What Are the Key Components of Financial Literacy?

There are five key components of financial literacy, according to the Financial Literacy and Education Commission: Earn, spend, save and invest, borrow, and protect.12

What Are Good Resources to Improve Your Financial Literacy?

Three excellent resources for improving financial literacy are books, including the Dummies Guide to Financial Literacy; magazines such as Kiplinger; and podcasts like NPR's Planet Money.