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Financial Literacy
This self-assessment focuses on personal financial literacy. This is not a course about personal finance, and we only touch briefly on organizational finance. However, if you do not understand the basics of personal finance, you have two potential problems. First, if you do not understand personal finance it is also likely you do not understand organizational finance. This is important because effective managers are knowledgeable about financial matters. Second, if you do not understand personal finance, you put yourself in danger of making poor financial decisions early in your adult life that may be difficult to recover from in the years ahead.
First, if you do not understand finance it is also likely you do not understand organizational financial concepts needed to be a successful manager and leader. This is important because effective managers are knowledgeable about financial matters. Second, if you do not understand personal finance, you put yourself in danger of making poor financial decisions early in your adult life that may be difficult to recover from in the years ahead.
What can you do to improve your financial literacy?
**Please be thorough/very detailed, list all sources/references, and respond in English. Thank you!
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