financial navigation

Financial navigation refers to the ability to understand and manage one's financial situation effectively. It involves making informed decisions about budgeting, saving, investing, and planning for the future. Just like a navigational guide helps you find your way through unfamiliar terrain, financial navigation helps individuals and families chart a course through their financial lives. It encompasses understanding income, expenses, debt management, and financial goals, ultimately aiming to build financial stability and security. In essence, it’s about equipping oneself with the knowledge and skills to make sound financial choices and achieve economic well-being.