Financial literacy definition

Financial literacy means personal financial planning and education.
Financial literacy means the knowledge, ability and opportunity to make sound money management choices;’’; 40
Financial literacy means the ability to read and understand a set of financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues that can reasonably be expected to be raised by the Company’s financial statements.

Examples of Financial literacy in a sentence

  • Follow-up services for youth may include, but are not limited to the following program elements: • Supportive services • Adult mentoring; • Financial literacy education; • Services that provide labor market information and employment information about in-demand industry sectors; • Activities that help youth prepare for and transition to postsecondary education and training; and • Other services necessary to ensure the success of the youth in employment and/or postsecondary education.


More Definitions of Financial literacy

Financial literacy means the knowledge, ability and opportunity to
Financial literacy means the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being.
Financial literacy means the ability to use knowledge and skills to
Financial literacy means the possession of the basic set of skills and knowledge that allows an individual to understand financial statements to make effective and informed decisions;
Financial literacy means the knowledge and skills to make sound financial decisions;‟‟;
Financial literacy. Education: Monthly RAP sessions and one-on-one gu idance from Youth Specia lists are the primary methods the YES program utilizes to help enrolled youth learn critical money management and financial planning skills. As of April 20, 2016, the YES Program Manager will become q ualified to provide financial l iteracy training utilizing the FDIC's Money Smart for Young Adults & Adults curriculum. This training will be availa ble to youth on a quarterly basis. Lastly, youth co-enrolled in the FYO Collaborative will also have access to financial literacy training from Dress For Success Triangle, NC and the LIFE Skills Foundation. Entrepreneurial Skills Training: The YES program will utilize several d ifferent resources to provide youth with training related to launching and managing their own businesses. Not everyone is i nterested in being an entrepreneur, but it is important that we provide training and tools that can move youth along this career pathway if it's the goal they've id entified. Based upon a participant's career goals, the YES program will provide access to entrepreneurial training via Xxx Startup Seminars. These seminars occur over a fou r-month period, meeting once a week, for two hours at a time. Coveri ng topics that include idea creation, personal finance, soliciting marketing data, and social marketing, participants will develop and complete a business plan by the end of the seminar. We estimate that, initially, 10 youth will participate in this training. The Fostering Wellness project offers a remarkable opportunity to lea rn entrepreneurial skills. Xxxxxx youth co-enrolled in the YES program will have the opportunity to participate in entrepreneurial work groups around the local food production system. Each work group will consist of 8-10 youth who will work with a fully funded CPI staff person and 2-3 Business Coaches. The youth will go through the entire entrepreneurial career pathway process- from lea rning how to d esign a business plan to marketing and development. At the end of the process, youth will actually bring their product or idea into the market place. We anticipate that an additional 10 WIOA youth will participate in this traini ng. Services That Provide Labor Marketand Employment Information about In-Demand Industry Sectors or Occupations: As indicated above, this information is provided as part of a participant's initial CareerScope assessment and the development of that youth's ISS. Du ring this process the Youth Speciali...
Financial literacy means financial knowledge and skills, including but not limited to: