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

  • Includes, but is not limited to: Financial literacy, computer training, home-buyer education, GED classes, and resume building classes, ESL, nutrition class, exercise class, health information/awareness, art class, parenting class, on-site food cultivation and preparation classes, and smoking cessation classes.

  • Financial literacy, financial education, and downstream financial behaviors.

  • Financial literacy is an integral component of a student's college and career readiness, enabling students to achieve fulfilling, financially-secure, and successful careers.

  • Financial literacy and planning: Implications for retirement wellbeing.

  • Financial literacy education for the ability to create household budgets and savings goals, manage spending, credit, debit, and to understand credit scores and financial services.


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 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 ability to use knowledge and skills to
Financial literacy means the knowledge and skills to make sound financial decisions;‟‟;
Financial literacy means the knowledge and understanding needed to make responsible and appropriate personal financial decisions.
Financial literacy means knowledge of money management and financial principles.