Introduction to Financial Literacy

Financial literacy encompasses the knowledge and application of various financial skills, including personal financial management, budgeting, and investing. It's the foundation that enables individuals to make informed and effective decisions with all of their financial resources.

Why Financial Literacy Matters

The importance of financial literacy cannot be overstated. In an age where financial products and services are becoming more complex and the global economy more interconnected, the ability to navigate personal finances effectively empowers individuals to save wisely, invest confidently, and manage debt. Moreover, financial literacy is crucial in fostering financial stability and independence, helping individuals to meet their life goals, whether that involves buying a home, funding education, or planning for retirement.

Generation Grow's Financial Literacy Toolkit offers more than just information; it provides a roadmap for action. Through our comprehensive guides, real-life examples, and interactive tools, we aim to equip you with the skills you need to take charge of your financial future.

Pamphlet #1 for Dadap Community

Linked here is the first of a series of pamphlets I sent to Bakrie Amanah to be distributed to middle schoolers and high schoolers in the low-income Dadap community in Jakarta, Indonesia. This first pamphlet summarizes Financial Literacy and its importance in an understandable, accessible manner so that the youth in these relatively uneducated communities can understand. It also explores the first major topic in this series of pamphlets: financial psychology. This introduction to financial psychology underscores that human behavior is easily swayed by impulse and emotion, which can cause one to make unsound financial decisions. By addressing the influence of our emotions, the reader can become more aware of the decisions they make and this will serve as the foundation for the upcoming pamphlets.

Sources: Investopedia, Next Gen