6Financial literacy, financial liberation

Toward a critical race approach to financial education

Shakealia Y. Finley

DOI: 10.4324/9781003020264-7

What is meant by financial liberation? In the context of financial literacy, financial liberation means possessing the knowledge, tools, and skills necessary to make financial decisions as well as equitable access to the financial systems, structures, and institutions in order to ensure a desirable financial outcome. One may only take full ownership of financial behaviors when the systems, structures, and institutions operate in an equitable manner. Financial liberation takes on even deeper meaning as millions struggle to recover from the economic impact of the economic shutdown brought about by ...

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