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There is a diversity of definitions used by bodies such as NGOs and think tanks, but in its broadest sense, financial literacy is an understanding of money. [8] Some of the definitions below are closely aligned with "skills and knowledge", whereas others take broader views, and some are from academic research which is tested and validated:
The YouTube channel was founded in 2006 by Sal Khan who at the time was working as a financial analyst. The videos he created reached unprecedented levels of popularity, with hundreds of millions of views in the first few years of operation. [ 2 ]
Crash Course was one of the hundred initial channels funded by YouTube's $100 million original channel initiative. The channel launched a preview on December 2, 2011, and as of March 2022, it has accumulated over 16 million subscribers and 1.8 billion video views. [5]
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Investing Demystified was also selected by MoneyWeek as part of their list for the best financial books in 2013. [30] MoneyWeek again selected the book for its "best books on investing for beginners" section in 2016. [31] A second edition of the book was released in 2017, which was ranked in the top 10 investing books by Financial Expert. [32] [33]
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Rich Dad Poor Dad is a 1997 book written by Robert T. Kiyosaki and Sharon Lechter.It advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence (financial IQ).