If your heartbeat’s elevated during April, it might be due to tax season. Dealing with taxes and finances can be hazardous to your health! Maybe that’s why April is Financial Literacy Month; although, it doesn’t need to be a source of stress.
Staying financially healthy means you can take care of your family’s obligations and stay educated on current financial strategies. In fact, financial literacy can help smooth the way for all facets of life.
If you’re a young adult just starting out, now’s the time to make smart decisions about everything from healthcare options to saving for the future. Healthcare is often a hot topic that can cause confusion, stress and questions. Where do I find the best plan? What is covered?
Check out these links from the national nonprofit Transamerica Center for Health Studies [TCHS] to get a better understanding of what’s available to you:
- Basic College Student Health Options
- 50 State Exchange Guide
- 50 State Medicaid Guide
- Basic Veterans Health Coverage Guide
As we age, our financial concerns change. You could find yourself caring for an elderly parent, for example. This Caregiver Guide from TCHS can help you get ahead of the curve.
Keeping up with financial news is a good start to increasing your literacy. Tax reform, personal debt, budgeting and investing are big issues, and the more you understand, the better equipped you are to plan. And having a plan is a great way to reduce stress and improve your overall financial health and well-being.
How have you already improved your financial literacy?