According to the National Endowment for Financial Education, "Personal financial literacy is the ability to read, analyze, manage, and communicate about the personal financial conditions that affect material well being. It includes the ability to discern financial choices, discuss money and financial issues without (or despite) discomfort, plan for the future, and respond competently to life events that affect everyday financial decisions, including events in the general economy."
Article by Ellen R. Delisio
Education World®
Copyright © 2006 Education World
Updated: 04/04/2015
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