Financial Literacy: Introduction

This guide is designed to direct students, faculty, staff, community members, educators, and other patrons to resources that support learning about financial literacy across a range of financial topics.

What is Financial Literacy?

Financial literacy encompasses the skills and knowledge needed to manage financial resources effectively and make informed financial decisions. It includes competencies such as budgeting, saving, investing, and understanding credit, as well as the ability to navigate financial products and services. Financial literacy also involves setting and achieving personal financial goals, managing debt, planning for future expenses, and making sound decisions in areas like taxes, insurance, and retirement planning. Ultimately, financial literacy supports individuals in making responsible choices that contribute to long-term financial well-being.