Financial Literacy | 2018 April Get Fit E-Newsletter
April is Financial Literacy Month with Get Fit!
What is Financial Literacy?
“To be financially literate is to know how to manage your money. This means learning how to pay your bills, how to borrow and save money responsibly, and how and why to invest and plan for retirement.” – Annuity.org
U.S. Household Debt Rose Last Quarter at Fastest Rate Since 2007
U.S. household debt jumped in the fourth quarter at the fastest pace of this expansion while wealth gains continued amid a rising stock market, underscoring the forces behind recent strength in consumer spending, a Federal Reserve report showed Thursday.
Read more at Bloomberg
Financial Literacy And Raising The Entrepreneurs Of Tomorrow
Across the US there is an emerging trend of entrepreneurship . Over the last 20 years, we’ve seen growing numbers of young entrepreneurs build successful businesses, many before the age of 18.
Read more at Nasdaq
Money 101 For Millennials: Seven Tips For Improving Your Financial Literacy
When young adults become fully responsible for their personal finances for the first time, they’re often in for a rude awakening. Financial literacy is rarely taught in school, and if their families didn’t discuss credit scores, taxes and interest rates as they were growing up, these newly-minted members of the “real world” can easily get themselves into debt and other financial trouble.
Read more at Forbes
Financial Literacy & Liver Health
Stress, potentially financial stress, was found to impair blood flow to the liver and may lead to or trigger liver disease.
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