April is celebrated as the Financial Literacy Month. This started back in 2004, when the U.S. Congress designated April as National Financial Literacy Month. Over the years, many federal and state agencies, credit unions, schools, nonprofit organizations, and socially conscious businesses started participating in this initiative to raise awareness about the importance of financial literacy education in the United States.
Financial Literacy incorporates the knowledge and the competence to manage personal and household finances to reach your individual financial goals. It is essential in understanding how to save, earn, borrow, invest, and grow your money. Whether you are in college, starting your first job, business owner, home maker, successful professional, or close to retirement, it is never too late to learn about managing and improving your financial well-being.
At Glass Jacobson, our team is committed to raising awareness about the importance of financial literacy and leveraging wholistic financial planning tools to help individuals achieve their financial goals. Byron Deese, our Retirement Consultant and Relationship Development Manager, shares his views about financial literacy from the context of financial planning in this video. He explains the 3 Ls of financial planning, namely lifestyle planning, long-term planning, and legacy planning.
Educational videos to help you get started in your journey to financial literacy:
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