Friday, August 22

Gwendolyn Woods

Financial literacy is the knowledge and ability to manage money effectively—from budgeting and saving to investing and protecting assets. It empowers individuals to make informed decisions, avoid debt traps, and prepare for life’s uncertainties. Understanding key areas like credit, insurance, retirement planning, and estate preservation is essential to building long-term financial health. In today’s economy, financial literacy isn’t a luxury—it’s a necessity for economic independence, generational wealth, and community resilience.