Welcome to National Financial Literacy Month

ByMichelle Garrett

financial.literacy.month

April is recognized as National Financial Literacy Month here in the US to help bring attention to how important it is to be knowledgeable about individual personal finances and to teach us how to establish and maintain (the hard part!) healthy financial habits.

Financial savviness is nothing new here at Divas With A Purpose and over the next couple of weeks we’ll have a new personal finance topic each weekday – including budgeting, debt management, savings and teaching our children how to be financially fit.

I know I’m not the only one that’s sat and planned out how I’d spend that financial windfall that’s going to come someday, right?

If money weren’t an object, I’d go back to school full-time to complete my degree and continue on with my Masters in Business Administration.  I’d, also, work with my non-profit, the Lillie-Helen Stroke Awareness Foundation, full-time and take it to the next level.

Some of the items on my bucket list for the next 5 to 20 years are:

  • Completing my MBA
  • Becoming debt free
  • Taking a family vacation to Washington, DC and Birmingham, Alabama
  • Becoming more organized
  • Sending my parents on a vacation
  • Travelling to Paris and Africa
  • Taking a cruise to Alaska

Financial Literacy Impacts Short and Long-Term Goals

Goal setting is the first step in attaining the items on your bucket list.  By specifying what you want to attain, it gives you clarity and something to work towards. It gives you motivation and inspiration. It provides accountability and helps you to formulate SMART goals.  It’s hard to get anywhere when you don’t have a starting or ending point.

 

 If you could do anything and everything you wanted with money not being an issue, what would it be? Join us Wednesday as we discuss personal and financial goals.