Financial Literacy
Importance of Financial Literacy
Understanding basic financial knowledge isn’t a luxury; it’s a necessity. It is key to one’s well-being. Regrettably, studies have revealed that certain communities lack the necessary financial education, which affects individuals young and old. The early lack of financial knowledge has contributed to many individuals not having an emergency fund or retirement savings as they get older. Living paycheck to paycheck, beyond one's means, and having a lot of credit card debt are all examples of unhealthy financial habits brought on by a lack of financial education.
The lack of resources among low-income communities will continue to cause inequities across our nation unless we make efforts to improve this. Instilling better financial habits from a young age will help our future generation go through life in a healthier manner. That is why we strive to provide children with the knowledge necessary to make wise financial decisions throughout their lives. Let’s be the change that is needed!
For Parents
Teaching money management to children isn’t always easy, adding investment terms make it even more challenging. We hope that through our books and activities it will lighten the load for you. We want to educate the importance of finance to children and introduce them to terms they may not hear currently, but will prove to be valuable as they grow. Topics are introduced through different stories, but we urge parents to take action and dig deeper with their children. Being engaged with your children with finance, can help them gain a better understanding and excitement. We hope you and your children will enjoy!