Friday, April 25, 2014

Financial Literacy Blog

Financial literacy is defined as “the ability to use knowledge and skills to manage one’s financial resources effectively for lifetime financial security”. (Jump$tart Coalition for Personal Finance Literacy. National Standards in K-12 Personal Finance Education.) 

These days, making thoughtful and informed decisions about one’s finances is more important and complicated than ever. Several trends are converging to demonstrate how important financial literacy really is, be it the rapid change of financial environment, rising and falling interest rates, myriad of financial options, longer life expectancy, higher costs of education, etc.

This LibGuide,, is a compilation of resources to help one understand the broad financial issues from the very basic of personal finance of saving and budgeting to how to manage credit and debt. It also includes a section on finances for college students; how to save and plan for college, money management for college students, how to pay for college, how to manage debt and student loans.

By, Kultida Dunagin

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