THE IMPORTANCE OF BEING BOTH FINANCIALLY EDUCATED AND FINANCIALLY LITERATE TO ACHIEVE FINANCIAL WELLNESS

Merging Life and Money with MJ Caesar

🟦When it comes to your finances, being educated is important. But knowing what to do with that education is essential. That's where financial literacy comes in. Being financially literate empowers you to make sound financial decisions and achieve financial wellness.

🟦I will be exploring these three concepts: financial education, financial literacy, and financial wellness as well as three reasons why you should be both financially educated and financially literate.

Here are some HIGHLIGHTS from this episode.

03:00 The advent of Financial Literacy Month

07:59 Definition of Financial Education

10:28 Why Financial Education matters

11:44 Difference between Financial Education and Financial Literacy

12:29 More about Financial Literacy

14:38 The many applications of Financial Literacy

16:19 Financial Literacy Vs. Financial Wellness

17:56 The Do’s and Don’ts of Financial Wellness

18:46 How to achieve Financial Wellness

20:11 Financial Education + Financial Literacy + Financial Wellness

23:53 Today’s financial realities

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