what are the components in financial literacy?
443393
There are five (5) core competencies of financial literacy: Earning, Saving & Investing, Spending, Borrowing, and Protecting.
1454823
But we feel that no matter what program is popular at the time, an effective literacy program should always encompass these six basic components: phonemic awareness, phonics, vocabulary, fluency, comprehension, and writing.
343222
['A Financial Plan – which is a budget projected out by month for the next 12 months. ... ', 'A Marketing Plan – which is what drives your Financial Plan.']
498973
['Commercial awareness.', 'Communication and leadership skills.', 'Financial modelling.', 'Business analysis.']
513364
['Financial.', 'Operations.', 'Customer Service.', 'Research/Knowledge/Education.']
802479
['knowledge of economics and accounting.', 'business management skills.', 'maths knowledge.', 'analytical thinking skills.', 'financial management skills.', 'leadership skills.', 'the ability to use your initiative.', 'to be thorough and pay attention to detail.']
802753
['Cash flows: ... ', 'Managing Risks and insurances: ... ', 'Balance sheet analysis: ... ', 'Education Planning: ... ', 'Planning your retirement: ... ', 'Investment planning: ... ', 'Estate planning:']
451963
['Proper financial and retirement planning starts with goal setting, including short-, intermediate-, and long-term goals.', 'Key short-term goals include setting a budget and starting an emergency fund.', 'Medium-term goals should include key insurances, while long-term goals need to be focused on retirement.']
1269974
['Cash and cash equivalents.', 'Inventory. ... ', 'Investments.', 'PPE (Property, Plant, and Equipment) ... ', 'Vehicles.', 'Furniture.', 'Patents (intangible asset)', 'Stock.']
570946
['Technology.', 'Research.', 'Data Analysis/Review.', 'Financial Planning.', 'Documentation.', 'Problem Solving.', 'Decision Making.', 'Managerial Skills.']
742059
['Passion.', 'Risk-taking.', 'Flexibility.', 'Self-confidence.', 'Management skills.', 'Networking skills.', 'Financial management skills.', 'Grit.']
283988
The three components of the financial system are: a monetary system, financial institutions, and financial markets.
76345
['Accounting skills. ... ', 'Interpersonal skills. ... ', 'Communication skills. ... ', 'Problem-solving skills. ... ', 'Technical skills. ... ', 'Leadership and management skills. ... ', 'Financial literacy skills. ... ', 'Critical-thinking skills.']
617920
['Assets,', 'Liabilities,', 'Equities,', 'Revenues, and.', 'Expenses.']
485518
There are four recognized elements of financial management: (1) planning, (2) control- ling, (3) organizing and directing, and (4) decision making. The four divisions are based on the purpose of each task.
905888
['Cash.', 'Accounts receivable.', 'Fixed assets.', 'Accounts payable.', 'Retained earnings.']
743237
['self-motivation.', 'integrity.', "ability to reflect on one's own work as well as the wider consequences of financial decisions.", 'business acumen and interest.', 'organisational skills and ability to manage deadlines.', 'teamworking ability.', 'communication and interpersonal skills.', 'proficiency in IT.']