The month of April has been declared National Financial Literacy Month. Majority of consumers today experience financial difficulty of some sort, which has a significant impact in their everyday lives. According to financialliteracymonth.com, created by the experts at Money Management International(MMI),<\/p>\n
“Americans carry more than $2 trillion in consumer debt and 30% of consumers report having no extra cash; making it impossible to escape the burden of living paycheck to paycheck.”<\/p>\n
Some tools for success when it comes to financial literacy may be:<\/p>\n
-Income worksheets<\/p>\n
-To help determine the amount of money you can realistically count on<\/p>\n
-Free Webinars<\/p>\n
-To help craft your path to financial literacy via topics and discussions such as goal setting, credit reporting, debt repayment and budgeting<\/p>\n
-Net Work Worksheet<\/p>\n
-To help compare what you owe vs what you own<\/p>\n
-Financial Priorities Worksheets<\/p>\n
-Establishes a need vs wants list to help prioritize finances<\/p>\n