This Blueprint Will Accelerate Your Mastery of Good Money Habits

It’s no secret that money plays a role in all of our lives daily, but not always in obvious ways.

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From the clothes you wear to the type of work you do, even down to the brand of dish soap you use, money guides countless decisions that shape our lives.

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The omnipresence of money sets the stage for the vital importance of financial literacy.

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Financial literacy — familiarity with fundamental money topics — is precisely the knowledge base we need to navigate this money-driven world. Unfortunately, this critical skill set is in short supply.

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What Is Financial Literacy?

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Financial literacy encompasses a range of money management knowledge and skills that help people manage their money.

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Budgeting, debt, investing, credit, and more all fall under this umbrella.

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Financially literate people understand the core mechanics of their finances and can use that understanding to make informed money decisions.

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Benefits of Financial Literacy

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There is no single purpose of financial literacy. In truth, there are many. Studies have shown that financial literacy has a clear positive impact on household wealth.

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