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What is Financial Literacy and why is is important?

Being a responsible lender, we feel it’s our job to share with our clients and a wider community everything we know about finance and managing money.

Unfortunately, these essential topics are rarely covered at school. It takes some learning, practice and trying it on your own to get good at it.

So, the first question that comes to mind is “What is financial literacy?"

Financial literacy is the ability to understand the pros and cons of money-related decisions, weigh the costs, and make confident and informed choices.

We all know that retail is facilitated by credit. It is normal pr...

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