On this episode, Katie discusses why financial literacy is so important.
Financial literacy is the ability to use knowledge and skills to manage your financial resources effectively for a lifetime of financial well-being. In order to be financially literate you must know how to manage money and show you can actually do it. Without financial literacy, the financial decisions you make, or don’t make, can potentially threaten your financial security. Today, Katie is joined by Amy Marty Conrad and Raven Newberry from the National Endowment for Financial Education, or NEFE. Amy is the Managing Director, Insights and Raven is the Director, Policy and Advocacy. Amy, Raven, and Katie discuss financial well-being, the impact COVID has had on personal finance, how Americans ended financially in 2021, and much more.
Amy and Raven will be joining Katie again next month for part two of the importance of financial literacy.
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About Navicore Solutions: We are a national nonprofit provider of financial education and compassionate personal finance counseling. We can help you gain control of your finances. A debt free future is possible. Learn more about us here: http://navicoresolutions.org/
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