Financial Literacy

managing money continuously through life in order to reach your financial goals

the tangible and intangible things that a person believes to be important

things you want to accomplish

goals that are specific, measurable, attainable, realistic, and time-bond

events that require people to make major adjustments in their lives such as marriage, divorce, having a child, losing a job, etc.

the period in life from 18 years old to mid 40's when the person is beginning to earn money and trying to build financial security

the period in life from mid 40's to mid 60's when the person is in his/her peak earning years and able to accumulate wealth

the period in life from mid 60's and beyond when able to consume wealth and consider passing it on to others

marital status, employment, income, age, number of dependents, health, economic conditions, etc.

someone that relies on someone else for income and care