What is Financial Literacy?

Financial literacy is the ability to understand a broad range of financial areas including financial management, strategic investment, and much more. The goal of financial literacy is to help individuals and families make better financial decisions for their futures.

Many people want to be engaged in their finances and financial decisions, but are unsure where and how to start. The Native American Financial Services Association’s (NAFSA) comprehensive, concise, and easy-to-navigate financial literacy platform will help users build a solid knowledge base to help guide them for years to come. Read about the launch of our digital financial literacy program.

What topics does Financial Literacy Cover?

It is vital that a financial literacy platform covers a broad range of topics without being overwhelming to the user. NAFSA’s program provides information about the most common financial areas such as:

• Credit Cards
• Saving for Higher Education
• Budgeting Tools
• Mortgage Refinancing
• Estate Planning
• Retirement 101
• Developing a Business Plan
• Planning for a Caregiver

The financial arena can be scary and overwhelming if entered into without the proper information and tools. By encouraging self-sufficiency and financial stability, financial literacy allows individuals to prepare for complex financial decisions with more confidence and less stress.

Start the program today: https://nafsa.everfi-next.net/