This budget is just a starting point - you'll want to compare it with your actual spending to see where changes are needed. But be sure not to sign up for an expensive credit monitoring service, unless you want the service and do not mind paying a monthly fee. Washington Post. Phishing - They pretend to be legitimate financial institutions or companies and send spam or pop-up messages to get you to use a computer to reveal your personal information. Choose from 500 different sets of personal financial literacy flashcards on Quizlet. See how much cash you can get for your future payments. In the worst case scenario, meaning you don't discover fraudulent charges for more than 60 days after the bank sent you a statement showing the unauthorized activity, you could be responsible for all charges made after the 60 days. Consider the rewards offered by both cards, especially if you travel or make large purchases often. Most financial institutions keep copies of your transactions and statements online for about one year, but after that you may be on your own. Personal Financial Literacy is a quality indicator within ICAP requirements. Our Curriculum Advisory Board designs … It is never too early, or too late, to begin developing financial literacy, taking control of your finances, and putting yourself on the path to financial security. Plan before you spend. 4. There are a number of options for the type of primary account for saving your paychecks. From evolving your marketing strategy to expanding your client reach the work of maintaining a business requires constant dedication. On completion of this course, students will be able to develop a money management system tied to personal financial goals, to understand consumer rights and responsibilities from a monetary perspective, and to evaluate financial information. FINANCIAL LITERACY Anne A. Alban Family Welfare Officer Albanne_10 2. 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