Financial Literacy

How can financial literacy help you in your future?

Today we will be exploring this question in order to be able to answer it wisely. Together we will cover financial literacy and the pros and cons of its contents.

First of all, what is financial literacy? Financial literacy

​is the ability to understand and effectively use various financial skills.

​Financial Literacy.

Types of Finance and Financial Services.webm - Google Drive

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Private finance is the financial management of an individual or family.

​Private Finance

Public finance is the study of the role of the government in the economy.

​Public Finance

Financial Literacy.

​Lets learn a little about each type of finance.

​Corporate Finance

​Corporate finance is the area of finance that deals with the sources of funding that include a corporation.

Multiple Choice

What is public finance?

• The study of the role of the government in the economy.

• Transferring money to a business.

• Buying a product online.

• Ask someone else.

Multiple Choice

What is private finance?

• Tipping a waitress.

• The financial management of an individual or family.

• Finding money on the floor and claiming it as yours

• Buying an office for a business.

Multiple Choice

What is considered corporate finance?

• Making fences for your community.

• Taking a loan from a bank to meet business needs.

• Buying a house because your lover asked to.

• Buying supplies from an organization and using it for your home.

Why is financial literacy important?

Where can we find examples of the importance of financial literacy?

You can find examples of the importance of financial literacy anywhere and everywhere. Watch this video on how Yanely Espinal found the importance of knowing how to finance.

The life-changing power of financial literacy - YouTube.webm - Google Drive

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Poll

Do you believe that Yanely is right about wanting financial education to be able to be reached by many?

• Yes

• No

Open Ended

Why do you think that financial literacy is important?

Financial literacy is important...

Financial literacy is important because it provides us with the basics of how to finance in our personal and business life. It allows us to set limits, find out our current balance, and learn how to spend our money wisely. In the future as adults financial literacy will be extremely important because it can help you with loans, debt, and just financing. Quizizz