UNIT 1 - CREDIT
Credit plays a pivotal role in financial literacy, serving as a fundamental pillar for personal and economic growth. It empowers individuals and businesses to access vital financial resources when needed, facilitating the realization of various goals and aspirations. Through responsible use, credit can provide immediate financial assistance during emergencies, bridge the gap between income and expenses, and enable the pursuit of significant investments such as education, homeownership, or entrepreneurial ventures.
Why Does Credit matter?
Access to Financial Resources
Emergency Support
Pursuit of Major Investments
Building a Positive Credit History
Enhanced Financial Opportunities
Convenience and Security