Financial Literacy Resource Center |
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Here are calculators, tools, FAQs (particularly in 360 Degrees of Financial Literacy) and other resources to help you better understand your unique finanical needs:
Financial literacy -- it's a lot more than the ability to balance your checkbook! Financial literacy is the ability to read, analyze, manage and communicate about the personal financial conditions affecting material well-being. It includes:
This definition first appeared in a Fannie Mae study called “Personal Finance and the Rush to Competence.” and was also reported in “Financial Literacy in America: Individual Choices, National Consequences,” a white paper issued from the National Endowment for Financial Education (NEFE). The country is facing more complex financial and economic issues now than any time in history. The impact of these financial and econmic issues are hitting individuals and businesses hard and with a speed and complexity that leaves many puzzled and fearful about their finanicial future. The subject of financial literacy has risen to crisis proportions as individuals move from one life cycle to another and each time face new questions regarding financial decisions with which they may have had little if any experience. The Utah Association of CPAs is proud to join the American Institute of CPAs and other State CPA Socieities across the country in an effort to provide resources to assist individuals and businesses in understanding the implications of the financial choices they face. |
