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April is Financial Literacy Month: The More You Know, the More Secure You’ll Become

By LIMRA on Apr 25, 2023 11:23:29 AM

Financial literacy is one’s ability to understand the tools and concepts needed to make sound financial decisions. Often, this includes effective budgeting, saving, and investing but extends into income security. A lack of knowledge can inhibit consumers from protecting their income with products like life insurance and annuities.

Topics: Research/Trends LIMRA Financial Literacy Financial Security

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