Financial literacy is the ability to understand the basics of finance. More specifically, financial literacy is the skillset necessary to make informed, effective decisions about personal finance, debt, and saving.
Students beginning their college life are often dealing with issues of credit, their credit history, and debt for the first time. Mishandling personal finances at this early stage of life can result in early damage to a student’s credit rating, the consequences of which can last for years.
For credit cards:
For financial business decisions:
Gage your finances with these tools:
Borrowing and Credit