GOBankingRates Kicks Off Financial Literacy Month With a Comprehensive Guide on Personal Finance

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Apr 04, 2022, 10:00 ET

GOBankingRates' 'How Well Do You Know Your Money?' franchise aims to help readers understand important terminology, strategies and risks related to crucial personal finance topics like investing and retirement planning.

LOS ANGELES, April 4, 2022 /PRNewswire/ -- For financial literacy month, GOBankingRates wants to help people become more knowledgeable and empowered when it comes to all aspects of managing their money. Its new "How Well Do You Know Your Money?" franchise provides a wide range of content that will give readers the confidence they need to make smart financial decisions.

“Simple money topics like understanding what APR and APY mean and how they impact you can really help people to make better financial decisions. We can end up spending more or not making the most of our savings simply because we haven’t received enough education on these matters, and that’s something that we hope to help change,” said Molly Sullivan, senior editor at GOBankingRates.com.

This month-long guide, which has over 100 pieces of content, covers the five key principles of financial literacy according to the Financial Literacy and Education Commission: earn, save and invest, spend, borrow and protect. It also takes a closer look into financial literacy and how it can help you to build wealth and how financial literacy compares around the world.

GOBankingRates' franchise also features exclusive survey data revealing how Americans have been monetarily hurt by financial illiteracy, which money topics they feel like they need more education on and more. The franchise will also help people at different stages of their lives as it covers how financial literacy changes once you're retired and how families can work together to make sure they all stay educated about money.

"Simple money topics like understanding what APR and APY mean and how they impact you can really help people to make better financial decisions. We can end up spending more or not making the most of our savings simply because we haven't received enough education on these matters, and that's something that we hope to help change," said Molly Sullivan, senior editor at GOBankingRates.com. "Financial literacy isn't going to solve all the money problems people have, but it can make a big impact."

If you have any questions or wish to speak to a GOBankingRates editorial representative, please direct all media inquiries to:

Contact:
Carly Brashears
GOBankingRates.com
[email protected]

About GOBankingRates
GOBankingRates.com is a personal finance news and features website dedicated to helping visitors Live Richer™. From tips on saving money to investing for retirement or finding a good interest rate, GOBankingRates helps turn financial goals into milestones and money dreams into realities. Its content is regularly featured on top-tier media outlets, including MSN, Yahoo!, FOX Business, CNBC, Business Insider, USA Today and dozens of others. GOBankingRates specializes in connecting consumers with the financial institutions and products that best match their needs. Start your journey toward a rich mind and full wallet with us at www.gobankingrates.com.

SOURCE GOBankingRates