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Finance

What are the 3 keys to financial literacy?

The three keys to financial literacy are: 1. Knowledge: The first key to financial literacy is acquiring knowledge about various financial concepts, principles, and practices. This includes understanding topics such as budgeting, saving, investing, debt management, credit scores, insurance, and…

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Finance

What are the 4 main financial literacy?

The four main pillars of financial literacy are: 1. Budgeting and Money Management: This pillar focuses on creating and maintaining a budget, tracking income and expenses, and effectively managing money. It involves understanding cash flow, setting financial goals, and making…

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Finance

What Is Financial Literacy and Why It Is So Important

Financial literacy refers to the knowledge and understanding of various financial concepts and skills that enable individuals to make informed and effective decisions regarding their personal finances. It encompasses a range of topics such as budgeting, saving, investing, debt management,…