ACA 122: College Transfer Success: Financial Literacy

Financial literacy; that is, understanding where your money goes and having the knowledge to make good financial decisions, is essential for every person.  Understanding how to manage your money provides hope for a financially secure future; one that protects the assets built by you and your loved ones.

When you're financially literate, you understand how to allocate your income toward various goals simultaneously—not just to ongoing expenses, but to savings, debt repayment and an emergency fund too. You have the tools to thoroughly research and evaluate loans, credit cards and investment opportunities.