Every April for the past 10 years, we have celebrated National Financial Literacy Month – and for good reason. A person’s financial literacy level can always be improved. In a study conducted by the FINRA Investor Education Foundation, participants were asked five questions about personal finance, and 61% of them couldn’t answer more than three questions correctly.
1. Why is financial literacy important?
As the financial landscape changes, it is becoming increasingly important ... [More]
Welcome back to the 6 Day Spring Clean Your Finances Challenge! In case you missed part 1, click here. Otherwise, we're on to day 3...
Day 3: Take a Look at Your Retirement Plan
Step 1: Do you have a retirement plan? If so, move on to step 2. If not, start one…right now! Never underestimate the power of compound interest. You can start by looking into retirement plans that your employer offers. There are often incentives associated with these accounts that make these investments worth you... [More]