Managing a business is no small feat, as it requires an adept understanding of financial systems and processes. Knowing the basics of business finance management can feel overwhelming to many business ...

Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

Financial literacy refers to the understanding and capability to make informed and efficient decisions about personal financial resources. It encompasses the knowledge of how money works in the world: ...