Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

Did you know that only 24% of Millennials demonstrate basic financial literacy? Understanding how to manage money is more critical than ever, especially for young investors starting their financial ...

How well do you grasp financial concepts and money matters? You may be surprised to learn that nearly half the country is regarded as financially illiterate. In fact, merely 57% of adults have a solid ...

Banking fundamentals have not changed much in 100 years, but how savers interact with financial institutions is vital ...

Financial literacy is defined as “the ability to understand and effectively use various financial skills, including personal financial management, budgeting and investing.” In recent years, personal ...

But one of the most forward-looking elements in the strategy is financial education. If financial services are part of the infrastructure of everyday life, education is how we ensure people can use it ...

In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed ...

Maintaining an economic life is not an option; it becomes a part and parcel of adulthood. While parents and schools often focus on helping children understand consequences in social, emotional, or ...

April is Financial Literacy Month, a time when the spotlight is on enhancing the financial-literacy skills of American consumers. Several surveys have highlighted Americans’ low level of financial ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. In today’s economy, the best leaders aren’t just visionary; ...

Financial literacy is no longer just a skill but a necessity in the ever-changing economy. Today, the financial sector is very advanced and it has many complex financial instruments, options for ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Money – acquiring it and managing it safely and effectively - ...