Since April is National Financial Literacy Month, here’s a question for you. How much do you know about your finances? If you’re like most Americans, you don’t know as much as you should. Here are three ways to start changing that today.
A recent survey by RetailMeNot found that:
All of those findings are problematic.
If you have no savings, what are you going to do when – not if – an emergency occurs?
If you don’t know how much money you have saved, how are you going to know if you’re on the right path to achieving your financial goals?
And if parents are to be responsible for teaching their children about finances, what happens when those parents know less than the children?
So what should you do instead? Here are three actions you can commit to today so that when National Financial Literacy Month rolls around next year, you’ll be much better off financially.
By taking steps to improve your financial literacy, you will pave the way for a brighter financial future for yourself and for the generations to come.