Why Financial Literacy Is So Important

Financial Literacy in Decline

As consumer habits and financial products change, financial literacy has taken a blow. In past generations, cash was used for most daily purchases; today, it's rarely flashed—particularly not by younger shoppers. The way we shop has changed as well. Online shopping has become the top choice for many, creating ample opportunities to use and overextend credit—an all-too-easy way to accumulate debt, and fast.

 

https://www.investopedia.com/articles/investing/100615/why-financial-literacy-and-education-so-important.asp

 

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