Archive for March, 2009

What is Financial Literacy?

As defined by Wikipedia (http://en.wikipedia.org/wiki/Financial_literacy) – Financial literacy is the ability to understand finance. Raising interest in personal finance is now a focus of state-run programs in countries including[1] Australia, Japan, the United States and the UK. The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of [...]