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. 

Posted by Barbara at 10:00 AM |  Contact Barbara |  Permalink  |  Comments (0)
Found in 401K, Budgeting, Financial education, Hands on Banking, Investing, Money management, Preparing, Wells Fargo Bank