with a hard pit of stone! And I like peaches. In fact, I like all kinds of fruit. But that’s not what I’m really here to talk about – I’m really here to talk about money.
When I’ve asked them, the vast majority of adults tell me that they were never taught the things they needed to know about money when they were in school, and, they wished that they had the knowledge to be financially literate at a young age,”
Being financially literate means examining your attitudes about money. It just takes a little detective work, but it’s never too late to do a financial literacy ‘check-up’.
But this isn’t a frame-up – you don’t have to be Sherlock Holmes to ask understand the correct answers on a few financial literacy questions:
- Do you make informed financial decisions and understand the difference between wants and needs?
- Have you meet your credit obligations on time?
- Do you track your expenses with a budget?
- Do you plan for the future through savings?
- Have you establish money goals?
Oh, did I mention that April is National Financial Literacy Month, Detective Frank Money’s favorite month?