What is financial literacy?
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Knowing the basics of managing money.  Being financial literate means you know enough to be able to get yourself in good financial shape.  It does not guarantee it will happen, but it means you have a chance.\n\nI would include the following in my definition of financial literacy:\nBeing able to put together a household budget.\nUnderstanding interest rates and fees to a degree you can shop around for loans and investments.\nA basic understanding of how a credit score works - paying bills on time and not running up too many debts.\nOpenning a checking and hopefully a savings account.
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Getting an education is a great investment in yourself, and being cautious with your investments is wise, but don't ever let anyone tell you that low income families shouldn't invest in the same types of opportunities that anyone else could.\n\nPeople with very low incomes have made themselves into millionaires by a combination of responsible spending and thoughtful investing.\n\nThe best place to start with small balances is mutual funds.  As long as you stick with mainstream funds, you should be fairly safe.  Don't expect a straight upward line, but over time, on average, you should expect the long-term results to be strong over the long run.\n\nMeanwhile, as you build up your portfolio, you can be reading and learning more about investing for the future. By the time you outgrow mutual funds, perhaps you will know more about the different stock market decisions you will need to make.  Perhaps hiring a financial advisor would be wise at this point, or perhaps you can go on your own with your newly acquired knowledge.  \n\nConsider books by Peter Lynch, Jeremy Siegel, and Benjamin Graham as some of the best sources.  \n\nBest of luck to you.
1056201
Financial independence.  An ability to live off the assets I have and not HAVE to go to work; to be able to work at what I want and because I want to, rather than because I NEED to do so.
233358
You have enough money when the interest, or return, on your money is enough to meet all of your daily needs.  At that point your money "works for you", instead of you working for your money.  At that point you are financially free.  This also means that you must know how to manage your money, so you continue to get a good return on it, and don't waste it.  It takes most people many years to get to this point.  It also usually means educating yourself on how to invest and manage money.
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Do you know your financial responsibilities?
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I would recommend spending $19.95 on a book Called “Financial Peace” Written by Dave Ramsey. “More than Enough” is also a good second book if you like the first written by the same author. The book is written on an easy to read (6th grade level) It covers budgeting and gives sample budget's it also encourages you to sit down with your spouse to establish and keep a budget. I do not use all Dave Ramsey's suggestions but anyone that does will not go wrong. The base of his teachings is very valid and useful. I firmly believe anyone starting out with these tools will not go wrong. Remember in life though a little common sense goes along way Good luck to you
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what is financial services?? today, does that mean advice only for a fee?? if so, i feel that is rather limited in its reality.. i started out as a CPA-then felt i liked people more than paperwork-although accounting has both..i went into life insurance sales- straight commission , essentially..i felt life ins. is a great tool for protection, savings, disability, and tax advantages--it is most usefull in financial & estate planning, yet most people are never asked to buy any by anyone !!all most people have is group life at work !!this is a great way to start building a clientele-not easy, yet a real challenge & women are very security concious and can be good savers!! women like to deal with other women, so if you have good people skills, you would be a very good candidate for this !! insurance allows you to make your own hours after you are established, and work from home with flexibility-i went to all my childrens events at their schools-priceless , you bet !! after learning all my basic skills from my first company- i became an independent insurance broker-representing many different cos at the same time- studied and became an LUTCF-life underwriter training council fellow-3 yrs of study & exams-learned a lot!! much later became a CFP only to prove that i knew what i was doing, if the initials were important to folks-the world did not beat apath to my door after i became a CFP and you still need MUCH practical experience to go with those letters before you really know what you are doing !! if you could start part-time with a life ins co-that would be ideal to get a taste to see if you like it- otherwise it would be a big jump to change full-time yet it might be a solution to ALL your mentioned goals !! i am a retired Independent Insurance Broker for life, health,disability, and annuities and a retired CPA, CFP, & LUTCF...GOOD LUCK TO YOU- HOLLER BACK AT ME IF I CAN BE OF FURTHER HELP TO YOU-i spent over 23 yrs in insurance sales and loved doing it- helping others & really making a difference in peoples lives !!!!
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You may want to just do a basic search for money management also, like on Yahoo or google, rather than paying money for info you could probably learn for free :o)
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Read "Get a Financial Life" by Beth Kobliner
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for a start education makes people aware and not get fooled w.r.t. economic sense
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http://www.actuaries.org/LIBRARY/Submissions/financial_assetse.cfm\n\nThis provides a decent description for you.\n\nCheers\nAlister\nhttp://www.marketscience.com.au
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http://www.standards.dfes.gov.uk/local/literacy/PDF/pa016.pdf#search='resource%20stimulus%20sheet'\n\nGo here it shows a sample that might help you!
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Well, if it was that easy, everyone would be there....!!\n\nTry http://www.money.com or http://www.kiplinger.com and look at the personal finance sections.\n\nThat's a start anyways....
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Check a Suzie Orman book. She's know's everything about finances.
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Basic skill in use of computers, from the perspective of such skill being a necessary societal skill.\n\nThe term was coined by Andrew Molnar, while director of the Office of Computing Activities at the National Science Foundation.\n\n"We started computer literacy in '72 [...] We coined that phrase.\n\nIt's sort of ironic.\n\nNobody knows what computer literacy is.\n\nNobody can define it.\n\nAnd the reason we selected [it] was because nobody could define it, and [...] it was a broad enough term that you could get all of these programs together under one roof" (cited in Aspray, W., (September 25, 1991) "Interview with Andrew Molnar," OH 234. Center for the History of Information Processing, Charles Babbage Institute, University of Minnesota).\n\nThe term, as a coinage, is similar to earlier coinages, such as "visual literacy", which Merriam-Webster (http://www.m-w.com/) dates to 1971, and the more recent "media literacy".
1020490
Help people learn to manage and payoff debt.
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Money is good for beginners.  But I would recommend to use the library so you can read on other investing magazines.  Yahoo Finance is a good on-line resource.