What does financial literacy mean?

Definitions for financial literacy
fi·nan·cial lit·er·a·cy

Here are all the possible meanings and translations of the word financial literacy.


  1. Financial literacy

    Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States and the United Kingdom. Understanding basic financial concepts allows people to know how to navigate in the financial system. People with appropriate financial literacy training make better financial decisions and manage money better that those without such training. The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of providing ways to improve financial education and literacy standards through the development of common financial literacy principles. In March 2008, the OECD launched the International Gateway for Financial Education, which aims to serve as a clearinghouse for financial education programs, information and research worldwide. In the UK, the alternative term "financial capability" is used by the state and its agencies: the Financial Services Authority (FSA) in the UK started a national strategy on financial capability in 2003. The US Government also established its Financial Literacy and Education Commission in 2003.

How to pronounce financial literacy?

  1. Alex
    US English

How to say financial literacy in sign language?


  1. Chaldean Numerology

    The numerical value of financial literacy in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of financial literacy in Pythagorean Numerology is: 9

Examples of financial literacy in a Sentence

  1. Apple Inc:

    We purchased 'The Banker' earlier this year as we were moved by the film's entertaining and educational story about social change and financial literacy, last week some concerns surrounding the film were brought to our attention.

  2. Philip Haglund:

    Cash was the best way to teach financial literacy because it's so tangible and so easy to grasp, now money is being transferred through some kind of cyberspace, which is really abstract and hard for anyone to understand.

  3. Andreas Simic:

    It takes a village to raise a child, a team to build a dream and a community to foster financial literacy

  4. Melissa Kahn:

    The lifetime income disclosure is critical for improving financial literacy, today's 401(k) statement just tells you how much is in your account - and for most people it's more than they've ever seen in their lifetime in one place, so they think they are rich. But when you see what that will generate in income, it's a real wake-up call.

  5. Andreas Simic:

    It takes a team to build a dream, a village to raise a child, and a community to foster financial literacy.

Images & Illustrations of financial literacy

  1. financial literacyfinancial literacyfinancial literacyfinancial literacyfinancial literacy

Translations for financial literacy

From our Multilingual Translation Dictionary

  • वित्तीय साक्षरताHindi
  • مالیات کے بارے میں تعلیم یافتہ ہوناUrdu

Get even more translations for financial literacy »


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