Learn about the cycle of living paycheck to paycheck and consequences of making mistakes such as paying high interest rates or having bad credit, both short-term and long-term.
Being financially illiterate leads to a failure to understand basic financial decisions. Outright bad decisions are made, which result in more debt, less savings, stress and uncertainty, and more hours worked with little to show for it.
Introduction to American Personal Financial Literacy, a Udemy course
Module 1.1 lecture recorded 2016-03-21