Math skills are more important in daily life than we often realize! From calculating taxes to avoiding misleading statistics, here’s a practical guide to real-world applications of math:
1. Sales ...
Financial Literacy Skills
The uncertainty of today’s world—whether due to pandemics, climate change, or economic fluctuations—underscores the need to strengthen personal financial stability. Here are practical tips to n...
Financial Literacy Skills
Spending money isn’t just about cash—it's also about time. Knowing how long you need to work for the things you want helps you make smarter financial decisions. Here's how:
Step 1: Understand ...
Financial Literacy Skills
Insurance Literacy is the ability to understand insurance policies and make informed decisions about coverage. It’s important because insurance helps protect you financially in case of unexpected e...
Financial Literacy Skills
Understanding how savings and loans work, as well as their connection to interest, is essential for sound financial decision-making. Here’s a concise summary:
1. Savings: How They Work
Savings Ac...
Financial Literacy Skills
Preparing for a major life change, like buying a home or starting a new job, involves ensuring your finances are well-organized. Here’s how:
1. Create a Budget and Stick to It?
A budget helps t...
Financial Literacy Skills
1. Pick a Beneficiary
Assign recipients for your assets, including:
Retirement accounts
Real estate
Stocks and mutual funds
Life insurance policies
Business assets
Pensions
Update benef...
Financial Literacy Skills
If you find your expenses exceed your income, consider either reducing spending or increasing your income. This guide explores practical ways to earn more money, including side hustles, freelancing, ...
Financial Literacy Skills
1. Reassess Your Insurance Policies?
Life Insurance Retirement Plans (LIRPs): Use the cash value to supplement retirement income or delay withdrawals from other accounts like 401(k)s.
Borrow or S...