Financial literacy projectBy Garrett Blevins

1.What is financial literacy.

Financial literacy is defined as understanding how to manage money effectively. Financial literacy is the knowledge and skills to make informed decisions regarding money matters. Financial literacy helps an individual fulfill personal, family, social and governmental responsibilities.

Everything else being equal, people who are financially literate are more likely to achieve their financial goals than people who are not financially literate. Financial literacy can help people buy a home, save money for emergencies, afford college tuition, start a business, and live comfortably in retirement.

On the other hand, a lack of financial literacy can be harmful. Financial illiteracy can subject an uninformed person to excessive debt, predatory lending, misleading investments, unreasonable interest rates, and other deceptive practices.

2.How do I know whether I am financially literate?

only 10% of Americans taking the national survey did as well as I did so I think I know a little about financially literate but you can’t just determine if you are financial literate because you can’t really know till you grow up and get your own house and family.

Financial literacy is paramount in today’s market place. Consumers are confronted with complicated financial choices that may have huge implications for them and their families. For example, people must choose whether to rent or buy a home, whether to lease or buy a car, whether to insure property, health, and life and for how much, whether to save for education and retirement - how much and through which vehicles.Financial literacy is paramount in today’s market place. Consumers are confronted with complicated financial choices that may have huge implications for them and their families. For example, people must choose whether to rent or buy a home, whether to lease or buy a car, whether to insure property, health, and life and for how much, whether to save for education and retirement - how much and through which vehicles.Financial literacy is paramount in today’s market place. Consumers are confronted with complicated financial choices that may have huge implications for them and their families. For example, people must choose whether to rent or buy a home, whether to lease or buy a car, whether to Financial literacy is paramount in today’s market place. Consumers are confronted with complicated financial choices that may have huge implications for them and their families. For example, people must choose whether to rent or buy a home, whether to lease or buy a car, whether to insure property, health, and life and for how much, whether to save for education and retirement - how much and through which vehicles.insure property, health, and life and for how much, whether to save for education and retirement - how much and through which vehicles.

3.How do I compare with respect to others?

by seeing how much you can learn in financial literacy class together while getting alone with each other and by helping people learn financial literacy

4.How does financial literacy in the united states or Italy compare with respect to other countries ?

because another important trend in accounting banking and insurance is the growth of investment in international markets particularly in Latin America and Asia. Those who have language skills and an interest in other cultures will have increase opportunities to expand their career planning to other parts of the world.

 Knowing other languages can also help you expand your business over the world and .help you sell your product so it pays you to learn other languages .and have respect with other countries. like Italy and all through the world.

5.Why should I become financial literate?

because although the increase use of auto motion may cause some jobs to be phased out there will be great demand for workers who are knowledge able about computers and in information technology in addition to having financial skills and expertise.

You also should become financial literate so you can maintain a life style and support your family because if your not financial literate you cant eat, have a good home are you could not have a job. So it is very important to be financial literate

6.Where do I go for information if I want to improve my financial literacy?

careers in financial services are plentiful and varied whether you’re interested in working for a government agency or private enterprise as part of a large conglomerate or as a sole practitioner you’ll find the financial world to be profitable and satisfying everywhere you turn. Improving your financial literacy is not that hard according on where you are looking. you can go to a business owner for advice your family are you can pay for a financial literacy class to improve your financial skills

you can go to a business owner for advice your family are you can pay for a financial literacy class to improve your financial skills.

7.What if I want to have fun while I'm learning financial literacy where do I go and what can I do?

I recommend signing up to the right to receive my free blog and going to your local library to check out the two personal finance books if u like reading and its helping you in your future to live financial literate cause learning financial literacy can’t be to fun. Cause you just have to go along with it cause its helping you in the future so you want have many worries and so you want go bankrupt

Cause you just have to go along with it cause its helping you in the future so you want have many worries and so you want go bankrupt

8.What do I do to promote financial literacy and to become financial literate?

provides an opportunity for the chapter members

To demonstrate and to become financial literate in the future

You could spread the word over internet. and you could also have cards maid so more people in the world will become financial literate.

9.Who is promoting financial literacy?

The president and other people in the united states is also promoting financial literacy cause he's trying to keep kids in school and to do the right thing and most schools in the united states have financial literacy and other people make businesses online for financial literacy

National endowment for financial education is also another way of promoting financial literacy.

10.Are there any big programs happening on financial literacy?

YES THERE IS A LOT OF BIG WEBSITES ON FINANCIAL LITERACY IF YOU HAVE A SOURCE OF INTERNET IT IS CALLED http://www.deca.org/_docs/conference

Financial educators council gives you a lot of financial plans. it gives you stuff about the economy and what's going on it also gives you a lot of stuff on how to go to collage during the financial crisis

YES THERE IS A LOT OF BIG WEBSITES ON FINANCIAL LITERACY IF YOU HAVE A SOURCE OF INTERNET IT IS CALLED http://www.deca.org/_docs/conference

11.Why is a business plan important and who should write it?

Yes it is important to know your business plan so you can sell your product and to be respectful to your customers.

You can get more customers in you can get your plan by asking a well known business owner.

12.How do I determine my start up cost and other expenses?

It is important to know your competition when it comes to things like pricing your product. Cause if you pay to much for your product you cant earn no profit to buy new product

13.Why is competition important?

To see who ranks the best in the area by seeing which company can draw in customers and sell the most product that’s when marketing strategy comes in hand

14.What makes a successful marketing strategy?

one of the key parts of a business plan is your marketing plan. Your marketing plan conveys your marketing and sales activities that answer the questions of who, what, where, when and how much. Plainly put, it’s where you’ll outline your goals and objectives for the brand, and how to reach them. You are no longer general, but specific unsteadiness strategy

15.Where can you are a business owner go to to receive advice or assistance with their business

Your best bet is to go an experienced business owner who has done this before. but you can also go online if you have internet.

Works cited.

Careers in focus financial service Deca.org Marketing plan.org www.financial educatorscouncil.org www.rand.org www.usfinancial capability.org