Financial Literacy is key to an individual being successful in the management of their finances. In an effort to assist members to become proficient in the management of their finance, we have launched our Happy Monday Financial Tip campaign. This campaign is geared toward both members and non-members.
Understanding Financial Literacy: Financial Literacy is the ability to manage your money properly. Management here relates to planning and executing your plan effectively.
Sticking with your budget: Regardless of the amount of income you earn on a monthly bases, it is important for you to develop and stick with your budget/plan. Without such budget, it will be impossible to track and monitor where your funds are going.