In July we celebrate our nation’s independence, and we celebrate individual financial independence — this month’s principle, which addresses the importance of money management. Being financially independent allows you to use the money you have today to live the life you want, and it all begins with how you earn each dollar.
Committing to a financial vision keeps you on track to meet short- and long-term goals, and helps you develop healthy financial habits.
A concrete budget helps you track your money and be aware of spending and saving. It also helps prioritize goals and balance needs and wants.
No matter what the principle, saving for an emergency or future goals is critical. Even saving as little as $2 a week can go a long way.
To help you master this month’s principle, check out the National Standards in K-12 Personal Finance Education and the Jump$tart Clearinghouse, or get started with a few free resources from our National Partners including:
Additional resources:
