youth financial literacy

Youth financial literacy refers to the knowledge and skills that young people acquire to manage their finances effectively. This includes understanding how to budget, save, invest, and use credit wisely. It empowers them to make informed decisions about spending, debt, and future financial goals. By developing financial literacy early, young individuals can build a strong foundation for responsible financial behavior, reduce the risk of debt, and enhance their overall financial well-being as they transition into adulthood and greater financial independence.