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Financial Literacy

Background Information

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy is the foundation of your relationship with money, and it is a lifelong journey of learning. The earlier you start, the better off you will be because education is the key to success when it comes to money. --Investopedia

Background information is encyclopedia information that provides context for future studies but is not included or cited in academic writing.