Ability

to understand finance. set of skills and knowledge that helps to take effective decisions through understading finances. Refers to knowledge to manage personal finance

 Consumers

are faced with a wider and increasingly complicated array of options for arranging their personal finances and selecting investments and credit products. Young people, who need to learn how to make responsible financial decisions as adults. Immigrant populations, who may require information on operating within our nations economic system, which may be unfamiliar to them.

Consumerism has spiralled. When a person thinks about transportation, he thinks about owning a Lexus. Moreover, a large percentage of people use credit to improve their lifestyles, spending significantly beyond their means. The easy availability of credit has fueled this phenomenon. The distinction between needs and wants has become hazy. These tendencies lead to substantial debt. Once a person is in the hole, it is extremely challenging to climb out of it.