3 Reasons Financial Literacy is Important - Money Tip Tuesday

<p>Throughout our lifetime, finance plays a huge role—from counting pennies in preschool to making a mortgage payment on a house. </p> <p>Finances can be overwhelming, but with the help of financial literacy tools you can build self-confidence in understanding the concepts of money management, debt prevention, and financial security.  </p> <p>Links:</p> <ul><li>Watch our <a href='https://youtu.be/B_4i4LFnR4E'>Budgeting 101 Webinar</a></li> <li>Watch <a href='https://youtu.be/KTbtWMYdnk0'>Financial Freedom: Your Path to Debt Free Living</a> webinar</li> <li>Check out <a href='https://triangleuniversity.org/'>TCU University</a> for more financial education tips and resources!</li> <li>Follow us on <a href='https://www.facebook.com/pg/MakingMoneyPersonalPodcast/posts/?ref=page_internal'>Facebook</a>, <a href='https://www.instagram.com/makingmoneypersonal/'>Instagram</a> and <a href='https://twitter.com/TCUpodcastMMP'>Twitter</a>!</li> <li>Learn more about <a href='https://www.trianglecu.org/home/home'>Triangle Credit Union</a></li> </ul> <p>Transcript:</p> <p>Welcome to Money Tip Tuesday from the Making Money Personal podcast.  </p> <p>Financial literacy resources overall offer advice to analyze, prioritize, and accomplish your financial goals. </p> <p>Let us break down why financial literacy is significant today: </p> <p>Learning Budgets and How to Save Money </p> <p>Saving money and creating a budget is the starting point in financial literacy. These tools provide a financial picture and explain the process of building a budget so you have a better understanding of how much you earn (income) impacts how much you spend (expenses). From charts to articles, financial literacy resources can provide a budget structure for you to prioritize and track your spending to make sure the budget remains healthy and balanced. Financial literacy resources will also offer suggestions towards important savings such as retirement and developing an emergency fund as well as saving for a bucket list vacation. </p> <p>If you’re new to