Explore resources and information designed to enhance financial education and literacy. Dive into diverse topics that serve as foundational elements for effectively managing your finances, fostering a better understanding of key financial concepts.
These are some of the best books on financial literacy for beginners. They’ll help you learn the finance basics that every adult needs to have a successful life. You know what’s crazy? We spend over 6 years of our lives in school from K-12, yet personal finance isn’t taught during it. Sure, we learn how … Read more
Money is something generally accepted as a medium of exchange for goods and services. In simple terms, money is what you use to buy goods and services. There are various types of currencies in the world. Two of the most widely used are the Euro and the United States Dollar. Plural: Moneys or monies are … Read more
The smallest of the U.S. coins, a silver metal valued at 10-cents, is inscribed with the words, “ONE DIME”, but that’s not it’s original name. It used to be called the disme! The use of this coin was first authorized by the Coinage Act of 1792. It has featured designs of the female figure of … Read more
In simple terms, a currency is defined as a form of money that is in use. There are many different types of currency! 180 main currencies of the world are identified as legal tender by the United Nations (UN). Read more: Learn all about money’s history and how to manage it. 8 Major Currencies of … Read more
Can you pass this financial literacy test? We could all stand to learn more about how to manage our personal finances. I am not excluded, and there are still many things that I do not know. According to the Council of Economic Education (CEE), only 23 states require high school students to take a course … Read more
There are 5 different types of money in the world: Fiat, commodity, representative, fiduciary, and commercial bank money. They also all have three functions in common; they serve as a medium of exchange, as a store of value, and as a unit of account. What is money? In economics, money is simply something generally accepted … Read more