The effectiveness of financial education can vary based on factors such as the quality of the education, the audience’s level of engagement, and the individual’s personal circumstances and mindset. However, it’s important to note that financial education alone may not be sufficient to overcome systemic economic inequalities or address broader societal issues related to personal finance.
We want to help with that. Our mission is to provide access to financial literacy and education for anyone who wants it! After all, the more that we know, the better we can act and make wiser decisions. So, we can live better and position ourselves to retire comfortably.
Unfortunately, only 57% of all Americans can answer the most basic questions about how money works. Are you willing to take on the challenge? If so, are you willing to answer 5 simple questions to see if you are Financially Literate?
Financial education and awareness refer to the knowledge and understanding of financial concepts, including budgeting, saving, investing, and debt management. It involves learning how to make informed financial decisions and developing skills to manage money effectively. Financial education and awareness also involve being aware of potential financial risks and scams and knowing how to protect oneself from them. The goal of financial education and awareness is to empower individuals to take control of their finances and achieve long-term financial stability and success.
Before you start making decisions about your money—especially those that impact your family and future in major ways—it’s important to have an education. How Money Works was written by Tom Mathews and Steve Siebold to educate and demystify processes and provide answers to financial questions. Appreciation Financial has partnered with Tom and Steve to incorporate an educational series through the web as a financial education tool for learning on a needed/wanted basis.
Would you rather stay in debt (on the hamster wheel of high-interest payments) with a perfect credit rating, or do you think it would be better to start accumulating wealth? How would the 21% interest that you pay on credit card debt impact your retirement/savings? If you have unsecured debt (i.e.: credit cards VISA, MC, department store cards, home depot, rooms to go, gas cards) medical debt, federal tax debt, or even student loan debt, then you may be interested in learning how to get education on relief from this type of debt.
Another part of our “Give Back” Program is to make sure that Estate planning is affordable for everyone.