Financial Literacy Basics. Now that you know what financial literacy is and why it’s important, let’s start with the basics. Think of this as a crash course for beginners in financial literacy.

Key Areas of Financial Literacy Everyone Should Know. Budgeting and Saving. Budgeting is the cornerstone of financial health.

Financial literacy is both low and unevenly distributed, with young people, racial minorities, and those without college degrees among the least financially literate.

Financial literacy teaches you how these accounts work, how to reduce your taxable income, and why compounding interest makes early investing a game-changer.” Explore More: Dave Ramsey’s 3 Key ...

In today’s fast-paced world, financial literacy is a fundamental skill that empowers individuals to make informed decisions about their financial health. However, in underserved communities ...

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit ...

Charlotte, N.C., financial advisor Marcus Sturdivant Sr., says the start of a new year is a good time to improve your financial literacy, suggesting that improved money skills affect not just your ...

Financial literacy has real consequences. According to the Financial Industry Regulatory Authority, 44% of Americans say that discussing finances makes their heart race, and 63% of Americans aged ...

April is Financial Literacy Month, a time when the spotlight is on enhancing the financial-literacy skills of American consumers. Several surveys have highlighted Americans’ low level of ...

States with strong financial literacy, like Minnesota and Colorado, excel due to better education, savings habits and personal finance courses. Financial literacy was highest in these states in 2025 ...

Financial literacy doesn’t have to be complicated. A semesterlong course on budgeting, saving, debt and credit would give students a foundation for adulthood.