According to a survey conducted by the US Treasury Department and Department of Education, young people scored an average of 69% in awareness of strategies to help them make effective financial decisions. Not having financial literacy can lead to loss of money, bad financial situations, overwhelming debt, and an inability to get loans or other credit extended to you when you need it. It’s a good idea to figure out early how to manage your money rather than letting it manage you.
The financial literacy resources below will help you learn how to set up a realistic budget to wisely manage your money, how to avoid bad deals and scams targeting young people, how to prepare for filing your income taxes, and other helpful tips.
We hope that the resources and information here will help you become a responsible manager of your money.