212 National Financial Literacy Month - Day 6 - How To Improve Your Financial Literacy Now

Before delving into how to improve your financial literacy now, assess where you stand financially. Here are a few things to consider prior to locking in ways to improve your financial literacy:

1. Do you know how to create a personal budget?

2. Do you have an emergency fund that covers at least three months of basic living expenses? 

3. Do you have a plan for retirement?

4. If you have debt, do you have a plan to pay it off? 

5. Do you know your credit score and how to improve it?

Paul requests that you answer the questions above for yourself and work to improve each one for yourself. Answering the questions above will put you light years ahead in improving your financial literacy.

Here are a few things you can do right now to improve your financial literacy:

• Create a monthly personal budget
• Start an emergency fund
• Make a plan for retirement
• Make a plan to get out of debt
• Determine your credit score and improve on it

Thank you for listening to this episode because it truly helps you establish a financial foundation for today and  in the future. There will be more on day seven so return for another episode in support of financial literacy tomorrow and the rest of this week.

Learn about Paul Lawrence Vann's virtual Financial Fitness course, it is being offered at a 50% discount throughout the month of April, National Financial Literacy Month, here is the link:  https://bit.ly/3dbperG