April is Financial Literacy Month
Did you know April is officially financial literacy month? That means there’s no better time than now to think about your financial goals, no matter where you stand today.
And while there’s no one-size-fits-all for fin lit, here are a few ideas to get you started;
1. Secure your emergency fund. We all need to be prepared for financial emergencies, and one of the most important ways to protect yourself is with an emergency fund.
2. Push yourself to save a little more. A commonly used rule of thumb is to try to save 20% of your after-tax paycheck. We know this might be a stretch for some people, but you can always push yourself to save more. Working with a budget can help.
3. Learn more about investing. Whether it’s through your 401(k), IRA, or brokerage account, investing is a great way to build your wealth over time. Learn more about how it all works, starting with our amazing Investing Cheat Sheet! (at least we think it’s amazing)
Or feel free to check out some of our other guides;
How to check your free credit report
Sample budget at $50k
Investing on a budget
What is an index fund?
Pay down debt or invest?
Reviewing your retirement account
Learn more and get personalized feedback for free
If you’re looking for a comprehensive review of your finances, you can also take our free quiz which offers tailored feedback based on your answers. And once you do, you’ll also have full access to our Core Curriculum, which offers self-guided exploration through a wide range of financial topics, like managing your debt and investing in stocks and bonds. It’s all free to use, all we ask is that you give it a try and maybe share with a friend too!
We’re on a mission to make financial literacy accessible to everyone. You can learn more here.
Let the financial literacy begin!