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There's a good chance you didn't learn much -- or anything -- about personal finance in school. This could explain why many Americans aren't great at managing money. Find Out: 10 Genius Things ...
Financial literacy is the possession of skills, knowledge, and behaviors that allow an individual to make informed decisions regarding money. Financial literacy, financial education and financial knowledge are used interchangeably. [1] Financially unsophisticated individuals cannot plan financially because of their poor financial knowledge.
Kids learn a lot of important skills in school, even before heading off to college. But for some reason, personal finance usually isn't one of them. Though knowing the Pythagorean theorem can...
Revisiting Written Financial Plan Regularly: Make monitoring a financial plan regularly a habit. An annual financial planning review with a professional keeps people well-positioned and informed about the required changes, if any, in personal needs or life circumstances. It would be best to be prepared for all the sudden curve balls life throws.
Finances can be deceptively tricky to manage. They're like part of a juggling act, where your mortgage, car payment, school loans, credit cards and other monthly expenses are all up in the air at...
The original image of the index card, posted to Pollack's blog. In April 2013, Pollack interviewed Olen about her book Pound Foolish, and metaphorically mentioned "that the best [financial] advice for most people would fit on an index card.” [1] [2] Pollack further said, "if you're paying someone for advice, almost by definition, you're probably getting the wrong advice because the correct ...
1. Touch-Typing and 10-Key. Learning touch-typing or 10-key can improve accuracy when drafting documents and speed up productivity, both of which are skills that many employers consider major assets.
Financial intelligence requires an understanding of the basics of financial measurement including the income statement, the balance sheet, and the cash flow statement. It also requires knowing the difference between cash and profit and why a balance sheet balances. Understanding the art. Finance and accounting are an art as well as a science.