Financial Literacy: Overlap of Programs Suggests There May Be Opportunities for Consolidation (Paperback) (ISBN-13: 9781492323570)

Financial literacy, which is sometimes also referred to as financial capability, has been defined as the ability to use knowledge and skills to manage financial resources effectively for a lifetime of well-being. Financial literacy encompasses financial education-the process whereby individuals improve their knowledge and understanding of financial products, services, and concepts. However, to make sound financial decisions, individuals need to be equipped not only with a basic level of financial knowledge, but also with the skills to apply that knowledge to financial decision making and behaviors.

Author: Government Accountability Office
ISBN-10: 1492323578
ISBN-13: 9781492323570
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 09/04/2013
Pages: 62
Format: Paperback
Weight: 0.37lbs
Size: 11.02h x 8.50w x 0.13d