Financial Education
Financial education allows individuals to understand concepts of finance as they apply to personal and family financial situation. It is a broader term Which includes another popular concept of financial literacy. Financial literacy provides foundation for financial knowledge about financial products and instruments that one can choose from to achieve financial goals. Financial literacy or numeracy can be defined as mathematical and numerical skills while financial knowledge is related to financial products and consumer choices and decision making.
This section will help readers learn financial literacy concepts explained in simpler terms so they can apply those concepts readily to their own financial situation.
Educational Topics
Which Debt Repayment Method is Right for You?
If you are currently struggling with paying off your credit card debts, then this short article will help you understand your way out of this situation. Suppose you have outstanding balance on multiple credit cards. In such situations you can consider one of the following two methods. The Snowball Method
Making Minimum Payment on your Loan? Think Again and Save!
Minimum payment and Some Basic Features of a Credit Card Charges on a credit card are usually billed once a month and Payment of the bill is due in about 25 days. If you pay the credit card bill on-time and in full, you will pay no interest on the
Understanding Different Types of Stock Investments: Growth, Income, and Value Stocks
By Mahtab Athari, Ph.D., MBA, CFP® Investing in the stock market can seem daunting, especially with so many different types of stocks available. However, understanding the various stock investment categories—growth, income, and value stocks—can help you make informed decisions that align with your financial goals. Each type of stock comes