Bountiful: The Heart Of Money Management

Financial Illiteracy

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Sinopsis

Financial literacy involves knowing the core building blocks of personal finance on which we can increase our knowledge. But, is financial illieracy a problem? Can we be faithful in our stewardship of God’s money without understanding money & how it works? In this episode, we describe what financial illiteracy may look like and whether we should be concerned about it.Episode Resources“Bountiful 101: Introduction to Cryptocurrency” (Bountiful S9E15) – The Light Network“How To Build a Budget” (Bountiful S15E3) – The Light Network“Bountiful 101: Introduction to Investing” (Bountiful S10E2) – The Light Network“Signs of Good Financial Health” (Bountiful S1E12) – The Light Network“Making an Effort” (Bountiful S12E3) – The Light NetworkFinancial Illiteracy Statistics: Recent Data, Causes & Solutions | NFEC (financialeducatorscouncil.org)According to the National Financial Educator’s Council, financial illiteracy is, “Lacking the skills and knowledge on financial matters to confidently take effective action t