You should become financially literate if only to understand your checking accounts, control your debt from credit cards and loans, and invest in a way to generate income.
goatse
He promoted literacy. You should study him.
“Financial literacy is a broad awareness of the role money plays in our lives, leading to the knowledge of financial concepts that improve the well-being of individuals and society. This should include the skills, motivation and confidence to make more effective decisions, enabling greater participation in the economy, and increased benefits from doing so.” See here for a further discussion of how financial literacy should be described. maiawards.org/insights/the-best-definition-of-financial-literacy/
“Financial literacy is a broad awareness of the role money plays in our lives, leading to the knowledge of financial concepts that improve the well-being of individuals and society. This should include the skills, motivation and confidence to make more effective decisions, enabling greater participation in the economy, and increased benefits from doing so.” maiawards.org/insights/the-best-definition-of-financial-literacy/
“Financial literacy is a broad awareness of the role money plays in our lives, leading to the knowledge of financial concepts that improve the well-being of individuals and society. This should include the skills, motivation and confidence to make more effective decisions, enabling greater participation in the economy, and increased benefits from doing so.” maiawards.org/insights/the-best-definition-of-financial-literacy/
English writing skills, basic math skills, a general knowledge of US History, and some concepts of government.
because finance and financial planning are incredibly related... it's like asking why should an English major have to study writing.
Yes I do
Financial literacy is described as the ability to manage personal finances and make informed choices with due knowledge about financial products in order to maximise one's welfare as well as to seek grievance redressal. It is important because Financal literacy imparts knowledge, aptitude and skills to make ordinary individuals into informed and questioning users of financial services.
Reality, responsibility, and restraint.
There are many things you could study in high school and college to become financial manager. You must study money and math for example.
Literacy as a subject is the study of reading and writing - being "literate" means you are able to read and write.