April marks National Financial Literacy Month, and it’s more than just another item on the calendar. At Sherman Wealth Management, we’re taking this opportunity to dive into why financial literacy, education and empowerment should play a key role in your life.
Why is financial literacy so important? Well, because money matters. It affects every aspect of our lives, from where we live to what we eat. But understanding how to manage it effectively? That’s where many people struggle.
Financial literacy isn’t about fancy finance jargon or complicated formulas. It’s about having the knowledge and skills to make smart decisions about your money. Whether it’s setting a budget, paying off debt, or investing for the future, knowing the basics can make a world of difference when it comes to your specific financial life.
Unfortunately, school systems across the globe greatly lack financial education. With the lack of financial literacy taught through education, not everyone has access to the same level of financial education. This creates a gap between those who are more financially educated and those who are not. National Financial Literacy Month is an opportunity to bridge that gap and ensure that everyone has the tools they need to succeed and make smarter financial decisions.
When you understand how money works, you feel empowered and you’re in control of your financial future, making decisions that align with your goals and values. So, what can you do this National Financial Literacy Month? Start by educating yourself. Take advantage of resources like workshops, online courses, and personal finance blogs (like this one and others on our site. Work with financial professionals who focus on and empower financial literacy amongst their clients so you can learn as you live your life and grow your wealth. And don’t stop there – share what you learn with others and advocate for financial education in your community.
Here at Sherman Wealth, we are big proponents of financial education and empowerment. We work with many local organizations and schools to help spread the importance of financial literacy and help others around us feel more confident with their finances. National Financial Literacy Month is a reminder that empowering others to educate themselves and make smarter decisions is pivotal to our lives and our children and grandchildren’s lives. Check out our podcast episodes and blogs for more financial literacy content and email info@shermanwealth.com if you have any questions.
