Financial literacy is often on my mind, but this month especially as I'm reading about it on many fabulous blogs
and in the news
. Last April was declared National Financial Literacy month, and this year many people are using the month again to promote financial literacy
.
When it comes to finances I like to think I have a good head on my shoulders. But I'll be the first to admit, I am far from financially fluent.
Obviously, I have a pretty strong grasp of student loans (despite never having any), thanks to my job. I also know about budgeting and emergency savings. But there is one word that still scares me: investing.
Stocks, bonds and all that jazz intimidate me. It has something to do with the image the word "investor" conjures up in my mind, I think. You see, to me investors are those mathy folks who wear suits and say things like "dividend"
and "hedge fund." ![]()
Now, I have a 401k and make regular contributions, but the money still goes to the default fund. I have yet to research and reallocate my funds. Each time the quarterly statement arrives I think, "You should really read up on this." But I have yet to follow through with that thought.
Since we're in financial literacy month, I'm going to fight my fear and get over my preconceived notions. Local library, here I come to arm myself with investing information!
I know I shouldn't need a special month to motivate me, but sometimes a little extra push helps.
If you need a push, here's one from me: Check out Wells Fargo's Hands on Banking® Program
to learn more about the financial topics you don't know much about. There is even a section specifically for young adults.
And if you're looking to boost your student loan literacy let us know what you're curious about or start with some basics from the blog. ![]()

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