Achieving Financial Literacy

Cynitra F. Oliver, MBA

Financial Wellness Associate

Do you lack skills and or knowledge on financial matters? Have you thought about taking effective action (or any action) that would best fulfil your personal goals, family goals, etc? ​If you answered no to either of those questions, family, I challenge you to become Financially Literate.

People that are “financially literate” are conscious about their finances. They set goals and make plans to achieve them. They set aside savings for emergencies. Their financial obligations are kept under control, and they don’t borrow money if they are unable to repay it. They monitor their spending patterns or habits. Financially literate people understand the concepts of how loans, credit card, and debt can assist with those large or unexpected purchases. In other words, they make responsible and wise choices about their finances.
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I have a few tips to help you achieve your goal of being financially literate.
1. Attend workshops or seminars that your local bank or credit union offers-most events are free.
2. Ask your trusted banker questions. That’s what they are there for.
3. Read books about financial literacy-may I suggest, “The Black Girls Guide to Financial Freedom, authored by Paris Woods
4. Follow “The Budgetnista”-Tiffany Aliche on Instagram and Facebook. She gives a wealth of knowledge on financial literacy.
 
There are other tips available to anyone interested in becoming financially literate; those are my personal favorites. It’s important to stay ahead of the game. Never think that your ques􀆟on or level or understanding far-fetched. We have all been there and it’s important to not stay there! Family, as always you got this!
Peace and Love
Cynitra

Cynitra F. Oliver, MBA

​I am a wife of 10yrs to the love of my life, proud mother to an 18yr old daughter, a proud member of Zeta Phi Beta Sorority, Inc., in which I have dedicated my time and financial expertise to the Financial Secretary role for my local chapter. As well as my current role as the chapter Parliamentarian. I have worked in the financial industry for over 17 years and have held several roles; from Licensed Banker to Branch Manager to Women’s Business Advocate. My goal/aspiration is to become financially free from all debt and create wealth for my family and all those I encounter; leaving behind a legacy for my daughter to continue. I love spending time with close friends and family.