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Financial Literacy

Financial literacy is the ability to understand and effectively apply various financial skills, including personal financial management, budgeting, and investing. Financial literacy helps individuals become self-sufficient so that they can achieve financial stability.  The primary principles of financial literacy include learning how to budget, track spending, effectively pay off debt, and properly plan for retirement.  Financial illiteracy contributes to people making poor financial decisions and becoming victims of abusive financial practices. 

You can learn more about financial literacy by visiting the Tennessee Department of Treasury's financial literacy page here.