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Stacy's News: Become More Financially Literate

Stacy's News: Become More Financially Literate

April 08, 2024

What is Financial Literacy?

Financial literacy is the ability to understand and effectively apply various skills including personal finance management, budgeting, and investing.

Being financially literate is crucial for developing a smart relationship with money and can prove invaluable throughout the different stages of your life. The earlier you start, the better off you'll be because education is the key to success when it comes to your financial affairs.

KEY ASPECTS OF FINANCIAL LITERACY
  • The term “financial literacy” refers to a variety of important financial skills and concepts.
  • Financially literate people are generally less vulnerable to financial fraud.
  • A strong foundation of financial literacy can help support various life goals, such as saving for education or retirement, using debt responsibly, and running a business.
  • Key aspects of financial literacy include knowing how to create a budget, plan for retirement, manage debt, and track personal spending.
  • Financial literacy can be obtained through reading books, listening to podcasts, subscribing to financial content, or talking to a financial professional.

Empower Yourself.

Our website is filled with topics for you to review under the Financial Literacy menu. Knowledge is power and can help you reach long-term success. 

Explore our financial calculators. Calculate your numbers for Retirement, Estate Planning, Insurance, Investments, Taxes, etc. 


Let us help guide you on your journey. Reach out to us at 215-579-5601 or email me at Stacy@ewmginc.com.

As always, if you have any life changes or updates (i.e., new job, promotion, marriage, new baby, new grandchild, etc.) that may affect your current insurance and investing strategy please contact us. 

Stacy Brilliant, Chief Operating Officer

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