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Financial Literacy|Government Accountability Office

Financial Literacy : Overlap of Programs Suggests There May Be Opportunities for Consolidation

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Overview

Financial literacy, which is sometimes also referred to as financial capability, has been defined as the ability to use knowledge and skills to manage financial resources effectively for a lifetime of well-being. Financial literacy encompasses financial education-the process whereby individuals improve their knowledge and understanding of financial products, services, and concepts. However, to make sound financial decisions, individuals need to be equipped not only with a basic level of financial knowledge, but also with the skills to apply that knowledge to financial decision making and behaviors.

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Details

  • ISBN-13: 9781492323570
  • ISBN-10: 1492323578
  • Publisher: Createspace Independent Publishing Platform
  • Publish Date: September 2013
  • Dimensions: 11.02 x 8.5 x 0.13 inches
  • Shipping Weight: 0.37 pounds
  • Page Count: 62

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