Financial Literacy Month Part 1: What is Financial Literacy

It’s Financial Awareness Month here at CollegeBacker! Financial literacy or awareness is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.

Financial literacy is important for everyone, and we believe it’s best to start at a young age. As a partner to your family, we want to share some helpful financial topics that you can share with your kids - along with a game each week to reinforce the topic.

We will be touching on some major financial literacy topics and interactive ways to help you share that knowledge with your kids. So be on the lookout each Tuesday of this month for a new exciting topic!

For this week’s activity, ask your kids about why money is important - their responses may surprise you.