Five Simple Steps to Financial Literacy

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  • Pull your credit report
  • Keep a money diary
  • Set Up a Wealth-Building System
  • Review Your Company Benefits
  • Pick a Financial Website
  • Becoming Financially Literate

Set Up a Wealth-Building System

Transfer money to accounts automatically after you decide your financial goals. For example, if you want to have money for that cash reserve or that down payment on a new car or home, it's easier if those payments are coming out of your bank account automatically. Those small payments can really add up over time and you can find yourself on the path to financial security. 

(Photo: Getty Images/STOCK)

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