Solid Personal Financial Literacy Foundation Analysis

Words: 295

Pages: 2

It is important to have a solid personal financial literacy foundation so that you can set goals and plans for your future and present.

Firstly, a solid personal financial literacy foundation is needed for saving for retirement. If you retire and spend all your saved money, you will need to go back to work. But if you have a solid personal financial literacy foundation, you can spread your money out to make it last. Using a pension plan can help you extend your money and spread it across your savings.

Another reason why it is important to have a solid personal financial literacy foundation is so you can save for college. The average college tuition costs anywhere between $10,000 to $23,000. A solid personal financial literacy foundation can

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