Financial literacy is much more than a collection of terms; it is a foundational skill set that empowers individuals to navigate the complexities of the modern economy with confidence. At its core, being financially literate means understanding how to earn, manage, invest, and protect your resources effectively. By developing these competencies, you can move beyond the stress of living paycheck-to-paycheck and begin building a future defined by long-term security and expanded opportunities, as explained by Mario Payne.