Why Financial Literacy?
According to an article written by Forbes in April 2018, “ 44% of Americans don’t have enough cash to cover a $400 emergency,” and “33% of American adults have $0 saved for retirement”. These numbers are an indication of how poorly Americans are doing at financial literacy. Financial literacy is the education and understanding of several topics related to personal finances such as making good economic decisions, making money, budgeting, investing, and planning for retirement.