April has been officially designated Financial Literacy Month. The goal of the month is to increase public awareness about the importance of financial education an inform about the consequences that may result from financial misunderstandings.
According to Consumer Credit Counseling Service, personal financial literacy will ensure that individuals are more prepared to manage money, credit, and debt. They say that doing so will lead to more responsible workers, heads of households, investors, entrepreneurs, business leaders, and citizens.
Being financially literate means understanding how to manage money, use credit effectively, build wealth, and make sound financial decisions. Financial literacy does not involve your income amount. It involves knowing the appropriate next step once you have earned it.
CCCS of Nebraska offers a debt repayment plan along with financial literacy to ensure success for each consumer that makes an appointment and starts the repayment plan.
"It is never too late to start teaching our kids about money," says Sharon Taubert, Vice President of CCCS of Nebraska.
For more information about Consumer Credit Counseling Service of Nebraska, go to www.cccsn.org or call 1.877.494.2227.