Financial Literacy a Pressing Need for Mainers
Sun-Journal Lewiston, Me. › April 18, 2011
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Summary
April has been declared Financial Literacy Month in Maine via a signed proclamation of Gov. Paul LePage. So what exactly does it mean for Mainers to be financially literate and why is it important?
The definition of financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. This includes money management, credit, debt management, insurance, investing and retirement planning.See the full content of this document
Extract
Financial Literacy a Pressing Need for Mainers
The way we become financially literate is through financial education.
Financial education is the process by which people improve their understanding of financial products, s...See the full content of this document
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