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Our mission at FinanciaLit is to teach young adults basic money management concepts that are a part of an independent adult's everday life. We also aim to provide tools to establish the foundation for a sound financial future.
Our program is targeted toward high schoolers and young adults as they prepare to make financial decisions that are an unavoidable element of becoming an adult, such as opening a bank account, applying for a credit card, taking a loan, borrowing money against a credit card, leasing a car or buying a home.
Financial knowledge at a young age is crucial because it enables you to start working towards your goals and prevents you from making bad decisions whose effects will have a long-lasting impact. It is important to understand the consequences of financial choices.
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Nowadays, Americans have an average debt of $38,000 (not including mortgage debt)*. Debt can take years to repay and it can have negative repercussions on future life plans and mental health. Aquiring a foundation of financial knowledge at a young age is crucial to avoiding these circumstances.
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Financial literacy can be achieved through daily baby steps that lead to stress-free personal finance management and improve overall well-being. In this program, we release short and simple videos on the key financial concepts to put you on the right track to become a financially healthy adult.
We hope that FinanciaLit support you to achieve your future goals!
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*source: https://shiftprocessing.com/
